With more than 26 years in public accounting, Shawn Brubaker, CPA, helps business owners make confident financial decisions at every stage of growth. He is a Certified Public Accountant with extensive experience guiding clients through the business sale process, with a strong focus on tax-efficient exit strategies. Shawn is known for combining technical expertise with practical, real-world advice tailored to each client’s goals.
Having an accountant who is both reliable and skilled at what they do is critical to effectively run your business. When using QuickBooks for your accounting needs, it is also essential to have an accountant who understands the platform and knows how to make the most of its features. There may come a time when …
Continue reading “Changing Accountants: A Smooth Transition”
In the world of accounting and bookkeeping, the chart of accounts is the backbone to accurately track transactions and maintain a clear picture of your business’s finances. This is because the chart of accounts lists each of your business’s account categories and account line items in complete detail. QuickBooks, a leading accounting software, is a …
Continue reading “Elevate Your Business with an Updated Chart of Accounts in QuickBooks”
To effectively manage your business’s finances, it is important to determine what accounting method you are going to use. Two primary methods are cash accounting and accrual accounting. In this article, we will explore the differences between these two methods by analyzing their advantages and disadvantages to help you determine which one best suits your …
Continue reading “Cash vs. Accrual Accounting – Which is Right for Your Business?”
With tax season just around the corner, now is the time to make sure your business’s financial materials are in order to ensure an accurate and timely tax filing experience. Tax season may not be as exciting as launching a new product or landing a big client; however, it is a necessary and important part …
Continue reading “Tackling 2024 Tax Season: A Comprehensive Guide”
Running a small business can give you the independence and creative license you have always wanted for your career. When everything goes according to plan, you earn a living while enjoying your passion. On the flipside, owning a small business can quickly become difficult when you are faced with unanticipated challenges or circumstances. Don’t let …
Continue reading “Avoid These Common Small Business Mistakes”
As a sole practitioner, you are the captain of your own ship. By forging your way independently of others, you have the freedom to chart the trajectory of your small business by pursuing projects that spark your interest. You can act nimbly and with autonomy by developing your own goals. While running a small business …
Continue reading “Financial Management Tips for the Sole Practitioner”
In the blink of an eye, 2023 will be in the rearview mirror. The end of a calendar year and the start of a new one brings annual deadlines and tasks for employers. At the top of the list is preparing W-2 forms for employees. For many small business owners, this can be an overwhelming …
Search online for great places to live in the United States, and Lancaster County consistently tops the list. Lancaster boasts a vibrant small business community grounded in the area’s robust manufacturing, distribution, agriculture and tourism sectors, as well as a rapid growth in the live entertainment and events technology industry. Additionally, Lancaster is steeped in …
Continue reading “Key Questions to Ask When Selecting a Bookkeeping Firm”
From lawn care services to restaurant owners, small businesses play a vital role in Pennsylvania’s economy. In fact, small businesses employ 2.5 million people and account for 99.6% of businesses in the state. Most small business owners know sales tax is part of doing business, but not everyone understands their responsibility for use tax under …
Continue reading “PA Sales and Use Tax: What You Need to Know “
Chances are if you are a small business owner you have heard of the ERC or the Employee Retention Credit. This credit was introduced as part of the 2020 CARES Act as a refundable payroll tax credit for employers to encourage employee retention during the pandemic. Since then, numerous “fly by night” companies popped up solely …
Continue reading “IMPORTANT MESSAGE Do I REALLY Qualify for the ERC?”
©2026, Gift CPAs. All Rights Reserved. Privacy Policy