4 Tips for Calculating Payroll for Commissions

May 15, 2024 | Accounting Services

Calculating payroll for commissions can be a challenging task for many Indiana business owners. However, with the right tips from Edgewater CPA Group, you can streamline the process and ensure accuracy in your payroll calculations. Let’s discuss how you can accurately calculate payroll for commissions, making the process much easier for your business.

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The Ultimate Guide to Payroll Compliance

May 1, 2024 | Accounting Services

As a small business owner, managing payroll can be daunting. Not only do you have to ensure that your employees are paid accurately and on time, but you also need to navigate the complex world of payroll compliance. Failure to comply with payroll regulations can result in hefty fines that could jeopardize your business’s future. But fear not; this ultimate payroll compliance guide from Edgewater CPA Group provides you with the information you need to stay on top of your payroll obligations.

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Mastering the Art of Wise Business Decisions

April 15, 2024 | Business Development

Making wise business decisions is crucial for the success and growth of any company. As a business owner, you may find yourself faced with tough choices that could significantly impact your bottom line. That’s where the expertise of Edgewater CPA Group comes in. With their years of experience and in-depth knowledge of financial strategies and business growth, we can help guide you toward making smart decisions that will benefit your business in the long run. Keep reading to learn more.

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5 Tips for Using AI Responsibly in Accounting

April 1, 2024 | Business Tax Strategy

Artificial Intelligence (AI) has become a game-changer in various industries, including accounting. Many business owners are curious about how they can leverage AI to streamline their accounting processes and improve efficiency. However, using AI in accounting requires careful consideration and responsible implementation to ensure accurate results and data security. Below, you’ll find five tips from the accounting experts at Edgewater CPA Group on how to use AI responsibly in accounting.

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Understanding the Cash Conversion Cycle

March 4, 2024 | Business Development

As a small business owner, managing cash flow is crucial to the success of your business growth. One important aspect of cash flow management is understanding the cash conversion cycle. The cash conversion cycle is a key metric that measures how long it takes for a company to convert its investments in inventory back into cash. Edgewater CPA Group is here to help you understand how this cycle works.

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3 Common Payroll Tax Issues

March 1, 2024 | Accounting Services

As a business owner, managing payroll is tricky and time-consuming. From ensuring accurate calculations to staying compliant with tax laws, many potential pitfalls can arise when handling payroll in-house. Edgewater CPA Group helps businesses of all sizes handle their payroll. So, here are three of the most common payroll tax issues all business owners should know to avoid hefty tax penalties.

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Know Your Financial Compliance & Reporting Obligations

February 16, 2024 | Accounting Services

As a small business owner, navigating the maze of financial compliance and reporting can be frustrating. Yet these obligations are integral to your company’s smooth operation and legal fidelity. If you’re curious about your financial compliance and reporting obligations, Edgewater CPA Group is here for you and your accounting needs.

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Leveraging Bookkeeping Services for Business Growth

February 2, 2024 | Bookkeeping Services

Managing the financials of your business is just as critical as delivering outstanding service to your customers. Accurate bookkeeping not only serves as the foundation for making informed financial decisions but also streamlines operations for business growth. But how can that be? Edgewater CPA Group walks you through how timely bookkeeping is pivotal for your business and how it aids in informed decision-making, ensures tax compliance, and ultimately contributes to your business’s overall success.

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What You Need to Know about the BOI

January 17, 2024 | Business Development

As a business owner, staying abreast of new information and reports relevant to your industry can be a challenge. One such report recently released is the BOI or Business Ownership Information report. As of January 1, 2024, registered businesses like Limited Liability Companies and Corporations must file this report with the Financial Crimes Enforcement Network (FinCEN). We realize you might have questions, so here’s what your friendly accounting experts at Edgewater CPA Group want you to know.

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5 Tax Deadlines Business Owners Should Know

January 3, 2024 | Accounting Services

Tax season is upon us, and it can be daunting as a business owner. But it doesn’t have to be. If you’re operating a business in Indiana, Edgewater CPA Group will walk you through all the important tax deadlines business owners should know.

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