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Cash flow is the heartbeat of every business. Whether you are running a startup, a family-owned company, or a growing enterprise, maintaining a healthy cash flow is essential to your survival and growth. Yet, for many small business owners, managing cash flow feels like a constant uphill battle. Late payments from customers, rising costs of …
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Taxes can be complex, and understanding how dependents affect taxes is crucial for maximizing your tax benefits. Whether you have children, elderly parents, or other qualifying individuals as dependents, they can significantly impact your income tax return. Knowing the ins and outs of dependent-related tax rules can help you plan better for tax season, from …
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In today’s dynamic and competitive job market, retaining talented employees is essential for the success of any business. An effective way to achieve higher retention rates is through the strategic use of employee bonuses. Employee bonuses not only recognize and reward hard work and dedication, but also cultivate a company culture of engagement and loyalty. …
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Wherever you are in the Harrisburg region, and whatever makes your small business thrive, QuickBooks offers surprising tools that can help you improve your processes and save you valuable time and effort. After all, the more time you can spend focusing on running and growing your business the better. Let QuickBooks do the heavy lifting …
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Harrisburg is ranked by U.S. News and World Report as the best city to live in Pennsylvania and one of the best places to live in the United States. As reported in PennLive, a place has to be a desirable place to live, have a strong job market and a high quality of life to …
Continue reading “3 Ways Our Bookkeepers are Especially Equipped to Serve Harrisburg Businesses”
Good news! Your small business is thriving. But unfortunately, your success is leaving less time to keep up with day-to-day bookkeeping tasks such as sending invoices, posting payments and processing expenses. Instead, you are spending more time – every week and sometimes every day – handling financial responsibilities rather than focusing on aspects of your …
Continue reading “4 Huge Mistakes to Avoid When Choosing a Bookkeeping Service”
Small businesses often start when a passion is transformed into a company. An auto service shop may be established because of an owner’s love of cars. A restaurant may open because of an owner’s enthusiasm for a particular cuisine. Business owners are motivated by turning their passions into profit. However, day-to-day financial responsibilities — including …
Continue reading “Five Money Making Benefits Of Outsourcing Account Services (#3 Will Blow Your Mind!)”
Harrisburg, PA — Gift CPAs, a leading small business accounting and advisory firm headquartered in Mechanicsburg, is pleased to announce the expansion of its Harrisburg office location with the acquisition of CLN Accounting LLC, which has been serving Harrisburg and the surrounding communities since 1988. “I am pleased to welcome Alan Ceperich and his experienced …
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Big changes are coming to retirement saving rules and tax breaks because of the SECURE 2.0 Act of 2022.
The Internal Revenue Service published Announcement 2022-13 on June 9, 2022, increasing the optional standard mileage rate for business use of employees’ automobiles from 58.5 cents per mile to 62.5 cents per mile for the final six months of 2022. Beginning July 1, 2022, and ending December 31, 2022, the new rate will be in …
Continue reading “IRS Increases Standard Mileage Rate for Final Half of 2022”