Insight Tag: Small Business
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Article
Understanding Net Asset Classifications: A Key to Financial Clarity
Not-for-profits play a vital role in addressing community needs, relying primarily on donor generosity. Effective financial management hinges on accurately tracking asset restrictions, which are critical for decision-making. This article outlines net asset classifications, highlights best practices for their management, identifies common challenges, and suggests resources for future guidance.
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Article
The Future of QuickBooks: Getting Ahead of the Change
As of July 31, 2024, new subscribers can choose between QuickBooks Online (QBO) and QuickBooks Enterprise. Existing subscribers will still be able to renew their QuickBooks Desktop Pro and Premier subscriptions, but these options are no longer available to new subscribers. The biggest impact will be for new businesses or QuickBooks Desktop users without an active subscription. For several years, Intuit has poured its resources into enhancing QuickBooks Online, to make it more robust and user-friendly while adding new features.
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Article
When a Plan Comes Together: Business Succession Strategies
While your business may not look exactly as it did before, it may be the right time to rekindle those tabled discussions about the long-term future of your business.
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Article
Cash is King: Forecasting & Managing Cash Flow
Below are some Key Performance Indicators (KPIs) to monitor along with other considerations to help you manage your business’s most important asset.
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Article
5 Steps to Business Financial Success in 2023
It is not too late to set your business finances up for success in 2023.
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博客
Healthy Headspace in the Workplace
Employers are in the driver’s seat when it comes to implementing mental wellness strategies in the workplace and offering a preventative approach to employees’ mental health.
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博客
No Need to Rush Employee Retention Credit Filing
The IRS is aware of firms pushing the limits of the credit, so we expect an increase in IRS scrutiny and audits as a result.
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博客
Considering An ESOP Exit Strategy?
When you choose to embark on an Employee Stock Ownership Plan (ESOP) journey, you’ll have the opportunity to sell all (or just a portion) of your own investment in the company to employees while keeping you in the driver’s seat to maintain continuity and control of the business.
Nov 17, 2023
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Newsletter
Benefit 的见解 | Fall 2023
On November 1, 2023, the IRS announced the Cost of Living Adjustments (COLAs) affecting the dollar limitations for retirement plans for 2024. In October, the 社会 Security Administration announced a modest benefit increase of 3.2%. Retirement plan limits also increased over the 2023 limits. Keep reading to learn more.
Feb 7, 2023
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Newsletter
平原 & Simple | Winter 2023
As you gear up for business in 2023, take a look at recent history to understand the changes and challenges businesses have faced: Inflation, supply chain interruptions and delays, rising interest rates, the threat of recession, and global instability. So how do we respond to the unknowns and prepare ourselves to be successful in a challenging environment? We wanted to highlight key business trends to consider for your business model.