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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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Accounting Technology and Betty the Bookkeeper

By Anna Masker In standard7th January, 2016 Accounting Technology and Betty the Bookkeeper

If your accounting function isn’t embracing new technology, you are spending more money than you should in that function.  And it’s probably impacting your cash flow due to higher expenses, slower processes, and dependency on snail mail and paper. Gone are the days of manual data entries, paper checks and snail-mailing invoices.  Going are the

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Making your plan happen…

By Anna Masker In standard31st December, 2015 Making your plan happen…

For those of you who painfully slogged your way through the budgeting process for the new year–or those of you who are putting your final touches on your plan –you are probably happy that process is done, or almost done. So now what? Some of you will shelve the budget until you go through the

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Higher Section 179 Expensing Limit is Made Permanent

By Anna Masker In standard23rd December, 2015 Higher Section 179 Expensing Limit is Made Permanent

Thanks to Nick Sarinelli of Nisivoccia & Company for being this month’s guest blogger! The 2015 PATH Act modifies and makes permanent the Section 179 expensing limit In what is easily the most positive tax legislative action taken for small business in the past several years, Congress recently made permanent the $500,000 Section 179 expensing

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Meh. Here’s Our Obligatory Year-End Checklist:

By Anna Masker In standard17th December, 2015 Meh. Here’s Our Obligatory Year-End Checklist:

Why is it at the end of every year everyone puts out a checklist of items they need to do before the new year begins?  Are we not more creative than that? Bah humbug.  Checklists are boring!   Let’s call it something different… the “Year-End Wrap Up”.   Yes—that’s it! Ok, it’s really a checklist, but humor

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Tis the season for… Post Mortems?

By Anna Masker In standard9th December, 2015 Tis the season for… Post Mortems?

What???  How morbid!  It’s the holiday season—it’s time for parties, and celebrations and gifts– not dead bodies!! Well, actually, it is a good time to do all of the above AND do some post mortems on your business.  What’s a post-mortem?  Webster defines post mortem as the following:   1:  done, occurring, or collected after death (as

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Sandbagger, Beggar, Martyr, Scrooge…and Other Budget-time Personas

By Anna Masker In standard3rd December, 2015 Sandbagger, Beggar, Martyr, Scrooge…and Other Budget-time Personas

It’s December, and I REALLY should be writing about how important it is to set a realistic budget for the new year.  I know I should write about the proper methodologies for deriving the budget, and how it’s critical for business growth… blah, blah, blah. But I just can’t. I can’t because frankly, I’m sitting

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Giving Thanks: The No-Cost Incentive Plan

By Anna Masker In standard25th November, 2015 Giving Thanks: The No-Cost Incentive Plan

In this season of thanks and giving, our thoughts are often turned to family and friends, gift giving and focusing on gratitude. It might be time to take a moment to think about how you thank your other “family–”  the ones you spend most of your time with every day—your employees. It goes without saying

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Wash, Rinse, Repeat. Why SOPs are a critical part of your business’ growth.

By Anna Masker In standard19th November, 2015 Wash, Rinse, Repeat.  Why SOPs are a critical part of your business’ growth.

Wash, Rinse, Repeat. When you use your washing machine you expect it to follow the same process each time you use it.  Your clothes go in dry and dirty and come out wet and washed….every single time. Why can’t that consistency happen with your business? It can with the implementation of documented Standard Operating Procedures,

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5 Proactive Ways to Make Sure You Get Paid

By Anna Masker In standard12th November, 2015 5 Proactive Ways to Make Sure You Get Paid

Cash flow:  it’s the biggest issue most businesses face. It is a huge distraction driven by the unpredictability of the timing of customer payments. Collecting open receivables can be a full time job for some companies depending on the complexity of their invoicing and their customer payment methods and terms.  Unfortunately, many of our clients

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