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Everything You Need to Know About the Expanded ERTC

The employee retention tax credit (ERTC) is intended to provide liquidity to employers during the pandemic and was greatly expanded in the Consolidated Appropriations Act of 2021 thanks to Sections 206 and 207 of the Taxpayer Certainty and Disaster Relief Act portion. It opens the doors to more businesses facing significant financial hardship to qualify for and receive this credit. Many changes from the original credit were enacted including an…
accounts receivable kansas city

Top Tips for a Healthy Accounts Receivable

The accounts receivable (AR) department in any business can mean the difference between financial life and death. It may not seem that serious on the outset, but highly optimized AR departments can help any business improve their financial situation and make financial decisions with greater confidence; or, in contrast, an unsuccessful AR department can put you at risk of running in the red. The struggle with AR often lies in…
kansas city accounting

Hiring vs Outsourcing Your Accounting

Entrepreneurs and small business owners often wear many hats, especially when first starting a business. As the leader of a business, you have to be the brains and brawn of the entire operation, including human resources, customer service, inventory, production, quality control, sales and accounting. It’s a lot to juggle, and as your business grows, you will start to outsource to professionals or hire for many of these positions so…
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