Cherie Larson
Employee Retention Credit (ERC)
Is your inbox (or spam folder) filled with emails promising refunds of thousands of dollars for retaining employees in 2020 and 2021?...
top of page
Search
Cherie Larson
- 5 days ago
Cash vs. Accrual Accounting
Cash or Accrual Accounting… you may have heard these terms or have even seen them in your accounting software. But what do they really...
Cherie Larson
- Dec 15, 2022
The New 1099-K
LATE BREAKING NEWS...THIS HAS BEEN POSTPONED UNTIL 2023!!! So be proactive as a business owner! Many businesses and individuals will be...
Cherie Larson
- Nov 30, 2022
Sales Tax Reporting
Sales tax is the most confusing tax issue that is a day-to-day concern for small (and large) business owners. Getting sales tax wrong and...
Cherie Larson
- Nov 30, 2022
Time for 1099 Planning
Time for 1099 Planning The IRS needs you ... to make sure others are reporting their income correctly. There can be penalties for your...
Cherie Larson
- Oct 25, 2022
Owner Draws. Distributions. Dividends. Bonuses. Oh My!
Historically, business owners pull money out of their business at year-end. They have many reasons for the timing but often wait to see...
Cherie Larson
- Oct 18, 2022
Year-End Bonuses & Raises
As we head into the final quarter of 2022, many business owners and their employees are wondering about year-end bonuses and raises. This...
Cherie Larson
- Oct 7, 2022
The Truth, the Whole Truth, and Nothing But the Truth.
We hear this phrase on TV courtroom dramas, but it really applies to small business owners preparing their financials and tax returns....
Cherie Larson
- Oct 7, 2022
Prepare for the worst. Hope for the best. IRS Edition.
With the passage of the Inflation Reduction Act, there is new concern that your business could be audited. While the risk of an audit is...
Cherie Larson
- Sep 8, 2022
Software 🤝 Accounting
Most business owners use accounting software to record their transactions. Unfortunately, they often aren’t using all they’re paying for...
Cherie Larson
- Aug 2, 2022
Preparing for Inflation & Recession As a Business Owner
Inflation and recession. Words you hear everywhere right now. Where does this leave you as a business owner? How do you prepare for the...
Cherie Larson
- Jun 29, 2022
Choosing Your Accounting Team
Managing your money as a business owner is important - along with a million other things a small business owner handles. Often, as the...
Cherie Larson
- Jun 13, 2022
Owner Pay & Taxes
One of the least understood aspects of being a small business owner is related to pay and income taxes. Often, this is due to not knowing...
Cherie Larson
- May 17, 2022
Monthly Closing Reports
Questions to ask yourself: Do you hate the flurry of activity to get your business reports to your tax advisor each year? Are you even...
Cherie Larson
- Apr 28, 2022
What can you, as a business owner, do to lessen the blow next year?
As we move into May, many owners are glad. April can be a difficult month for business owners financially. Many business owners have...
Cherie Larson
- Apr 14, 2022
Taxes don’t have to be taxing!
Did your CPA just finish your taxes and ask you to sign? Does it make you cringe a little to sign because you have no idea if it’s really...
Cherie Larson
- Mar 22, 2022
Reviewing Your Balance Sheet: Paint the Full Picture of Your Business
Your financial reports paint a clear picture of your business.
Cherie Larson
- Apr 27, 2021
Finding the Right Type of Accountant
There are multiple types of accountants and specialties, as well as variances in the scope and quality of the work performed.
Cherie Larson
- Apr 22, 2021
Paying Taxes on the Wrong Numbers
Did you know your tax advisor may not go through all of your transactions for the year to ensure accuracy?
Cherie Larson
- Jan 22, 2021
Accounting for PPP and EIDL in Your Business
Last year, many small business owners received loans and grants as relief for the COVID-19 pandemic, and now it's time to account for them.
bottom of page