If you have reached the point in your business where you are considering whether you need to hire a Controller, a CFO or just need an upgrade over your current accounting staff, you are at a critical point in your company’s life cycle. This need typically arises when a company is either preparing for rapid...Read More
The Taxpayer Certainty and Disaster Tax Relief Act of 2019 extended the Work Opportunity Tax Credit (WOTC) allowing employers who are willing to help disadvantaged individuals to benefit from a substantial federal tax credit. The WOTC is typically worth up to $2,400 for each eligible employee, but it can be worth up to $9,600...Read More
In the face of the global pandemic and the subsequent economic crisis it has spurred, the federal government has taken several steps to protect small business owners. One of the most notable of these steps is the offering of Paycheck Protection Program (PPP) loans, which are being trumpeted as forgivable loans. Though the loans are indeed...Read More
If you had to make a list of some of the most pressing issues facing business owners in the modern era, cybersecurity would undoubtedly be near the top. But the major thing that many people don’t realize until it’s far too late is that the common image you think of when you hear the term...Read More
If you are an employee of a corporation, as an incentive to continue employment, the company may offer you the option to purchase shares of the corporation at a fixed price at some future date so that you can benefit from your commitment to the success of the company by sharing in the company’s growth...Read More
On a basic level, a virtual CFO (or vCFO for short) is exactly what it sounds like. This is someone who performs all of the services normally associated with a chief financial officer, only in a third-party capacity. Instead of going to the trouble (and expense) of hiring, training and bringing someone with these qualifications...Read More
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