Are you struggling to pick a niche for your virtual bookkeeping business? I hear so many of my peers asking, “How do I pick the ‘right’ niche?”, or “What is the most profitable niche?” Honestly, until recently, I thought that I had enough of a niche, by specializing in QuickBooks Online. But, after taking some […]
Running a new business through a global shutdown
Perth Bookkeeper Darren Law started his business almost one year ago. We Zoomed in to find out what it’s like to whether a global pandemic when you’re in a new business. FCA: What made you want to start your own business?Darren Law: I’ve worked in small business for over 20 years, to be honest, I […]
Merry JobKeeper!
Some of you may have noticed that Santa has been – in the form of the ATO and JobKeeper reimbursements landing in your account! This is great news and a very welcome bit of cash flow relief for the many businesses who have been funding their employee’s pays for the past 6 weeks, and those […]
‘Very unusual’: Cold Arctic air set to hit Eastern US with record-low temperatures in May
Flowers bud on trees as people walk through the snow in an early spring storm on April 2, 2018 in New York City. Spencer Platt | Getty Images A cold spell is set to hit the Eastern U.S. in the upcoming days, bringing along record-low temperatures in the month of May and frost and snowfall […]
‘Very unusual’: Cold Arctic air set to hit Eastern US with record-low temperatures in May
Flowers bud on trees as people walk through the snow in an early spring storm on April 2, 2018 in New York City. Spencer Platt | Getty Images A cold spell is set to hit the Eastern U.S. in the upcoming days, bringing along record-low temperatures in the month of May and frost and snowfall […]
Thank You Team and Clients
The last six weeks has been the most overwhelming time I have had in the 16 years since I have been in business. The sheer volume of work created by the current situation which has not only significantly increased the time needed to do payroll four-fold but dealing with the almost continuous telephone calls and […]
Essential Checks & Balances for Small Businesses Ways You Can Prevent Fraud
Unfortunately, no company is immune from fraud. When it happens at a small business, where a few employees shoulder numerous responsibilities, the betrayal cuts deep. If someone decides to commit fraud, they may rely on your belief that he/she is a long-time/higher-up/loyal/excellent employee to keep from being detected. Because it’s important to both trust your […]
Tesla tells furloughed workers to expect a week or more of unemployment
Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Tesla braced its furloughed U.S. employees on Friday for at least another week of unemployment, according to a memo obtained by CNBC. The internal communication, from Tesla’s human resources boss, Valerie Capers Workman, followed an expletive-laced outburst by […]
Podcast: Bond Tax Planning in Today’s Environment
In this episode, Bob Keebler, CPA/PFS, interviews Mark Fichtenbaum, CPA, JD, LLM, one of the foremost experts in the country on the taxation of securities, about bond tax planning strategies to consider with your relevant clients during a volatile market with low interest rates: What are the tax planning opportunities when purchasing bonds that are […]
5 Essentials every e-commerce seller should know about sales tax
Many e-commerce sellers can feel overwhelmed when it comes to the topic of sales tax. Understandably so, as the sales tax rules for online sellers have another layer of complexity when compared to sales tax rules for brick and mortar businesses. This is because e-commerce sellers are often selling to people in different states or […]