3 Lessons Businesses Can Learn from Nonprofits | Beck CPA's Blog

Whether you are an employee or business owner, we are all looking for ways to excel in our business. The key to excellence is looking outside of your immediate world and adopting practices that other businesses and organizations are doing … Continue reading →

Starting a business can be an exhilarating and complicated experience. While you are excited about the idea of starting your own business, you may be overwhelmed with what you do not know. Rather than trying to go at it alone, … Continue reading →

Many businesses get overwhelmed by the tax preparation process. Uncertain about the documents they will need in order to file, they often scramble around trying to piece together various records. What those businesses don’t know is that taxes do not … Continue reading →

Bookkeeping and accounting are terms that are often confused. Even though they have slightly different meanings, they share two basic goals when it comes to a business’ finances: to keep track of your income and expenses, in order to improve … Continue reading →

Nonprofit organizations are the heartbeat of the nation. Without them, many people would go without the help and support they need. Since these organizations receive most of their funding through individual donors and are exempt from paying taxes, nonprofits are … Continue reading →

A company’s biggest security threat does not come in the form of outside sources such as break-ins or malware. More likely than not, it comes from employees inside the company. A lost laptop containing confidential company and employee information or … Continue reading →

Does the idea of a tax audit cause you to lose sleep? Are you worried that you will be unprepared for a tax audit when it comes? Does your staff show signs of anxiety in anticipation for the auditors to … Continue reading →

1. Lack of basic financial information. The main pitfall of companies is that financial information is not shared in a timely manner throughout the organization. For information to be valuable, it must be shared within a realistic time frame. More often than not, … Continue reading →

While it may not seem to be the most important task on your radar, budgeting is crucial to financial success and stability within your business. According to recent research, many business owners refer only to their bank statements to track cash flow … Continue reading →