Anderson CPA

Certified Public Accounting Non Profit Accounting, Outsourced CFO, Tax

05/24/2023

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=&cad=rja&uact=8&ved=2ahUKEwi_iNuj3Yz_AhWJjIkEHRPVAK0QxfQBKAB6BAgJEAE&url=https%3A%2F%2Fwww.fool.com%2Fthe-ascent%2Fsmall-business%2Faccounting%2Farticles%2Ffund-accounting%2F&usg=AOvVaw0g_oig25MgIgPmjldzRX51

Fund accounting is used by entities to properly account for funds received from various sources. The Ascent goes through how fund accounting works.

03/04/2023

https://www.accountingtoday.com/news/inflation-makes-it-seem-small-businesses-are-growing-but-report-says-otherwise

Xero report provides insights on U.S. small businesses' economic performance and debunks misleading numbers caused by inflation.

03/03/2023

https://www.businesswire.com/news/home/20221202005407/en/New-Survey-Finds-Small-Business-Owners-Lack-Resources-for-Handling-Tax-Credits

Omega Accounting Solutions released the results of a survey finding that business owners lack resources for handling Employee Retention Tax Credits.

03/02/2023

https://www.cbia.com/news/small-business/five-year-end-tax-strategies/

Whittlesey advisors offer employers a number of steps they can take to take advantage of year-end tax strategies.

03/01/2023

https://www.forbes.com/advisor/business/small-business-bookkeeping/

Bookkeeping is the process of tracking income and expenses in your business. It lets you know how you’re doing with cash flow and how your business is doing overall. Staying on top of your bookkeeping is important so that you don’t have unexpected realizations about account balances and expenses...

02/28/2023

https://www.bbc.com/news/business-62894499

Start-up rates surged during the pandemic. Will it last?

02/27/2023

https://www.cpapracticeadvisor.com/2022/11/17/60-of-small-businesses-are-adopting-cash-flow-tools/73471/

The survey data illustrates the importance of the holidays for small businesses—especially this year.

02/26/2023

https://news.bloombergtax.com/tax-insights-and-commentary/small-accounting-firms-may-face-challenges-but-offer-many-benefits

Small accounting firms come with their own set of challenges, but unlike with big firms, continued growth isn’t always a primary objective. Shaynaco LLC’s Shayna Chapman looks at the benefits that come with being a small firm in terms of control, flexibility, and culture.

02/25/2023

https://www.journalofaccountancy.com/news/2022/jun/hiring-family-members-small-business.html

Employing children and other relatives in a family business can yield tax advantages, but there are potential drawbacks to consider.

02/24/2023

https://www.accountingtoday.com/opinion/small-businesses-can-go-global-but-avoid-these-financial-pitfalls

Looking beyond U.S. borders for growth opportunities isn't for every small business, but many are finding success worldwide.

02/23/2023

https://phys.org/news/2022-12-bad-news-benefits-small-businesses.html

An IRS audit can be a terminal event for a small business, especially if it's found to have underpaid its tax liability. Beyond the direct costs of paying owed taxes, audits impose operational costs that may threaten a company's ability to stay in business, according to a new Texas McCombs study. Bu...

02/22/2023

https://www.forbes.com/advisor/business/best-business-start-little-money/

Whether the economy is slow, inflation is high or a recession is in full swing, you may be looking to make some extra cash. You may find some of the best businesses to start with little money are easier to get going than you think. For less than $1,000, you could have a side hustle that can help off

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