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What are key benefits of engaging a quality Bookkeeping provider?
As a CPA and former financial statement auditor, I'm biased toward accurate financial information. That said, as a business owner, what are a few of the key benefits for you and your business in engaging with a certified public accountant to maintain your books and records throughout the year? Accurate financial information to evaluate the health of your business - Often times, new business owners gauge the health of their business by the amount of cash in the bank account.
Joe Gregor
May 182 min read
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Gregor Accounting has Partnered with Ramp
It's not often I come across a software service in use by one of my clients that I actually like and adopt for my business. Ramp quickly won a prominent place on my desktop, pinned to my taskbar. At the basic level, Ramp is a credit card provider/expense processor, offering 1.5% cash back on all purchases. Nothing too exciting there. Add instant issuance of virtual cards, AI enabled receipt capture and transaction coding, automatic transaction sync to most major ERP systems a
Joe Gregor
May 123 min read
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What is a typical Bookkeeping service?
Accounting and bookkeeping services can come in all shapes and sizes. We avoid a standard service offering because every business has differences in the way the operate and the involvement of the owners. Our monthly accounting and bookkeeping services can include any or all of the following offerings: Bank and Credit Card transaction Coding - This is the core starting point of bookkeeping, recording your transactional activity in the correct accounts on your balance sheet an
Joe Gregor
May 113 min read
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Post IRS tax deadline, what to do next?
With the annual passing of the April 15th tax deadline, business owners commonly fall into a few categories: Returns are filed, balance paid, quarterly estimated payments are planned, nothing tax related to deal with until later in the year; Taxes are on extension with plans are in place to get everything finished in advance of the extended filing deadline; Tax extension is filed, we have time to figure it; Tax deadline, must have missed the memo. If tax filing season causes
Joe Gregor
Apr 272 min read
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BOIR (Beneficial Ownership Information Report) is all the rage
Beneficial Ownership Information Report or BOIR is the latest governmental requirement impacting all business owners. For us small...
Joe Gregor
Jan 23, 20241 min read
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