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Cash Flow Management – FindlayCPA

  It is mandatory that businesses (and individuals alike) have a money supply large enough to meet their obligations as these come due, to provide a cushion for emergencies and planned or unexpected growth opportunities. While the generation of profits is a key performance indicator for business of all sizes, the expression “cash is King” […]

Accountable Reimbursement Plans

The Advantage of Accountable Reimbursement Plans   Employees often incur business expenses such as travel, business use of their homes, telephone, meals and auto expenses, in the course of their job. Some or all of these expenses may be reimbursed by their employers. There are strict tax rules concerning what qualifies as a legitimate reimbursement […]

Recipe for a Successful Small Business

Every successful dish starts out as a trusted recipe, and as long as the recipe is followed, the dish is successful each and every time. It is difficult, if not impossible, to determine the amount of money lost through small business failures during the last five years. In 2009, the Kauffman Foundation estimated the start-up […]

Get Your Ducks In A Row for 2017 Tax Season

As fall approaches, we look forward to the holidays. After the thanksgiving turkey and Christmas ham has been eaten, we savor to the promise of spring, only to be reminded that the 2017 income tax filing season will soon be upon us. For many people, the act of filing their income tax returns creates significant […]

Proper Classification of Workers: Employee vs Contractor

Generally, business growth is accompanied by a higher head count, which in turn is accompanied by growing tax and employee benefit challenges. Many business owners may be tempted to minimize the impact of these challenges by classifying workers as independent contractors rather than employees. However, it is critical that business owners correctly determine the individuals […]

10 Best Practices for Accounts Payable

Healthy working capital flow is of paramount importance to all businesses. This is especially true for small to medium sized businesses. Accounts payable, when properly managed, can be an effective strategy to free up and protect working capital. Here are ten best practices for accounts payable management: Develop a written accounts payable policy and procedures […]

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