Small businesses need the right financial advice to continue growing, yet are often at a disadvantage because many cannot afford a full-time Chief Financial Officer (CFO). If your business is one of them, perhaps a virtual, partial CFO or vCFO…
Not all businesses have the same needs when it comes to Accounts Payable or Receivable. All have the opportunity to streamline these processes to save time and money. Innovative cloud technology is giving businesses (of all sizes) the ability to…
The Safe Harbor 401(k) Plan is a great option for your small business. When it comes to setting up a retirement plan for your business, the options are endless. You should choose a plan that not only suits your business…
Did you know that unemployment compensation is taxable? If you received unemployment benefits this year, then it is reportable on your 2020 Federal income tax return. This includes special unemployment compensation granted under the CARES Act earlier this year. To…
Have you ever heard of Economic Nexus or Nexus Sales Tax? Nexus Sales Tax is the requirement for businesses to collect sales tax in states they are selling to. If you are an online business based out of Phoenix, keep…
Did you know that 82% of small businesses go out of business due to cash flow issues? Cash flow management is especially important to small businesses because they don’t typically have a huge buffer zone when it comes to finances.…
Tucson, AZ – August 6, 2020 – MOD Ventures, LLC, announces the promotion of Nicole Freeman to Client Accounting Specialist Coordinator. This position serves to support the firm’s strategic plan to expand our high-level consultative services and strengthen the team’s…
On Saturday, August 8, President Trump signed an executive order to help Americans get back on their feet and stimulate the economy. Part of this executive order will delay Federal payroll tax. The constitutionality of this order is expected to…
Are you ready for some Mid-year tax planning? It’s important to have your taxes in mind at all parts of the year, but the mid-point is a great time to evaluate everything and see how you’re doing. Mid-year tax planning…
Have you ever heard the phrase, “cash is king?” It’s a popular phrase that goes around the business world meaning cash is everything – the most important part of your business. My question is if cash is king, where is…
