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How Accountants Make Business Owners Money
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April 07, 2023
Ron Parisi
An interesting question that's always been asked of me over the years is, “How does an accountant or a vCFO make money for the Entrepreneur?”. You as an Entrepreneur are always on the cutting edge of what’s new and what’s innovative for your business. Then, looking at the...
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4 Ways To Thrive Through Financial Uncertainty
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March 31, 2023
Ron Parisi
As a business owner, these uncertain times bring you to think about challenges you’re already facing– from sluggish sales, bank failures and missed business opportunities. And all these just because you want to see how everything will play out as we start to see some economic instabilit...
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Appearances? Dont Be The One Not Converting Social Media Success To Financial Success.
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March 24, 2023
Ron Parisi
Online entrepreneurs ask, how will they be certain that they will succeed in business? Difficult question. First step, follow others who are successful! Scenario: When a prospect asks to be a CPA on Fire client, I’m often surprised by the fact that while they have a lot of ...
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How To Be A Cool CEO Of Your Business?
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March 20, 2023
Ron Parisi
All of us would like to be the cool, relaxed CEO of our businesses. But sometimes when we look at the real picture, all we see is a sleep-deprived, stressed-out business owner because of the many tasks we have on our plates. In all honesty, being an entrepreneur is very difficult. We don&...
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Charlie Munger: A Financial Mastermind
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February 17, 2023
Ron Parisi
I’m sure you’ve heard of him: Charlie Munger. The financial mind behind Warren Buffet – one of the most successful self-made billionaires walking the planet. Growing up, I always saw them as the perfect situation where you had an entrepreneurial visionary like Warren Buffet an...
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Second Half Of The Year
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June 30, 2022
Ron Parisi
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 by looking at the following: Take a hard look at the last two years - how far have you come and how far has your company come? Take ...
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Tax Estimates For Q2 Are Due June 15th
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June 14, 2022
Ron Parisi
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 directly through the IRS website with their Direct Pay service, or you can mail in a check with your ...
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Owners Contributions Post Sale
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March 15, 2022
Ron Parisi
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 lot: “What is my role as previous owner after the sale of my business?” Ultimat...
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IRS Problems - Things You Need To Be Aware Of
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February 22, 2022
Ron Parisi
As many are aware, the IRS has been in a constant state of backlog since early 2020. Last year the agency received 119 million phone calls, up from 35 million in a typical year. Ongoing staffing challenges during COVID, the sharp increase in phone calls they have been receiving, alongside the severe...
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Retirement Plans For Entrepreneurs - Which Is Best
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February 08, 2022
Ron Parisi
There are many obstacles to go through as an entrepreneur. Navigating the waters of owning a business can be confusing and discouraging. When it comes to retirement, you might be wondering how that will work when you own a business. The rules are different for self-employed individuals than if you w...
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How To Prepare For Tax Season As An Entrepreneur
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January 25, 2022
Ron Parisi
It’s that time of year again: time to think about your taxes. We know that this topic can be intimidating for anyone, especially an entrepreneur. Lucky for you, we’re here to make this process as easy as it can be. We have compiled a list of things that you should be sure to give to your...
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Small Business Statistics - What You Want To Know
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January 04, 2022
Ron Parisi
When it comes to running a business, there are some statistics you will want to know. Whether you are already an online entrepreneur or just tossing the idea around in your head, you will want to keep these in mind. CPA On Fire is partnered with Reach Reporting and they recently put out a report tha...
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