Mon.Nov 22, 2021

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Cash Flow: The X-Factor of Modern Business

AccountingDepartment

A business’ cash flow is just as important as the merits of its products or services. A business with a superior value offering has the potential to fold if it has insufficient cash flow. Business owners and managers who prioritize cash flow give their company the best chance to remain operational and win the marathon as opposed to the short-term sprint.

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Crypto Accounting: An Open Letter to the FASB

BurklandAssociates

The rapid growth of crypto assets has challenged regulators to standardize and issue timely authoritative guidance for crypto accounting. The AICPA has issued guidance outlining how companies should account for Read More. The post Crypto Accounting: An Open Letter to the FASB appeared first on Burkland.

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How Do I Pay Myself and My Taxes as a Partnership?

xendoo

Every partnership owner faces the unique challenges of self-payment, tax filing, and maximizing their tax savings. Although they would rather focus on growing their business, taxes and payroll often take up too much of their valuable time. . If the self-payment struggle is all too familiar to you, Xendoo is here to help. We have created this guide to help you pay yourself and maximize your savings as a partnership owner!

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Mindful Money: How Being in the Right Mindset Can Increase Profit

GrowthForceBlog

9 min read. When you think about the average CEO's mindset, you probably picture someone driven, creative, and insightful who never stops and has access to seemingly endless stores of energy.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Creating an MLM in Ten Easy Steps

FraudFiles

Hundreds of thousands of Americans get sucked into Multi-Level Marketing (MLM) companies each year. From Mary Kay to Amway to Herbalife to PrePaid Legal, the list is seemingly endless. Each offers its own special spin on the products it sells, but the main focus of an MLM is on recruiting new members. MLMs live and die by the recruitment of new members, who make the bulk of the product purchases from the company.

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IRS Releases Guidance Surrounding Timing of PPP Forgiveness

Withum

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Happy Thanksgiving

KROST

We’re so thankful for all of your support throughout the year. We wouldn’t be where we are today without you. We gave thanks this year by donating to the following organizations. If you would like to contribute to any of these groups, we’ve included links below for your convenience. Alzheimer’s Association – Walk to End Alzheimer’s.

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Keep Going: McKay’s Story

MazumaBusinessAccounting

Sometimes doing the opposite of what everyone else is doing is the right approach. That is what McKay learned when he started his business, Five Star Commerce. Five Star Commerce is a marketing and consulting service for brands selling on Amazon and Walmart as third-party sellers. McKay found a niche in his pricing model by offering hourly pricing rather than a flat monthly fee like most agencies.

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Great Meetings

RitaKeller

“Once you’ve got 7 people in a decision-making group, each additional member reduces decision effectiveness by 10%.” – Dan Rockwell LeadershipFreak. Dan Rockwell gives us 3 Words That Make Meeting Great. Those 3 words are Specific. Shorter. Smaller. Follow the link to read more about these three words. I like the two words that apply to CPAs – Decide and Deliver.

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Laurence Jones

GBQ

A mentor once encouraged Laurence Jones to be a professional problem solver. Challenge accepted. Coupled with knowing the right questions and networking to understand resources and skillsets, it didn’t take Laurence too long to figure out that solving problems for others is the secret sauce to success in both business and in life. As President & Co-founder of RiskVersity , Laurence helps organizations solve problems (before they even occur!

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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California Pass-Through Entity Tax May Have Unintended Consequences

Withum

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Last Week in Payroll: Will Paid Family and Medical Leave Provision in House-Passed Spending Bill Survive the Senate?

ThomsonReuters

On November 19, 2021, the House passed a $2 trillion spending bill with a number of payroll-related provisions that include paid family and medical leave. House members voted mainly along party lines with a 220 to 213 final tally. The more than 2,000-page long budget reconciliation bill now moves on to the Senate where challenges and changes are expected.

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