How You Look At Revenue
Right now you are probably tracking revenue by cash. You get payment from a client, you have some sort of payment processor process it and two days later it’s in your bank account, then your...
Read MoreCategory Archives: Financial Operations
Letting Your Financial Operations Go
We get it. Running and growing a business can be really hard. But letting your books go by the wayside can be detrimental to your business. If you find yourself in this position, you do...
Read MoreWealth Accumulation Plan
Do you have a wealth accumulation plan in place? We aren’t financial advisors; we won’t tell you what crypto to invest in or what stock is doing the best right now. But we are...
Read MoreDeducting Medical Insurance Premiums
Over the last few years, medical insurance premiums – like many other things – have skyrocketed. The fortunate part for entrepreneurs is that those premiums are deductible on your taxes. Any medical insurance premiums...
Read MoreWhen to Hire a Full-Time CFO
“At what revenue level do I want a CFO reviewing my business on a monthly or full-time basis?” This is the type of question we get asked a lot. Many business coaches and business...
Read MoreShort-Term and Long-Term Tax Planning – No More Clickbait Please
At CPA On Fire, we are on the forefront of tax strategies for entrepreneurs. Our accountants have been doing tax planning and strategies for over 25 years, so we are well versed in what it...
Read MoreUnderstanding Your Business Financials
The world is changing quickly and one of the best ways to keep up is by understanding your business financials. Between inflation, wars, and other worldwide affairs, everyone understands that things can change in the...
Read MoreOwner’s Contributions Post Sale
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...
Read MoreBusiness Exit Strategies: What to Consider When Selling Your Business
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...
Read MoreARE YOU READY FOR S-CORP STATUS?
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...
Read MoreHOW OUTSOURCING YOUR FINANCIALS CAN BENEFIT YOUR BUSINESS
As an entrepreneur and business owner, you have a lot on your plate. Growing your business, handling your financials, managing employees and contractors. Finding ways to be more efficient and beneficial to your business is...
Read MoreHOW DO I PAY MYSELF AS AN ENTREPRENEUR?
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...
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