Steve Feinberg

MARCH 15, 2023

Custom cabinetry companies don’t have the luxury of choosing jobs that aren’t profitable, but job delays, changing materials costs, and surprise tax issues can turn even simple contracts into time and cost-wasting nightmares. What Makes Cabinetry Company Bookkeeping Different?

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Steve Feinberg

NOVEMBER 30, 2022

All of these and more can make accurate, effective bookkeeping for remodeling businesses difficult, which can lead to costly mistakes. Why Is Bookkeeping for Remodeling Businesses Different? In the end, improper bookkeeping can even result in bankruptcy. Good bookkeeping starts with good record-keeping.

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CPA Practice

JULY 12, 2023

Inevitably, your clients with growing businesses will want to hire, so you’ll be better able to help them if you have a clear understanding of the differences between SUI (state unemployment insurance) and SIT (state income tax) and how they affect your clients’ businesses. What is SUI Tax? The federal tax rate is a flat 6%.

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Steve Feinberg

OCTOBER 14, 2022

While all this may be true, cost overruns in construction projects are just as likely to be the result of poor project management, unrealistic construction cost breakdown, and inaccurate bookkeeping. Essentially, proper bookkeeping minimizes overrun by preventing inaccurate data from leading the project astray. Payment Delay.

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Steve Feinberg

OCTOBER 14, 2022

While all this may be true, cost overruns in construction projects are just as likely to be the result of poor project management, unrealistic construction cost breakdown, and inaccurate bookkeeping. Essentially, proper bookkeeping minimizes overrun by preventing inaccurate data from leading the project astray. Payment Delay.

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Going Concern

JANUARY 6, 2023

Nonfarm payrolls increased by 223,000 in December and the unemployment rate ticked downward by two-tenths of a point to 3.5%, the U.S. Bureau of Labor Statistics reported Friday, but employment in accounting and bookkeeping services fell by 1,100 jobs. CPAs rev up for a new tax season [ Journal of Accountancy ].

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Steve Feinberg

OCTOBER 31, 2022

And while a good landscaper needs to know their tools, clients, and capabilities, running a profitable business requires detailed bookkeeping—a role that not every business owner might feel comfortable stepping into. Let’s take a look at why bookkeeping for landscape business is so important and what owners can do to keep the books balanced.

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