business finances Archives - Edgewater CPA Group

4 Tips for Managing Business Debt

July 1, 2024 | Accounting Services

As a small business owner, managing debt is often scary and overwhelming, especially as the business grows. However, with the right strategies in place, you can effectively navigate your business debt and ensure financial stability for your company. Below, the CPAs at Edgewater CPA Group give you four tips for managing business debt that will help you stay on top of your finances and make informed decisions. Whether you are struggling with high-interest loans or looking to expand your business while keeping debt under control, these tips will provide valuable insights for your financial management.

5 Benefits of Maintaining Accurate Payroll

June 16, 2024 | Business Development

Running a small business comes with a multitude of responsibilities, and one of the most crucial tasks is managing payroll. Accurate payroll isn’t just about getting your employees paid on time—it’s about ensuring compliance, maintaining trust, and making informed business decisions. Edgewater CPA Group manages the payroll for many small businesses; here are the top five reasons why accurate payroll is critical.

4 Ways to Avoid an IRS Audit

October 16, 2023 | Business Tax Strategy

As a small business owner, do you cringe at the thought of being audited by the IRS? You’re not alone. The prospect of an IRS audit can be frightening, costly, and time-consuming. However, the good news is that there are ways to avoid an IRS audit altogether, and Edgewater CPA Group can help you do just that with proper tax prep.