by Admin | Feb 7, 2025 | Tax Audit, Taxes
With the overwhelming news and outbreak of the COVID-19 pandemic, the deadline to pay your taxes has been extended by 90 extra days. It is a much-needed sigh of relief as health and financial uncertainty mounts. With the help of your local McAllen CPA, Abigail Y....
by Admin | Feb 7, 2025 | financial tips, Small Business, z
Many small business owners perform reviews at the start or end of the year. However, checking your progress halfway through your fiscal year may help you notice and resolve problems within your systems, processes, or products. A mid-year review allows you to take...
by Admin | Feb 7, 2025 | financial tips, Taxes, Virtual CFO
Prior to COVID-19, business owners were already working with their financial teams to help prepare the company for uncertainty. Specifically, the business’s CFO takes on a role that ensures that your business will be able to weather unexpected events. Today,...
by Admin | Feb 7, 2025 | Accounting Standard
In order to help meet the needs of U.S. citizens in this difficult time, the U.S. government has passed a relief package and put in place certain rules and regulations that guide how businesses should or can react to the COVID-19 crisis. Changes in bureaucracy and...
by Admin | Feb 7, 2025 | Taxes
When it comes to running a small business, strong cash flow is crucial. Business owners tend to underestimate how important managing cash flow is for their business’s success. Your cash flow helps you monitor and understand your business’s liquidity, flexibility, and...