The roller coaster ride of the Cares Act, and more particularly, the Paycheck Protection Program (PPP) has ended abruptly. You’ve received the funds in your bank account, and now you want to know… what do I do now? Many of you are worried about qualifying for the maximum amount of loan forgiveness, but unfortunately, we… Read More I’ve been funded! Now what…?
The Covid-19 pandemic is wreaking havoc on the economy and leaving economic devastation in its wake. Actions taken now will determine whether your business will survive tomorrow…. The initial reaction to a business crisis is one of Shock. Many business owners are totally paralyzed by the upheaval… Read More The Business Game Plan for Life After Covid-19
You may have noticed that Say Bookkeeping has been going through some changes… As a matter of fact, we have merged with Helen Kakouris, CPA and Founder of an outsourced CFO firm based in Miami, Florida. Rebranding as Varo Team, the new firm will continue to offer the same excellent bookkeeping and accounting services you… Read More Say Bookkeeping is now Varo Team!
These past couple of weeks have been riddled with uncertainty, volatility, and general anxiety for business leaders and their employees. News is moving at light speed and government requirements being imposed to protect public health are testing the resiliency of many businesses. We are all being asked to practice “social distancing” which means working from… Read More Varo Team Offers Support to Businesses Dealing with the Impacts of Coronavirus (COVID-19)
If you are a new small-business owner, maintaining control of your finances can be daunting. There is so much you must do already; collect piles of paperwork from your employees;withhold federal, state, and local income taxes; set aside Social Security, Medicare, unemployment, and worker’s compensation funds; and pay your business’s taxes to the appropriate agencies—all the while keeping them separate from your own. But you’ve got this…right? Except the Internal Revenue Service imposes gargantuan fines… Read More What New Small-Business Owners Ought to Know About 2019 Taxes
What is the difference between bookkeeping and accounting? We often get this question, and it’s an important one for business owners to understand. So we’ve compiled a list of questions associated with this topic to help you understand the difference between the two. Where are they similar? At their core,… Read More Bookkeeping vs. Accounting
Outsourced bookkeeping is sent overseas to people I don’t trust with my small business We’ve all gotten that email. You know the one. A profoundly wealthy and superbly educated prince has been dethroned. He needs your help getting to his vast riches. Which he will selflessly share with you, if you send him your social… Read More 3 Myths About Bookkeeping That Are Ruining Your Small Business
Are you doubting the large financial risk it took to invest in your small business? Do you feel so obligated to your business you’ve given up other things because you think that’s what it takes?When is the last time you knew the exact date of your next windfall? You’re not alone. There are millions of small-business owners, just like you, who gave up their nine-to-five for what… Read More A Case for Hiring a Bookkeeper
Founder and CEO, Giuseppe Salamone, teaching Bookkeeping 101 to a group of small biz owners. Tax season can be an extremely nerve-wracking time, but this does not have to be the case! Starting your tax preparation before December 31st is just one way to prevent stress. Below are 5 tips for surviving tax season. Step… Read More How To Make Tax Season Less Stressful
For many small business owners the sound of the word “audit” can be terrifying. Here are some things to avoid if you want to reduce the likelihood you will be “red flagged” by the IRS. 1. Not Reporting All of Your Income Not reporting your income is possibly the easiest red flag to avoid, but it is… Read More Scared of an Audit? These tips will help calm your nerves…