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“Well… that sucked.”

By Anna Masker In standard19th April, 2016 “Well… that sucked.”

“Well… that sucked.” That was the summation of a business owner’s experience filing his taxes this year.  He finished working with his CPA feeling underserved, unimpressed and blind-sided by a big tax bill he didn’t know was coming. Before this turns into a gripe session about accountants, let’s set one thing straight.  CPA firms are

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Increasing your Accounting Velocity

By Anna Masker In standard8th April, 2016 Increasing your Accounting Velocity

Ever think of your accounting department as being quick, savvy, and fast?  No?  You’re not alone. Seriously– I can’t think of a bunch of more slow-moving meticulous, analytical  people in the universe.  (And I’m one of them, by the way.) If there is one complaint we hear from owners is that they never get information

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Spring Cleaning Your Balance Sheet

By Anna Masker In standard1st April, 2016 Spring Cleaning Your Balance Sheet

Just as it’s time to clean out closets and wash windows it might be time to do a little spring cleaning on your balance sheet. Why is cleaning up your balance sheet important?  It’s the first place most banks and investors (and you) look when  you  measuring the health of a business.  If there’s a

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My March “Madness”

By Anna Masker In standard21st March, 2016 My March “Madness”

I get mad in March. It’s not because I stink at my basketball picks, or that the weather can’t decide if its still winter or spring. I get mad in March because it’s when the CPAs’ adjusting journal entries come rolling in, and often blow up any kind of analysis one could do on the

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Stepping Over Dollars to Pick up Dimes

By Anna Masker In standard14th March, 2016 Stepping Over Dollars to Pick up Dimes

  Recently I  attended a presentation about a new accounting technology that streamlines the AP and expense reporting process.  I was impressed, and started running through in my mind how well this could improve the lives of our clients, give them better control over their travel spend and give them the ability to scale into

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If You Serve the Healthcare Market, You Need to Know This

By Anna Masker In standard7th March, 2016 If You Serve the Healthcare Market, You Need to Know This

HIPPA compliance isn’t just for hospitals, doctors or surgical centers.  It can also impact you if you serve any of these markets.  Understanding what your responsibilities are when it comes to HIPPA compliance will keep you off the Department of Health and Human Services’ “Wall of Shame.” We interviewed Nelson Gomes for this week’s post. 

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The Secret Decoder Ring for Your Financials

By Anna Masker In standard12th February, 2016 The Secret Decoder Ring for Your Financials

One year after Valentine’s Day, I went to the store and saw that Valentines were on clearance. I don’t know what I was thinking, but I literally bought about four years’ worth of Valentines for my two kids that day.  (Hey, they were only $0.25 a box!) We have all sorts of Valentines to give

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Sell-side due diligence—what you have to do now even if you don’t think you’ll ever sell.

By Anna Masker In standard11th February, 2016 Sell-side due diligence—what you have to do now even if you don’t think you’ll ever sell.

Value is in the eyes of the beholder, right?  So if a buyer were to approach you today, is your business ready to sell?  Selling a business isn’t for the faint of heart—it’s an arduous and rigorous process of opening your company to outside scrutiny.  If you have a sophisticated buyer, everything gets scrutinized– your

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Anna Masker featured on Podcast talking about D.I.S.C.

By Anna Masker In standard21st January, 2016 Anna Masker featured on Podcast talking about D.I.S.C.

Anna Masker was the featured guest on Michael Michalowicz’s podcast, Grow My Accounting Practice.  Click on the link below to see how she and her team use DISC personality profiles to find ways to effectively communicate with their clients, and learn an interesting and quick test that you can use to help determine personality profiles

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Making Payroll by the Seat of Your Pants…. And You Don’t Even Know It.

By Anna Masker In standard14th January, 2016 Making Payroll by the Seat of Your Pants…. And You Don’t Even Know It.

Did you know you barely made payroll this week?  Surely you would have heard about it from your office manager or bookkeeper.  But they didn’t say anything, so all’s good, right?  Maybe not. Here’s a common scenario: The owner pops their head in to the bookkeeper or office manager’s office and says “are we good

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