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Business Exit Strategies: What To Consider When Selling Your Business
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January 11, 2022
Ron Parisi
Today we’re tackling an important question about your business exit strategy. CPA On Fire’s managing member, Ron Parisi, spoke with John Lee Dumas of Entrepreneurs On Fire about this very topic. He dove into EOFire’s assets – their brand, audience, sponsors, email list, and e...
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ARE YOU READY FOR S-CORP STATUS?
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December 20, 2021
Ron Parisi
If you have ever read an article or blog about saving taxes as an online entrepreneur, you’ve heard of the S Corp election. The main benefit of an S Corporation is potentially to save on taxes, in particular on self-employment tax (SE tax). THIS DECISION REQUIRES CAREFUL CONSIDERATION....
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HOW DO I PAY MYSELF AS AN ENTREPRENEUR?
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November 22, 2021
Ron Parisi
Owning a business is a remarkable accomplishment. Being an entrepreneur comes with a large amount of responsibility; specifically, when it comes to your financials. Paying yourself as an entrepreneur is not a complicated topic, but it does need to be done correctly. The structure of your business de...
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Tax Time Is Right Now - Know Your Numbers
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November 09, 2021
Ron Parisi
https://youtu.be/ic9Rwa9D9xs Let's connect!...
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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 impact your busines...
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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 within our business...
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The Hardest Part Of Running A Business
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July 20, 2021
Ron Parisi
As a company who helps entrepreneurs, we are asked a lot about what the hardest part of running a business is. When starting a business, there are a lot of things that can be intimidating to entrepreneurs. A lot of questions can swirl around in your mind about what could go wrong. What do I n...
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THE EMPLOYEE RETENTION CREDIT: How This Tax Credit Affects YOUR Online Business
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January 26, 2021
Ron Parisi
The 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 our community of online entrepreneurs up to date on all the new tax updates and opportunities.&n...
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Why VCFO Services Work For The Growing Online Entrepreneur?
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October 18, 2020
Ron Parisi
Why vCFO services work for the growing online entrepreneur? Operating a business is no easy task. Sometimes the most innovative product or service is not the most successful. The most successful ventures are the most innovative at running their entire operations – including financ...
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