cpaonfirestg, Author at CPA On Fire

Rest and Relaxation

Entrepreneurs work so hard on a daily basis to run their business. Wearing a multitude of hats, juggling so many different things, it can be easy to let that get overwhelming. So today I want...

The 3 Pillars Of On Fire System

Bookkeeping & Accounting: Every business owner needs to know how their books look. Know your current sales, current profits margins, current net income, profit margins, debt, all of it. Stay on top of these at...

The On Fire System Purpose

Every entrepreneur who has ever been successful has had a strong financial expert assisting them as they grow and scale in their business. That financial expert can help you through the daunting process of massively...

Wealth Accumulation Plan

Do you have a wealth accumulation plan in place? We aren’t financial advisors; we won’t tell you what crypto to invest in or what stock is doing the best right now. But we are...

Second Half of the Year

As we hit the halfway mark on the year, I like to take a look back at several things at CPA On Fire. I would encourage you to do the same with your business. Start...

Tax Estimates for Q2 are Due June 15th

If you are a taxpayer who pays quarterly estimates, 2nd quarter estimate payments are due tomorrow, June 15th. Make sure to pay before or on June 15th to avoid penalties and fees. You can pay...

Deducting Medical Insurance Premiums

Over the last few years, medical insurance premiums – like many other things – have skyrocketed. The fortunate part for entrepreneurs is that those premiums are deductible on your taxes. Any medical insurance premiums...

Giving Yourself Permission

As an entrepreneur who wants to scale, the general rule is to cut all expenses except the absolute necessary. I’m sure you’ve heard it before, and I know you’ll hear it again. Most startup company...

When to Hire a Full-Time CFO

“At what revenue level do I want a CFO reviewing my business on a monthly or full-time basis?” This is the type of question we get asked a lot. Many business coaches and business...

Short-Term and Long-Term Tax Planning – No More Clickbait Please

At CPA On Fire, we are on the forefront of tax strategies for entrepreneurs. Our accountants have been doing tax planning and strategies for over 25 years, so we are well versed in what it...

Understanding Your Business Financials

The world is changing quickly and one of the best ways to keep up is by understanding your business financials. Between inflation, wars, and other worldwide affairs, everyone understands that things can change in the...

Owner’s Contributions Post Sale

A couple months ago, we talked about business sales and exit strategies. We got a lot of positive feedback surrounding that blog and wanted to continue the discussion this week. We get asked a...