INSIGHTS
Small business financial strategy, without the finance-speak.
Bookkeeping best practices, tax planning that keeps money in your business, payroll compliance, and fractional CFO thinking. The small business accounting blog is written by the team that handles this work for businesses every day, in plain English, without the fluff.
Unlocking Growth: How the New SBA Working Capital Pilot Program Empowers Small Businesses
Empowering Small Businesses with New Financial Tools The Biden-Harris administration has introduced the Working Capital Pilot Program (WCP) through the U.S. Small Business Administration (SBA). This...
The Essential Guide to Debits and Credits in Accounting
Understanding the principles of debits and credits is crucial for anyone involved in accounting. These concepts form the core of the double-entry bookkeeping system, vital for maintaining accurate...
Unlock New Opportunities with the Minnesota PROMISE Act: Grant and Loan Programs Now Open
The Minnesota PROMISE Act is a lifeline for small businesses in the Minneapolis/St. Paul area, offering crucial financial support to those affected by economic and social challenges. Today marks the...
The Sweet Truth: Understanding Minnesota’s Soft Drink Tax
Are you a retailer or restaurant owner in Minnesota, wondering how the state's sales tax applies to your products? Let's explore one fascinating aspect of Minnesota's Department of Revenue...
Best Practices for Tracking Expenses as a Business
The Importance of Expense Tracking Effective expense tracking is crucial for the financial health and growth of any business. Properly managing your expenses ensures you have a clear picture of your...
Tax Trek: Navigating Minnesota’s Seafood & Meat Maze
Attention, Minnesota food vendors! Are you aware of the nuanced tax implications surrounding ready-to-eat meat and seafood sales? Let's delve into a lesser-known aspect of Minnesota's Department of...
Cryptocurrency and Accounting: Embracing the Digital Frontier
The Cryptocurrency Wave: A New Era for Businesses Cryptocurrency, once a niche interest, has surged into mainstream finance. Its decentralized nature and blockchain technology have brought...
Prudent Accountants: Your One-Stop Shop for Comprehensive Accounting Solutions
In the intricate world of accounting and finance, a multitude of roles exist, each with its own vital contributions to organizational success. Yet, these roles can often overlap, sometimes even...
Last Call for Nonprofits: File Your Returns Before It’s Too Late!
As the May 15th deadline approaches swiftly, it’s crucial for nonprofit organizations to ensure that their annual returns are filed and up to date. This blog serves as a final reminder and guide to...
The Secret Sauce: How Minnesota’s 75% Rule Shapes Prepared Food Sales
When it comes to navigating Minnesota's sales tax regulations, understanding the nuances can make a significant difference for businesses, especially those in the food industry. One such aspect that...
Embracing the Future: AI in Accounting and the Power of Personalized Service
In the age of digital transformation, Artificial Intelligence (AI) is rapidly reshaping industries and revolutionizing business operations. In accounting, AI technologies hold immense potential to...
Understanding the FTC’s New Ruling on Noncompetes
The Federal Trade Commission (FTC) has recently issued a ruling that changes the rules for noncompete clauses in employment contracts across the United States. This shift impacts both employers and...
Wondering what any of this looks like for your business?
The articles cover the general principles. Every business has specific details. If you’d like to bring yours to a 30-minute conversation, we’ll listen first, then only recommend what actually fits.
