For years, banks have not offered competitive savings rates in deposit accounts. This allows them to make a lot more off of your money. With the current high rate of inflation, saving money in a “savings account” costs you about 4-5% in buying power annually (If you’re even getting a “decent” interest rate.) Compounding this over time, it’s losing you a ton of future buying power. If you’re planning to save your way to retirement, plan on being very poor.
This year’s main stage speakers had some serious clout. Serena Williams, Simon Sinek and Malcolm Gladwell, hosted by Carla Hall. We also got a lot of product updates about what is coming down the pipe and the direction Intuit is taking Quickbooks from the Quickbooks leadership team.
The Basics Bookkeeping is the recording of the financial records of a business in an accounting or bookkeeping system. (For this article, these terms may Continue reading
This blog post is for every business thinking of incorporating or newly incorporated, including the incorporated business that needs a complete corporate record book. Often, Continue reading
The businesses that built a war chest before COVID fared far better than their competitors who didn’t. Having a war chest allows you to invest when needed, attract and keep talent, and weather economic downturns.
Death is a traumatic time for friends and family. The next of kin, legal representative or executor has the added responsibility of dealing with the Continue reading
“Don’t make a mountain out of a molehill” – Unknown In our last article, we discussed the importance of documentation and what good documentation is. Continue reading
“If it is not written down, it does not exist” – Philippe Kruchten One of the biggest challenges business owners face is keeping their information Continue reading
This article is one attendee’s opinion about CPB Ignite 2022.
This blog post will discuss bookkeeping and taxation issues for blockchain-based technologies such as cryptocurrencies. Full disclosure, this technical read is intended for accountants, bookkeepers, Continue reading