CFO Source Blog

Do You Need Business Guidance?

September 4, 2018

If you’re running a business, then you probably know what you’re doing. You’ve built your brand up from nothing or carried on a long legacy. However, even the most seasoned business professional needs a little guidance from time to time. The question is: Do you need business guidance? Financial Insights Offer Fresh Perspectives Sometimes, when […]

Understanding a Federal Tax Lien

October 10, 2017

Taxes put stress on everyone, whether it be filing taxes or paying them, the whole process can be stressful for many people. In some cases individuals are unable to pay their taxes, whether it be entirely or in part. In these cases the government can put a lien on your assets, as collateral against the […]

Should I Use an Outsourced CFO

September 14, 2017

If you run a small business, keeping track of the financials can be overwhelming. Couple this with trying to keep up with the day to day tasks your business needs to do to stay relevant and profitable and it gets downright unmanageable at times. In larger corporations a CFO handles the financial side of the […]

QuickBooks for Beginners

August 14, 2017

QuickBooks is an online platform that allows small businesses to manage their finances by offering accounting of income and expenses. QuickBooks is a great tool that can help businesses stay organized and efficient, though not everyone knows how to maximize the benefits of using it. By understanding all of the services QuickBooks has to offer, […]

Where to Start Growing your Company

July 13, 2017

If you run a small business and are looking to expand, it can be hard to know where to begin. By developing a smart business expansion plan, you can save yourself time and money. Being strategic in your business can help you grow while increasing your customer base and increasing your profits. Let’s look at […]

Maryland CPA Services

June 15, 2017

A CPA, or certified public accountant, offers financial services to their clients, from business counseling to tax preparation. Managing your accounts and taxes can quickly become very complex, especially if you own a small business. Hiring a CPA can remove some of the burden and worry from your shoulders and give you peace of mind. […]

How Much Should you Pay Yourself?

April 27, 2017

As a Maryland CFO service, we work with a wide variety of businesses. One of the most common questions we receive from small business owners and start-ups is how much a business owner should pay themselves. Here are some tips to help you figure out the answer. How Much do you Want? When figuring out […]

7 Tips to Maximize Profitability in Your Business

March 27, 2017

When you own a small business, maximizing profitability is essential. Every dollar counts when your business is starting out, so taking steps to ensure you are profiting as much as possible can make or break your business. Here are some ways to maximize profitability. Determine What Adds Value, and What Wastes Resources Carefully analyzing your […]

What is New on my Taxes in 2017?

February 17, 2017

It is that time of the year again: tax time. Every year Americans gear up for tax season starting in January, to be ready to submit their taxes by April. Each year the government releases new tax laws and deductions, often making tax time more complicated and confusing for people around the United States. But […]

When to Start Your Maryland Tax Preparation

December 21, 2016

As a business owner, you may wonder when to start working on your tax preparation. If you’re like a lot of other business owners, you may even wait until the very last minute to being preparing your taxes. This is a big mistake. The time to start working on your tax preparation is now. When […]

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