2021: 1st Quarter Down
1st Quarter 2021: The month of April means we are already a quarter into the year. A quarter into the bookkeeping and financials of your business. So, what do you do if you are an...
Read MoreCategory Archives: General
Is Your CPA Too “Old School”? – Do Modern Accountants Exist?
Technology is ever evolving and constantly improving, especially in the accounting industry. It can even be hard for someone who is used to keeping up with change to adapt, let alone someone who struggles with...
Read MoreApril 15th, 2021 Should Still Be on Your Tax Calendar
IRS Filing Deadline Extended As most of you have probably already heard, the IRS has extended the filing deadline for 2020 taxes to May 17th, 2021. While that may be helpful to a lot of...
Read MoreThe American Rescue Plan – What Does This Mean to You Personally
On Thursday, the American Rescue Plan Act was signed into law which makes big changes to the current tax law. These changes are taking affect immediately and will have an impact on both your business...
Read MoreHow A vCFO Prepares for A Podcast Appearance
Getting Started: I have been getting ready for another guest appearance on Clay Clark’s Thrivetime Show Podcast and while doing that, thought I would share my experience with you. The Thrivetime Show Podcast has over...
Read MoreEmployee 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...
Read MorePPP 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...
Read MorevCFO 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...
Read MoreAn 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...
Read MoreTHE EMPLOYEE RETENTION CREDIT: How this tax credit affects YOUR online business
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...
Read MorePPP 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...
Read MorePPP 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...
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