What level of supervision does your accounting department need to efficiently and effectively operate?

When you review the bookkeeping procedures in your office, where do you find the chief concern? Do you struggle everyday just to get the basics accomplished? Or maybe it is it at the end of the month, and the reconciliation has discrepancies. Maybe it is a combination of both. When I work with clients, we evaluate the need, intention, and expectation for the accounting department. Outlined are the steps to make that determination. Going through this exercise, allows you to make the best plan for your needs.

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PPP Loan—Is it Time to Ask for Forgiveness?

Many of the businesses, who received the Paycheck Protection Program (PPP) loan in April and May, have spent all of the funds.  Now, they are anxious to get the loan forgiven so they do not need to repay it. However, is this the time to complete the forgiveness form and send it to their banker…or not?   For now, we say “Don’t rush!   It is better to wait until more information is known.”  Here are 5 reasons to wait.

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Think Twice Before Tapping into Your Retirement Savings

New legislation – the CARES Act –permits qualified individuals to take early distributions from their retirement assets, such as their 401(k) or individual retirement account (IRA) — penalty free. The rules – which sunset after 2020 – are designed to help the many cash-strapped Americans who have suffered financially as a result of the coronavirus epidemic. But tapping into your retirement savings has its costs, and there may be better ways to shore up your short-term cash flow.

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Understanding Hospice

Hospice is medical care for those with a terminal illness to live as well as possible for as long as possible, increasing the quality of life.  This care is provided by a team of professionals who address the physical, psychosocial and spiritual distress of both the dying person and their family.  Hospice came to the U.S. in the mid 1970’s and at that time was often used when cancer was the diagnosis.  Today, late stage heart, kidney, or lung disease and many other diagnosed illnesses utilize Hospice care.  There are even facilities for infants, children and adolescents available.

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How to Talk about Race at Work

These are unprecedented times, a viral pandemic colliding with a large social uprising. Our normal, physically and emotionally, is being challenged while working fulltime. The psychological impact of these events and the way it carries over into the workplace cannot be overstated. Leaders seeking to create an inclusive environment must find ways to address these topics. Read More

6 Virtual Presentation Tips

So, you haven’t been able to see your clients for several months – well, in real life anyway?  If you’re like most of us dealing with sales of a product or service, you have become accustomed to some kind of virtual sales or networking meetings.  There are plenty of choices to connect virtually – from Zoom meetings,  GoTo Meetings and MicroSoft Teams to simple video phone chat and FaceTime.   I’m not an expert by any means.  However, I have noticed some things that work well and others to avoid, so I’ll share some tips so you can get the most out of your virtual sales presentations:

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