Whether or not to use a CPA isn’t always clear-cut. Believe it or not, the question gets asked frequently. At Edgewater CPA Group, we’re experts in accounting and finance. Throughout our time serving customers in the Evansville and Carmel areas, we’ve compiled a compelling list of reasons to hire a CPA. Here are the first ten (the next ten will be covered in the next blog).
Cryptocurrencies are an elusive mythical creature for some, but for others, they are a viable investment strategy that carry a huge gains potential. For the latter, investors tend to assume the higher risk that goes along with the possibility of substantial returns. Fraud does not constitute a major component of risk assessment when it comes to most investments. However, Edgewater CPA Group wants you to know some cryptocurrencies are rife with fraud, and a new term has even been coined: cryptofraud. Here are the top three ways cryptofraud occurs.
The COVID-19 pandemic has changed the way America works. Companies that never would have dreamed of making remote work part of their model are changing their tune. In June of 2020, over 40% of workers were working remotely, and many have continued since then. Working remotely has its pros and cons, especially for companies new to the practice. At Edgewater CPA, we get it – and we’re happy to provide tools, like payroll management, that will make your life easier as a manager. What’s more, here are a few tips on managing your newly remote workforce.