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CHOOSING THE RIGHT BUSINESS ENTITY
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August 23, 2021
Ron Parisi
What is a Business Entity? Choosing the right business entity, or legal structure, you operate your business out of is an important decision. Your choice of business entity will impact you in two major areas: tax liability and legal liability. Few choices you make will...
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HOW DO I TAKE CASH OUT OF MY BUSINESS?
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December 06, 2021
Ron Parisi
A few weeks ago, we talked about how to pay yourself as an entrepreneur and business owner. But you might still be asking yourself "how do I take cash out of my business?" If you are finding yourself needing to take other money out of your business, there are some things you will...
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Three Financial Ratios Entrepreneurs Should Monitor
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August 31, 2021
Ron Parisi
Telling a Story with Numbers For a business, numbers and statistics let us make comparisons. They tell us how well the business is doing, they allow us to track year to year progress, and they give comparisons to the competition. They also allow us to ignite our financial growth...
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Growth Ignitor System – Part 2: Accounting
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August 16, 2021
Ron Parisi
Growth Ignitor System: Last week, we gave an overview of our Growth Ignitor System – the 5-part system that we have created at CPA On Fire. We have an extensive background of experience in: Accounting Regulatory Taxes Analytics Personal Wealth We provide unmatched service...
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Tips For Leading A Remote Team
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July 26, 2021
Ron Parisi
COVID-19 brought many challenges for business owners. One of the biggest being adapting to having workers transition to working remotely. While roughly a quarter of employees in the US worked from home in 2019, that number shot up in 2020. A Gallup poll found that 70% of workers ...
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QuickBooks Online Price Increase
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July 12, 2021
Ron Parisi
A few weeks ago, Intuit sent out an email regarding their pricing and promotional changes. We want to keep you apprised of any and all changes that could affect you, so we have outlined the adjustments being made. Depending on your subscription, you could see the increase as soon...
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Child Tax Credit Payments Coming Soon!
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June 28, 2021
Ron Parisi
Beginning on July 15th, the IRS will begin sending out monthly Child Tax Credit payments to those who qualify. You may have received a letter if they have determined you qualify, informing you of the upcoming payments. Many people are unsure of how it all works, so we are going t...
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The History Of CPA On Fire
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June 22, 2021
Ron Parisi
CPA On Fire was founded in December of 2012 by Josh Bauerle. A CPA and licensed financial advisor, Josh wanted to help entrepreneurs increase their profits and minimize their tax liability. As an entrepreneur himself, he knew how the struggles of running your own business....
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The New Biden Tax Plans – Part 3
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June 08, 2021
Ron Parisi
The American Families Plan The last two weeks, we have talked about various tax plans introduced to the public by President Biden. This week we are going to fill you in on the American Families Plan and what that could mean for you. We know how overwhelming tax language c...
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The New Biden Tax Plans – Part 2
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June 01, 2021
Ron Parisi
The Made in America Tax Plan The Made in America Tax Plan was introduced by President Biden at the end of March, along with the American Jobs Plan. Last week, we talked about what the American Jobs Plan contained; this week, we lay out the Made in American Tax Plan. We know tax ...
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The New Biden Tax Plans – Part 1
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May 25, 2021
Ron Parisi
The American Jobs Plan The American Jobs Plan that was introduced by President Joe Biden on March 31, 2021, alongside the Made in America Tax Plan. These plans address infrastructure and tax system reform over the next decade. Shortly after those, President Biden presented the A...
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So You Received Your First Bad Review?
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May 11, 2021
Ron Parisi
When you are a business owner, you have to be prepared for a dissatisfied customer. You can sell the best product or provide the finest service, but you will still have someone who does not like it. So what do you do now that you have received your first bad review? It sta...
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