Blog

SPOTS Syndrome is proof that an organization’s strategic planning process is a waste of time and resources. Too many business’ strategic plans are still hit by ‘Strategic Plans On Top Shelf’ or SPOTS Syndrome. Here we look at three key areas that continue to foil strategic planning if not dealt... Read more

Many surprises could arise from now until next April 15, including life changes and new tax laws. Right now is the best time to create a system that better organizes your taxes and gets you a head start on next year’s filing. IRS offers some handy advice on how to... Read more

Pay IRS now if you still owe taxes If you still owe taxes and missed the April 15 deadline for filing and payment, you could be incurring interest and late penalties as you read this. File and pay the IRS pronto! If you file your federal tax return late and... Read more

Now you want a growth plan? What could go wrong? Here are seven common areas where we regularly see mishaps when businesses try to develop and execute a growth plan: Concentrating resource. A good sales strategy looks at all available resources and concentrates them on a few carefully chosen options.... Read more

Tips for better use of lists, templates, and integrated modules from your Certified QuickBooks Pro Advisors 1. Sense-check your QuickBooks reporting set up If the data presented in your QuickBooks reporting doesn’t make sense or is erroneous, seek our professional help in fine-tuning and correcting it. 2. Properly understand the... Read more

Like so many things in life, the tax-filing process has become less ‘human’ and more automated. That means all you need to do is type one key wrong on your computer, and you could be an IRS person of interest. And, with the increase of ‘robo-audits,’ it’s becoming more important... Read more

While most business owners may find it hard to come up with new ideas, there is really no excuse for having a poor business plan. During the early days of your startup journey, you should be able to do two things better than anything else: 1) give a straightforward and... Read more

For most of us, tax season means taking that annual trip to ‘the abyss’ That place where filing cabinets, storage containers and even shoeboxes overflow with dusty receipts, insurance records and old tax returns. Considering the sheer volume of record-keeping required by individuals and business owners, here are four tips... Read more

You probably have the basics down already, but did you know you can click these 10 things on the QuickBooks home page and be even more productive? QuickBooks logo Why it’s useful: one click takes you back to the home page, no matter where you are. Welcome Guide Why it’s useful:... Read more

With a few weeks left before the April 15 tax filing deadline, it’s that dreaded time of year for those who’d rather give the task of preparing their taxes onto someone else. If you’re one of the 60% of tax filers who plan to hand over your tax affairs to... Read more

We all want to stay focused on our goals, but that can be hard with all of life’s twists and turns. With all of your professional and personal demands, you might feel like you don’t have enough time to relax, have fun or plan for the future. Before long, your... Read more

6 tips to help you understand, evaluate and take advantage of your SWOT analysis when applying it to the growth plan of your business. The use of SWOT Analysis allows you to identify the strengths of your business, minimize its weaknesses, take advantage of opportunities and overcome threats. It helps... Read more

Searching for the perfect business partner isn’t easy. But if you are lucky enough to find a good match, the rewards can be great. Sometimes, sharing the burden of doing business can make a lot of sense, but is it worth giving up your autonomy for a share in your... Read more

We all have to set goals for our business. And some ways of doing this are better than others, certainly when it comes to achieving results. Here we’ve picked seven of the best: 1. Ask yourself, “What do I really want?” When it comes down to it, if the goals... Read more

Tax Tips: How to prepare your business for tax season With the April 15 personal tax deadline looming, businesses have until March 15 to file. Luckily, there are many ways to prepare to get you and your business ready for this tax season. Here’s some tax tips from Williams &... Read more

The old system of accounting is really boring. If you are like most small business owners each month you ‘transact’ (making it, buying it and selling it) through a manual system, a spreadsheet, a timesheet, a cash register and/or a receipt or quote book. Then progressively through the month (or... Read more

Knowledge is power, but what if you don’t have time to find out what you need to know about how to save on your taxes? Williams & Kunkel, CPAs, LLP offers the following tax strategies that could truly help you and your family this tax season: 1. Take tax deductions... Read more

Cloud accounting is rapidly becoming the norm for how operators financially manage their businesses. If you haven’t yet made the switch or even taken a look at a cloud accounting solution for your business, then we’ve broken it down into some key questions you should consider: As a small business... Read more

Bill Beatty at Telephone Services, Inc. talks about his accounting, payroll and more. Bill Beatty was working as VP at Telephone Services, Inc. (TSI) in Lewisville when the business came up for sale in 2005, and he jumped at the chance to own it. After all, how hard could it... Read more