May 16, 2024
Charles LutwidgeHow To Run Payroll for S Corp?
S Corps have become increasingly popular due to their ability to offer both limited liability protection and pass-through taxation. The entity also has unique advantages in terms of payments. However, these benefits come with specific requirements regarding employee payroll, particularly...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
May 13, 2024
Charles LutwidgeCannabis Accounting: Navigating Medical Marijuana Finances
The U.S. cannabis market is experiencing tremendous growth. According to experts, revenue in 2024 will be $42.98 billion. This growth is expected to continue at a CAGR of 2.89% from 2024 to 2029, resulting in revenue of $42.98 billion by...
April 29, 2024
Charles LutwidgeThe Essentials of Bookkeeping for Consultants
Every consulting firm owner recognizes that maintaining an accurate client billing process and promptly collecting payments are crucial aspects of driving business success. Entrepreneurs aim to deliver exceptional consulting services and foster efficient bookkeeping practices. After all, it’s hard to...
April 22, 2024
Charles LutwidgeEfficient Construction Cash Flow Management: Top Tips
The construction sector is associated with many risks and characteristics. The long operational cycle and the need for free capital are two traits of the construction industry. Usually, firms face financial problems that come from deficits, capital shortages, and negative...
April 18, 2024
Charles LutwidgeAccounting for Plumbers: Streamlining Finances for Plumbing Businesses
As you can imagine, starting a home, commercial, or industrial plumbing business can be challenging. In addition to difficult working conditions, you must deal with long hours, emergency calls, long commutes, strict regulatory requirements, and ongoing training. While customers expect...
April 15, 2024
Charles LutwidgeGas Station Accounting Best Practices
If you launch a gasoline station, you must run two businesses simultaneously. You offer fuel and operate a retail store. How can you keep track of all business processes? This blog post will discuss maintaining gas station accounting, controlling your...
April 11, 2024
Charles LutwidgeWine Accounting: Essential Financial Practices for Wineries
While you work hard to create the perfect wine and bring it to your clients’ glasses, it’s critical to cooperate with an accountant who is able to handle the full range of financial work, from calculating the value of the...
April 08, 2024
Charles LutwidgeBrewery Accounting Best Practices
Sometimes, it seems that every week, a new brewery appears in the United States because the demand for this heady, foamy drink is colossal. Domestic revenues in the U.S. beer market are projected to reach $77.0 billion in 2024, according...