28 04, 2022

Exploring Todd Greene, CPA’s New Business Planning Services

By |2022-04-27T21:05:52+00:00April 28, 2022|0 Comments

Are you kicking around the idea of starting your own business? If you are ready to take your idea next-level, start by exploring Todd Greene, CPA’s new business planning services before jumping in the game!

Starting a new business

We get it. Starting a new business can be exciting and thrilling, but it can also be overwhelming. We’ve all heard the old saying, “The devil is in the details.”

That’s why exploring Todd Greene, CPA’s new business planning services should be number one on your to-do list.

A solid foundation

Our team of experts is ready to consider every detail of your proposed business. Then we can begin to help you get organized.

This includes deciding how you want to structure and legally set-up your new business.

We can review and explain the various types of business entities and what each would mean for you and your business in terms of taxes and more.

Strategic tax planning

Again, our experts stay on top of the latest developments and regulations when it comes to new business ventures.

We can help you maximize your profits while minimizing your tax liabilities, for instance.

Setting up accounting services

Start your new business on the right foot when you know we’ve helped you correctly structure important aspects such as payroll, Social Security and insurance from the beginning.

Securing funding

Struggling to secure funding? We can help with that too. From reviewing your business plan to structuring your existing finances, we’ll help you present the information clearly to those who can help you move forward.

Growing your business

Did you know you can incorporate in a state other than your own? We can explain why this might be a good idea—and we can help you expand your business to other geographic areas!

Summary

Finally, exploring Todd Greene, CPA’s new business planning services can help you find short-term solutions with long-term goals in mind. We offer free, confidential consultations for new clients. Call us today at 704.919.3220 to learn more about our new business services and scheduling your consultation.

For more money matters and tax planning, keep reading our blogs!

29 11, 2021

An End-of-Year Checklist for Small Business Accounting

By |2021-12-02T20:07:53+00:00November 29, 2021|0 Comments

Before we know it, another year will be behind us! But there is still time to get a grip on your business finances. In fact, we’re sharing an end-of-year checklist for small business accounting now to help you get organized!

Get your accounts in order.

How organized are your books? The first step is making sure your books are correct, current and ready to go. Additionally, it will help you see who may owe you money and vice versa.

Prepare key financial documents.

To clarify, a few key documents include a balance sheet report, an income statement report and a cash flow report. Together, these reports help you see where you are financially and where you have been.

Plus, these reports can be used to plan for a final push to reach your financial goals for the year, or a jump start for next year’s plan.

Analyze cash flow statements.

Included on our end-of-year checklist for small business accounting is taking a hard look at your business’s cash flow statements. This report shows how your money was spent throughout the year.

By thoroughly reviewing it, you can identify spending trends for the year.

Closely review and understand your finances.

The analyzing continues with the task of reconciling any card statements with your account records. Double check each item, line-by-line, to make sure the statements match your balance sheet.

Gather your tax documents.

Now is a good time to find all of your tax forms such as the 1099-NEC or Form 1096, and W-2 and W-3 forms. Be sure to include your annual or quarterly state and federal payroll returns as well.

Update employee and payroll information.

Now is a good time to conduct an end-of-the-year employee information audit. Connect with your employees and make sure their contact information and addresses are current.

Verify vendor information.

Do the same thing with your vendors and make sure all their information is up to date in your system.

Summary

Finally, contact us to schedule your free consultation! We would be happy to help with your small business accounting year-end needs as well as planning ahead for 2022. For more accounting insights, be sure to check out our other blogs.

29 10, 2021

The Benefits of Using QuickBooks for Your Small Business

By |2021-10-29T16:04:02+00:00October 29, 2021|0 Comments

Opening your own business can be scary. But managing that business doesn’t have to be with the right tools. Luckily, we are here to share the benefits of using QuickBooks for your small business, one tool that we think is a must!

It saves time and money.

First of all, QuickBooks saves time and money. It offers a lot of flexibility when it comes to accounting tasks. It streamlines accounting; therefore, freeing up your time to focus on other things—like growing your business!

You will find software that is focused on small businesses.

QuickBooks is user-friendly. It is customer-oriented, and it helps you better serve your clients in the long run.

QuickBooks is efficient.

Again, there are a ton of options with this software. You can manage payroll, create invoices, time sheets, customized charts and much more.

Plus, there are a ton of helpful shortcuts within the platform.

It gives you access to money management tools.

One of the benefits of using QuickBooks for your small business is better money management. You can track tax due dates, keep up with recurring bill payments and enjoy automated records.

Additionally, you can choose to link your bank account and eliminate the need for statements.

QuickBooks works well with others.

Not only is this software user-friendly, but QuickBooks also integrates easily with other software services. For example, you can import or export data from QuickBooks to Excel (or vice versa) seamlessly.

The platform provides financial security.

For one thing, QuickBooks is constantly evolving and improving. Thus, they are one of the leading software programs in terms of new technology and safety.

Moreover, their data center is continuously monitoring the safety of your assets 24/7. They also use additional security features such as multi-factor authentication and password protected login.

QuickBooks has an automated backup service.

All transactions and financial data are automatically stored. This is another one of the benefits of using QuickBooks for your small business that saves time!

Summary

Finally, another benefit of using QuickBooks for your small business is peace of mind! When QuickBooks is set up correctly from the beginning, it is a tool that ensures efficient money management.

This is where we come in. As members of QuickBooks ProAdvisor® Program, we can help you get started. Step one, contact us to schedule your free consultation. Step two, figuring out which version of QuickBooks is right for you.

For more information about who we are, our services and general financial news, continue to read our blogs!

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