Blog

Tips

When you take a close look at people who are successful in their careers and other areas of life, you may think they do not seem that much different from yourself, and you would be right. In fact, what makes some people more successful than others is a very thin line.

Posted March 18, 2022
Business Performance & Valuation

As a business owner who handles many aspects of your company's finances on a regular basis, you already have a reasonable idea as to just how much your business is worth. However, there may be times when you will need to know the worth of your business down to the last penny.

Posted March 10, 2022
Business Exit Plans

Under ordinary circumstances, you would spend several months closing down a business. Unfortunately, the COVID-19 pandemic has made sure these are not ordinary times. As a result, circumstances may have dictated you close your business much faster than normal.

Posted March 4, 2022
Business Tips

When you are facing various types of financial difficulties or are in the midst of undergoing a major financial change in your life, consulting with a CPA you know and trust can make any situation easier.

Posted February 25, 2022
Tips

As the COVID-19 pandemic stretches into 2022, companies and employees are facing unprecedented challenges.

Posted February 17, 2022
Tax Planning

As you look ahead to retirement, one of the most important things is making the maximum contributions to your various retirement plans. In 2022, cost-of-living adjustments have resulted in many popular plans now allowing for increased contributions.

Posted February 9, 2022
Budgeting Tips

Whether you are an individual or perhaps a business owner who used a credit card to get your business up and running, you know how convenient it is to have a card available for making purchases.

Posted February 1, 2022
Business Performance

As prices on various products and services have risen to levels not been in nearly 40 years, consumers and business owners alike are starting to wonder if inflation will be here to stay.

Posted January 27, 2022
Business Performance

As you know by now, the COVID-19 pandemic has resulted in the world's supply chain going haywire. Along with this, it has altered the ability of manufacturers to produce the all-important computer chips that are used in so many things in today's world.

Posted January 19, 2022
Deductions (Loans/Donations)

Did you know that you can make charitable contributions as a business as well as donating as an individual? If not, you’ve been missing out on a great opportunity to get a tax deduction. Of course, if you use a professional CPA you’ve likely already been advised about the benefit of donating. But the tax break is only one aspect of donating.

Posted January 11, 2022

© 2018 Compass Point Accounting, PLLC. All rights reserved.