How to Set Financial Goals for Your Small Business in 5 Steps

September 15, 2023 | Accounting Services

The success of any small business depends largely on its ability to set and achieve financial goals. Whether you’re an established business owner or just starting out, having a clear, well-defined set of financial goals is critical to your success. But what exactly are financial goals for your small business, and how do you go about setting them? Edgewater CPA Group is here to guide you.

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Top 5 Traits to Look for in a Payroll or Controller Candidate

September 1, 2023 | Accounting Services

As a business owner looking for the right payroll or controller candidate, it can be daunting to find the right person. You want someone ideal for the job but also for your organization. We’re confident our team here at Edgewater CPA Group is a perfect fit for you. Still, here are the top five traits to look for in a payroll or controller candidate.

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What Do I Need to Know About Self-Employment Taxes?

August 26, 2023 | Business Tax Strategy

For many people, being self-employed represents a dream come true. You can be your own boss, set your own schedule, and do something that you love doing. However, with the freedom of being self-employed comes the responsibility of paying taxes. If you are unsure about how self-employment taxes work, don’t worry, you are not alone. Thankfully, you’ve got the team at Edgewater CPA Group here to help you navigate taxes when you’re self-employed.

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3 Benefits of Having a Dedicated Payroll Specialist

August 12, 2023 | Accounting Services

As a business owner, you have a multitude of tasks that require your attention, and payroll is one of the most important. However, managing payroll is a complex process that can be difficult for business owners without a dedicated payroll specialist. Here are three of the many benefits of having a dedicated payroll specialist from Edgewater CPA Group at your disposal.

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4 Small Business Tax Credits to Take Advantage Of

July 19, 2023 | Business Tax Strategy

Managing your finances can be quite a task for a small business owner. In addition to being responsible for your day-to-day operations, you’re also responsible for staying on top of your business’s finances. One important aspect is understanding the tax code and taking advantage of any tax credits that may apply to you. So, here are just a handful of credits Edgewater CPA Group can help you take advantage of.

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How to Navigate Accounting Duties during a Merger

July 5, 2023 | Accounting Services

A business merger or acquisition can be exciting for both employers and employees. However, for payroll and controller professionals, it can also mean a lot of additional tasks and challenges. As one of the key departments during a merger or acquisition, it’s important to start planning early and be aware of some of the most common hurdles. Below, Edgewater CPA Group shares some tips and best practices for navigating accounting duties during a merger.

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How Record-Keeping Benefits Payroll and Controller Duties

June 15, 2023 | Accounting Services

If you run a business, payroll and accounting must be part of your management responsibilities. When it comes to keeping accurate records, it becomes more critical for both your payroll and controller duties. Record-keeping is crucial for various reasons, including tax prep and growth forecasting. But there are other ways record-keeping benefits payroll and controller duties within your organization, and Edgewater CPA Group is here to explain further.

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The Importance of Bookkeeping for Small Businesses

June 1, 2023 | Bookkeeping Services

Owning a small business is an exciting and fulfilling journey, but it also requires a lot of hard work and attention to detail. One of the most crucial tasks that small business owners should always prioritize is bookkeeping. Bookkeeping may sound like an intimidating task, but it is simply the recording, storing, and organizing of financial transactions. Edgewater CPA Group explains further why you don’t want to skip bookkeeping for small businesses.

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4 Tips for Staying Organized during Tax Season

May 16, 2023 | Business Tax Strategy

Tax season can be a challenge to anyone. From filing deadlines to tracking expenses, managing your taxes can become an added stressor in your already-packed life. When you’re not used to dealing with taxes, it can be overwhelming to try to stay organized during the whole process. Even if you’ve already filed, it’s never too late to get ready for next year. So, here are Edgewater CPA Group‘s top four tips for staying organized during tax season.

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How Payroll Mistakes Affect Employee Morale

May 2, 2023 | Business Development

As a business owner, it’s easy to prioritize your bottom line over everything else. However, when it comes to retaining good workers, it’s important to also consider the impact that payroll mistakes have on employee morale. While errors in payroll may seem like a small issue, they can have significant consequences for your employees and your business. So, Edgewater CPA Group is here to make sure you don’t make those mistakes and keep great employees.

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