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3 Reasons to Move Forward with Automated Payments Technology There’s an old proverb that says, “The cobbler’s kids go barefoot.” Many CPA firms offer great financial management advice to clients, but are slow to act on process changes that can improve the firm’s bottom line. Manual billing and AR processes are recognized pain points for … Read more
Industry News: Expenses paid with 2020 PPP loans can be deducted on 2021 tax returns Expenses paid with 2020 PPP loans can be deducted on 2021 tax returns The IRS announced a safe harbor for certain businesses that received first-round Paycheck Protection Program (PPP) loans but did not deduct any of the original eligible … Read more
3 Tips for a Less Taxing Tax Day This Mental Health Month Tax Day in 2021 coincides with Mental Health Month — and while that’s almost certainly a coincidence, it’s a coincidence that certainly feels apt. This won’t be lost on already under-the-gun tax professionals, for whom the lead-up to the filing … Tax Day … Read more
Are You the Right Tax Professional for That New Client? At the end of the day, building relationships with our clients and helping them succeed is our goal. These are just a few of the ways we like to ensure each client that comes to us is the right fit for their needs and ours. … Read more
3 Workflows that Every Accounting Practice Should Know Every business owner knows that workflows are your company’s map to efficient teamwork and consistently quality results. For this reason, it’s worth your time and energy to make sure you’re getting your workflow right. Ideally, you want an efficient process where all business information can flow smoothly … Read more
Cannabis is Going Mainstream — Is Your Accounting Firm Ready? In December of 2020, the Marijuana Opportunity, Reinvestment, and Expungement Act (MORE Act) passed the House of Representatives — this could lead to massive change for the cannabis industry in upcoming years. Norman, Okla., has more than two dozen cannabis stores within 2 miles of … Read more
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CAMICO Services, Inc. dba CAMICO Insurance Services, CA License #0C09618. CAMICO Mutual Insurance Company, (Rated A- (Excellent) by AM Best) San Mateo, CA, domiciled in California is licensed in all states and the District of Columbia, NAIC #36340. Copyright © 2024 CAMICO. All rights reserved. Website design by StyleSite.