Control Accounts: What They Are and Why You Need Them

August 1, 2022 | Accounting Services

If you’re running a business, it’s important to understand accounting concepts well. One key concept is the purpose of control accounts. These special accounts are used to track and report the financial status of specific areas or divisions within a company. But how does this apply to your business? Edgewater CPA Group discusses this and why you need control accounts to manage business finances effectively.

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Why Small Businesses Need a CPA

July 15, 2022 | Carmel

If you’re a small business owner, you know that there are a lot of things to keep track of. You have to manage your finances, keep track of your inventory, and ensure that your customers are happy. However, one thing that many small business owners forget about is getting a CPA. At Edgewater CPA Group, we can help you save money and make more money. But there are so many other reasons small businesses need a CPA.

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Avoid These 3 Costly Small Business Tax Mistakes

July 1, 2022 | Accounting Services

As a small business owner, it’s important to stay on top of your taxes and make sure you’re not making any costly mistakes. If you’re not careful, you could end up paying more in taxes than you need to or even getting audited by the IRS. When you turn to the team at Edgewater CPA Group, we can help mitigate your chances of this happening. Still, let’s look at three common tax mistakes that small business owners often make and how to avoid them.

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3 Small Business Advisors You Need

June 15, 2022 | Controller Services

Starting a small business can be incredibly cumbersome. There are so many things to think about. From the initial planning stages to marketing and sales, to hiring the right team and keeping everything organized. It’s no wonder why so many small businesses fail in their first year! One of the best ways to increase your chances of success is to surround yourself with a strong support network. So, let’s take a look at some of the most important advisors you’ll need before you call Edgewater CPA Group.

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How to Succeed as a Small Business

June 1, 2022 | Accounting Services

Small businesses are the backbone of the American economy. They provide jobs and support local communities. However, starting and running a small business can be challenging. There are many things to consider, from marketing and sales to operations and finance. Edgewater CPA Group‘s clients are always hearing ways their small businesses can fail, so, we wanted to look at ways to succeed. Follow these tips, and you will be well on your way to building a successful company!

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4 Ways to Save On Small Business Taxes

May 15, 2022 | Business Tax Strategy

As a small business owner, you’re probably always looking for ways to save money. One of the best ways to do this is by reducing your tax bill. Many tax deductions and credits are available to small businesses, and Edgewater CPA Group can help you navigate it all. So, let’s discuss five of the best ways to save on your small business taxes.

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Signs It’s Time to Hire a Bookkeeper

April 15, 2022 | Bookkeeping Services

Are you a small business owner who is feeling overwhelmed by bookkeeping tasks? Are you struggling to keep track of your expenses and income? If so, you may need to hire a bookkeeper. A good bookkeeper can help you get your finances in order and ensure that your business is running smoothly. In addition to feeling anxious about your bookkeeping, here are three signs it’s time to call Edgewater CPA Group.

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How to Hire the Best CPA: Part Two

December 27, 2021 | Carmel

Hiring a CPA is a significant decision no matter whether you do so for personal or business reasons. Thus, it’s not something to take lightly. In our last blog, we started by explaining essential factors to consider when you want to hire the best CPA. In this article, Edgewater CPA Group concludes the list. Keep reading to dive deeper into the list, and round out your CPA hiring knowledge. 

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How to Hire the Best CPA: Part One

December 13, 2021 | Accounting Services

Hiring the best CPA to meet your needs saves you money, minimizes risk exposure, and provides peace of mind. It’s a crucial decision for individuals and entrepreneurs alike. Therefore, it’s wise to consider what factors deliver the best possible outcomes when it comes to making the best decision. In this article, which is the first of a two-part series, Edgewater CPA Group tackles the topic. Keep reading to learn how to hire the best CPA. 

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