Managing cash flow is one of the biggest challenges involved in running a small business. Thankfully, there are a few secrets you can use to keep the dollars flowing.Read More
Budgeting and forecasting are necessary evils to keep a company on track to meet their short-and long-term goals. Unfortunately, the process can be time-consuming and complicated. As CEO, you will want to make this yearly task move as quickly and painlessly as possible.
These six tips will act as a better way forward when completing your budget and forecast for the coming year.Read More
The cooler weather is hinting that the holidays are right around the corner, which means that the end of the year is upon us. Now is the right time to plan your year-end tax strategy in order to maximize your savings before December 31st!
Below are a variety of tax-saving strategies individuals and/or business owners should consider implementing:Read More
So far this year has been a big growth year for the firm and our team. Since January we have added six staff accountants and one tax manager to our team.Read More
Tags: MKW News
Your accountant is a critical part of your financial team. It is very important for you to have the right one on your team. So how do you know if it is time to get a new accountant?Read More
On Friday, May 1st we joined 350+ business owners at the Milestones in Leadership Summit in Huntington Beach. It was a day full of entrepreneurial energy and great insights from our speaker Cameron Herold.
Below are eight takeaways from Cameron’s presentation. If you didn’t make it this year, we hope you can join us next year.Read More
You most likely started your business because you are really good at something or knew how do something better. Maybe it was product design, marketing, manufacturing, etc. More often than not though, finance is not your strong suit. For many business owners, business finance is an area where they lack clarity and direction; it is even a source of stress and fear.
It Does Not Have to be That Way.Read More
As a CPA I often have the opportunity to review the financial position of many new clients. One of the items that constantly gives me a lot of grief is finding annuities held by new clients in situations that are not appropriate. I always think, had they just given me a call to discuss the pros and cons they would not have gotten themselves locked into the contract that does not fit their current goals or will not be flexible when their circumstances change.
Besides picking out the perfect addition or decoration for your rental property, you also need to think about whether the expense is considered a repair or maintenance type cost or capital improvement expenditure for tax purposes. This is very important because it significantly impacts your tax deductions if you are not in the trade or business of renting properties.Read More
In November, we held our last Financial Coaching to Survive and Thrive training session of the year. We had great sessions in Glendale and Irvine and thoroughly enjoyed the additional information from our guest business brokers.Read More