443-487-7733CFO Source Blog
6 Ways You Should be Using QuickBooks for Your Business
May 28, 2015
The question these days is not why to use QuickBooks, but rather how to use it to grow your business and increase your profits. One of the most widely used accounting platforms in the world, Intuit QuickBooks is a powerful software that can make a big difference in your bookkeeping practices when used correctly. As […]
What to Look for in a QuickBooks Training Instructor
April 21, 2015
Accounting software such as QuickBooks is very powerful and complex. It can help propel your business forward if you know what you are doing, or it can hold you back if you don’t. Whether you are switching to QuickBooks from a different platform or think you or your bookkeeper could use some hands-on user knowledge, […]
4 Things to Consider Before Purchasing QuickBooks
March 30, 2015
Whether you are just starting out or have been running your business for a while, you’ve probably heard about QuickBooks’ reputation as the leading accounting software. It’s used by business owners and accountants alike, and our Maryland QuickBooks experts at The CFO Source know everything there is to know about it. We’ve helped many people […]
FYI from Tax Payer Advocate
March 17, 2015
“The new health reform law is causing some filing glitches at IRS after all Thousands of refunds are being held up, the IRS Taxpayer Advocate says, because not all of the state exchanges have sent their data to the Revenue Service. Thus, the agency can’t match the data with returns claiming the premium tax credit. So […]
5 Tips for Choosing Your Maryland Tax Return Preparer
February 26, 2015
Tax season is always a busy time for you as a business owner. Not only do you see an influx of clients who finally decided to act upon their New Year’s resolutions, but you also have to devote time to getting the paperwork for your tax return together. And if you don’t have a tax […]
2015 TAX IMPLICATIONS FOR ALL CLIENTS
February 6, 2015
As you may be aware, the IRS has implemented new regulations surrounding the ownership of so-called “tangible property.” These regulations will affect every business and rental property and require that Form 3115, “Application for Change in Accounting Method,” be filed to indicate that you will follow these regulations and change your method of accounting to […]
2014 Maryland Business Tax Return Changes
January 30, 2015
If your business’s fiscal year corresponds to the calendar year, this means it’s the tax season for you! In Maryland, business tax returns will be processed starting January 9 and you have until April 15th to file your paperwork. Unfortunately, business taxes is one of those tedious tasks that tend to evolve just when you […]
New eBook Release Available: Advanced Techniques for the QuickBooks User
January 2, 2015
CFO Source is proud to be able to now offer their popular training class, “Advanced Techniques for the QuickBooks User” as an eBook to enjoy in your own home or office! We’ve spent years developing the curriculum that we teach our students, but sometimes due to scheduling or cost, it can be difficult to attend […]
Year-end Tax Planning Tips for 2014
December 23, 2014
We are already half-way through the final quarter of the year—this means another tax year is wrapping up for your business. Have you taken any measures to get your business finances in order before the end of 2014? There are a few things you can do to make your taxes more or less predictable, and […]
5 Business Cash Leaks to Eliminate in 2015
November 23, 2014
What’s your New Year’s resolution? How about spending smart and saving money? As your business keeps growing, it becomes more and more difficult to stay on top of the cash flow. Actually, it’s not even cash—the money comes in and out of your bank accounts without any physical contact with your pockets. Software like QuickBooks […]
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