Important Considerations Before Starting a Self-Directed IRA

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It is getting increasingly popular for individuals to use self-directed IRAs to invest in alternative investments—that is, investments in things other than stocks, bonds, CDs and the like. The single most popular alternative investment for self-directed IRAs is real estate. With real estate values continuing to climb, you may be thinking about establishing your own […]

What Is The Corporate Transparency Act (CTA) and Does It Affect You?

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Do you own or advise a corporation, limited liability company (LLC), limited partnership, limited liability partnership, limited liability limited partnership, or business trust? Or are you planning to form one of these entities? If so, be alert. There’s a new federal filing requirement coming. Back in 2021, Congress passed a new law called the Corporate […]

Employees or 1099 Contractors? Avoid IRS Problems with the Voluntary Classification Settlement Program (VCSP).

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You have read horror stories about how the IRS audits business owners and deems their 1099 independent contractors W-2 employees—and then assesses tens (or hundreds) of thousands of dollars in back payroll taxes, interest, and penalties. Are you one of those horror stories? Okay, let’s say you are one of them. You know that you […]

Maximize Your Business Mileage Deduction

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We absolutely, positively don’t like commuting mileage. You should dislike it, too. It’s personal. It’s not deductible. But with knowledge, it’s avoidable. Let’s eliminate commuting and make those trips from your home to your office deductible. The law gives you two ways to eliminate commuting from your home to your outside-the-home office: 1. Make a […]

4 Reasons You Need a Virtual CFO

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Most companies can benefit from the advice and expertise of a Chief Financial Officer. But, for most small and medium businesses, the cost of another full-time addition to the C-Suites just doesn’t make sense. Enter the virtual CFO, a professional from outside the organization who fills the role as needed. Not sure how a virtual […]

Monthly Accounting for Attorneys

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Every month, attorneys have complex accounting to do, and this task can get away from you if you don’t keep up with it or if you don’t have a professional accountant on-staff. An attorney’s monthly accounting includes billing for clients, payroll (weekly or bi-weekly or bi-monthly), and managing their Interest on Lawyers Trust Account (IOLTA), […]

What Are Virtual CFOs and What Do They Do?

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Are you thinking about streamlining some of your financial functions to help trim costs and increase your ROI? Or perhaps you want to hire someone to take care of your accounting and financials so you can focus more on the income-producing aspects of your business but don’t have enough in your budget to employ a […]

Do Ecommerce Businesses Need Accounting Software or a Virtual Accountant?

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Anyone who has launched an e-commerce business from the ground up may not initially understand how complicated finances can become without an accounting strategy in place. The joy of rapid growth and success can turn into confusion and stress if you don’t come up with an accurate, efficient and secure way to reconcile matters including […]

Every Business Needs A Good Accounting and Bookkeeping Service

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It’s often tempting for business owners to attempt to handle their accounting and bookkeeping needs themselves. After all, business owners are accustomed to wearing many hats; why not save money by carrying out your bookkeeping and accounting services yourself? Unfortunately, this “can do” attitude which is essential in so many business areas can lead to serious problems […]

Miami Bookkeeping Services for Small and Medium Size Businesses

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Are you searching for outstanding Miami bookkeeping services? At, we know Florida accounting and tax regulations. We offer professional, customized accounting and bookkeeping services for small and medium size businesses throughout Miami and all other Florida areas. It is our philosophy that small companies, like large ones, should be able to access best-in-class bookkeeping, accounting, consulting and […]

CFO Services Designed To Help Your Business Grow

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Since the 2008 recession small and medium sized businesses have been on the rise. At the same time financial management and breaking even each quarter is still a big concern for many businesses. In this light small businesses should look to save on expenses and leverage productivity. Hiring a full fledged CFO can increase business […]

Three Ways Good Accounting Services Can Save Your Business

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It takes hard work, patience, and sacrifice to get a business off the ground. That effort gets wasted when entrepreneurs try to tackle both the business and financial aspects of their company. This often leads to the bleeding of financial resources that no company can survive. It’s hard to be both a good business owner […]