NEWS

Firm announcements and updates.

Category: News

Do You Know How To Read Your Company’s Financial Statements?

As a business owner, board member or high-level executive, it is important that you understand how to read the financial statements, and know what they are telling you. Financial Statements are essentially a report card for the business and they will tell you how much money is in the bank, who owes you money, and what bills are coming due. The financial statements also tell you how much debt is owed, along with how profitable the company is. Read further to learn more about financial statements.

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Midyear Financial Checkup

It’s hard to believe that we are already halfway through the year. With that being said, there are some important financials items you should checkup on, as a lot may have changed since January 1st. Below are a list of 4 actions you should think about and make changes to if necessary.

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Wonder What Your Money is Being Spent On?

Ever ask yourself: Where is all of my money going? You might be surprised once you sit down and map out what you spend in a month. On a weekly occurrence, you may think it’s fine to eat out or grab a coffee on the way into work, however if you add up the amount you spent on eating out or coffee in a month, the total amount might surprise you.

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Ready to Grow your Small Business?

Are you starting a business and realize you are in over your head with accounting questions? Have you been in business for a couple of years but realize your business is starting to get bigger, and in turn you have more questions? 

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New W-4 Form Effective 1-1-2020

Effective January 1st, 2020, there will be a new W-4 Form designed to be more transparent and will ask more straightforward questions, according to the Treasury Department. The Internal Revenue Service is currently redesigning the W-4 Form, which determines how much tax employers take out of your paycheck.

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Remote Accounting Services

With the advancement of technology, more and more companies are able to work remotely. CFO 4 Your Biz has several out of state clients and they are receiving the same great service and benefits as they would if they were located here. Read more to find out how our remote services could help you.

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Money Management

Although CFO 4 Your Biz primarily deals with businesses, we do advise individuals on a variety of topics. One question individuals ask us frequently is how can they manage their money better. Below are some generic Money Management suggestions. Please note, although these generalities apply to most people, each individual is different and they need to look at their specific situation to evaluate the best approach for them.

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Tax Planning for 2019

Most people have filed their 2018 tax return and are thinking about 2019 tax planning. If you were not already aware, check out the article and read more about the tax changes from Fidelity.

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