Most people know that CPAs are known for helping people prepare and file taxes. Small business owners who work with CPA firms probably also know that CPAs are in a great position to help with bookkeeping and accounting as well. If you’re new to business (or have...
Audit
How a Single Audit Works (And Why It Can Actually Benefit Your Organization)
Managing a non-profit on an average day can be challenging enough. Raising funds, managing volunteers, and actually doing the work you’re there to do demands every ounce of your energy. Then there are days that can really test your resolve…days when someone...
Audit vs Review: How to Know the Difference and Which is Right For You
In the last few posts, we’ve been focusing on what it takes to work as a general contractor in the state of Tennessee. (Check out this one on “TN Contractor’s License Renewal Made Easy…” if you’re just getting started.) One of the big steps in that process is...
How To Raise Your Monetary Limit (And Bid On The Bigger Jobs)
Being a contractor in Tennessee can be incredibly rewarding. You get to work on a variety of jobs with a wide range of clients. No two days are ever the same, and it’s great to be able to look back on a completed project and say with pride, “I did that!” But what do...
How to Know When a Reviewed Financial Statement is Better Than an Audit
“Audit” is a word that strikes fear into most small business owners. If it’s from the IRS, it means that the government is taking an extremely careful look into your finances and tax reporting. (Your level of participation in the tax process up to that point will...