A large reason, that is often overlooked, to outsource your CFO and accounting services is to avoid Employee Hostage Situations. An Employee Hostage Situation is a circumstance where a business is held “hostage” by...
Read MoreThe Paycheck Protection Program (or PPP for short) is a relief program that started in 2020 by the Federal government to aid businesses that were impacted by COVID-19. With the continuation of the virus into...
Read MoreRecently my son came to me and asked what I do for work. Trying to explain the details of accounting to an 11-year-old is a losing battle, so instead I gave him an analogy that...
Read MoreAt CPA On Fire, we provide virtual CFO services for online businesses. There is an aspect to these services that we refer to as An Accounting Department in A Box. All great companies have...
Read MoreThe Employee Retention Credit We are going to keep this week’s blog short – today’s topic of the revised payroll credit is a complex one. One of the jobs at CPA On Fire is to keep...
Read MoreWith the second round of PPP Loans passing, entrepreneurs are curious if they are eligible to receive it. So for this week’s blog, we wanted to give you a quick rundown of the details of...
Read MorePPP Loan Rolling Out for 2021 Ron Parisi is here to give you some updates on the new PPP loan that is being rolled out for the start of 2021. Watch the video below! If...
Read MoreOne of the major questions we are asked by entrepreneurs every year is whether or not they need to send out 1099’s to their contractors. If you are unfamiliar, a 1099 is a tax form...
Read MoreKnow Your Numbers Most entrepreneurs know there are costs involved in running their business, but a lot do not know the difference between certain financial terms involved in their business. To help with that, here...
Read MoreWith great power comes great responsibility... One of my favorite parts of being an entrepreneur is the ability to work from home. During tax season I’m in the office almost daily, but for the other...
Read MoreHopefully by now you have heard of the book Who Not How by Benjamin Hardy and Dan Sullivan. I highly recommend it – we’re sending a copy to all our vCFO clients. I confess to...
Read MoreWhat We Do: We are virtual CFOs for growing online entrepreneurs and businesses. In the first phase of our onboarding, we take complex responsibilities and systematize them for our clients. This takes the burden off...
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