Yet again, we had a client who recently came on board and ran into a problem from a prior year. It turns out that their previous bookkeeper made changes to the 2021 books. So when the CPAs filed for 2022, the beginning balances didn’t match. NO! That cannot happen! Fortunately, we had been in this...
Now that November is done, it’s a great time to close out your November books and schedule a meeting with your CPA! This is a perfect opportunity for your tax expert to tell you where you stand and what you are likely to owe for taxes. Assuming your books are clean throughout the year, this...
One of our clients knew in mid-December exactly what their remaining income and expenses would be for 2022. Their account manager, Megan, then used that information to provide them with accurate projected financials for 2022. Result? The client was able to make last-minute decisions on expenses, incentives, and partner distributions well before the holiday break!...