Court Halts BOI Reporting Requirements for All Businesses
The IRS’s detailed review of ERC claims uncovers significant risks, leading to a continued moratorium, slow processing of lower-risk claims, and a call for filers…
Improving cash flow is always a worthwhile but sometimes nebulous goal for a small business. One way to better define this goal is to divide your cash into two buckets – long-term and short-term.
The short-term bucket is for cash you need to pay expenses over the next 12 months. The long-term bucket is for cash you need to pay expenses in the distant future, beyond the next 12 months.
Another name given to the amount of cash and resources you have available to put in the short-term bucket is working capital.
The Importance of Working Capital
Beyond just being able to pay recurring monthly bills, there are several reasons why having a healthy amount of working capital is important for your business.
Tips for Improving Working Capital
Here are some cash flow management tips for your business as we head into a new year.
Please call if you have questions about how to be better at managing your cash in 2022.
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The IRS’s detailed review of ERC claims uncovers significant risks, leading to a continued moratorium, slow processing of lower-risk claims, and a call for filers…
A tax planning guide for individual income tax planning and family tax planning strategies at 2024 year-end moving into 2025.
A U.S. federal tax planning guide for businesses for tax year 2024, including M&A tax planning and ASC 740 tax planning strategies.
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