All Posts By

Mathews CPA

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Why Revolving Credit Is Important for Your Business

By Tax Advice

As a business owner, you have probably bumped up against the fact that you won’t be successful unless you have access to capital. Capital is generated by cash flow from sales and may also come from injections of cash from your personal investments and savings. However, what happens when you have a cash-flow shortage, and you have no more available personal credit, but you still need funds to keep your business going? One way to solve this dilemma is with…

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4 Tips for Hiring the Best Tax Accountant for Your Business

By Tax Advice

Do you think one accountant is just as good as another accountant because they’ve all taken the same exams? The reality is that accountants vary greatly, and when looking for the best tax accounting specialist for your business, you want to avoid picking the wrong one.  Although an accountant needs to understand the tax laws, your tax liability can change based on your current financial position and your strategy for the future. The best CPA is one that understands this….

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How to Improve Your A/R Collections and Increase Your Bottom Line

How to Improve Your A/R Collections and Increase Your Bottom Line

By Business Advice

Debt collections can cost your business resources that, over time, can add up to more than the initial amount owed. However, some steps can be taken to help improve your collection efforts. Examine Your Payment Policy Agreeing to a deal verbally and with a friendly handshake makes the agreement challenging to enforce. Instead, utilize a signed contract for any product or service which will be paid for at a later date. Your payment policy should include the following: The name…

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Why You Should Celebrate Success in Your Business

Why You Should Celebrate Success in Your Business

By Business Advice

Running a small business is much more than a full-time job where you go home at 5:30 p.m. every day. In fact, you may be so busy that you have never stopped to appreciate your business successes, whether large or small. As the New Year approaches, it’s time to take stock of the efforts you and your team have made to create a successful company. Here are six ways to help you celebrate success. Acknowledge Everyone who Deserves it Achievements…

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7 Ways an Accountant Can Help Boost Your Business Growth

7 Ways an Accountant Can Help Boost Your Business Growth

By Business Advice

As a small business owner, you are probably not an expert on accounting issues. Although you may use an accountant for the basics, you may not know that a good accountant can do much more than keep your books and file your taxes. Here are seven ways an accountant can help with your business growth. 1. Tax Planning Expert tax planning advice can help you understand your tax options. An accountant can teach you the best times (or not) to…

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