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Employee Hostage Situations

Employee Hostage Situations

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 an employee due to their knowledge of business...

PPP Loan – We’re Getting Close to the 2 AM Last Call

PPP Loan – We’re Getting Close to the 2 AM Last Call

The 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 2021, they have done some new things with the program to...

vCFO Services: A View From an 11-Year-Old

vCFO Services: A View From an 11-Year-Old

Recently 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 I think you all could learn from.   Accounting is like a football game – except both...

An Accounting Department in A Box

An Accounting Department in A Box

At 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 superior processes when it comes to their business models; just look at...

PPP Round 2: What That Means for Online Businesses

PPP Round 2: What That Means for Online Businesses

With 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 the newest relief bill. If you want a more in-depth look at how the new relief...

PPP Loan Version 2: Video Blog

PPP Loan Version 2: Video Blog

PPP 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 you are interested in connecting with us, click here to schedule a Free Financial Review. You will...

Do You Need to Send a 1099?

Do You Need to Send a 1099?

One 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 that a business owner sends out to both their contractors and the IRS each year,...

Financial Terms Every Entrepreneur Should Know

Financial Terms Every Entrepreneur Should Know

Know 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 are a few terms that every entrepreneur should know....

Three Tips for Staying Productive While Working From Home

Three Tips for Staying Productive While Working From Home

With 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 portion of the year I have the ability to work from home most of the...

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