Let’s shine the spotlight on another outstanding employee! 🔦 Introducing Melissa Wood, Operations Manager at internet Accountant! Keep reading to learn more about Melissa. What is the best part of your daily work? The autonomy Why did you want to join the internet Accountant team? I wanted to join the team of badasses! If you could describe your job/daily work in three words, what would they be? Exciting, interesting, and rewarding. Your go-to karaoke song:
#2 How do I choose the right business structure? Starting a business is an exciting endeavor, but one of the first decisions you will need to make is how to structure your business. The structure you choose will have far-reaching implications for your business, such as how you are taxed, what management control you have, how you attract outside investment, and implications when it comes time to sell. In this blog, we’re going to dive
It’s time for another employee spotlight! Introducing Mariela Nguyen, Area Sales Manager at internet Accountant! Keep reading to learn more about Mariela. What is the best part of your daily work? Connecting with people and providing solutions. Why did you want to join the internet Accountant team? To help grow the company by providing superb services to business owners and individuals. If you could describe your job/daily work in three words, what would they be?
#1 How much should I charge for my products or services? As financial professionals who work with many small and mid-sized businesses, we get asked A LOT of questions. In this series, we’re going to tackle some of the most burning questions. First up: how much should you charge for a product or service? Establishing the right market pricing for your products or services in your small business can be intimidating, but read on for
Retirement may seem like a distant event when you’re young and full of energy, but it’s never too early to start thinking about your future. One crucial aspect of preparing for retirement is understanding the various types of retirement savings accounts available to you. Let’s explore the differences between popular accounts such as the 401(k), Roth IRA, Traditional IRA, SEP IRA, Solo 401(k), and 403(b). We will be happy to discuss your financial goals and
The Growing Influence of AI in Business Finances Are you ready to dive into the world of artificial intelligence (AI) and discover how it can assist in the operations and financial management of your business? While new and improved AI-powered tools will continue to be launched, here’s why it’s worth your attention now. AI is a fancy term for smart computer systems that can perform tasks previously requiring human intelligence. While the industry is still
We celebrated the grand opening of our Tampa headquarters with a joyous ribbon-cutting ceremony last week. We even got a celebrity appearance from Mayor Jane Castor (although, we were a little disappointed we didn’t get the key to the city like T-Swift). Thank you to the Tampa Chamber of Commerce and our clients for your unwavering support!
Employee Spotlight And now…For our first employee spotlight, we introduce to you… *cue drum roll 🥁* Sidney Blyn, Marketing Specialist at internet Accountant! Keep reading to learn more about Sidney! What is the best part of your daily work? The best part of daily work is always working on something new. With iA, marketing projects and tasks are different everyday. It always keeps me on my toes with what is next! Why did you want
Have you ever found yourself scratching your head regarding some of the financial acronyms that seem to haunt the business world? Don’t worry; you’re not alone! In this blog, we’re going to unravel the mystery surrounding some commonly used financial jargon, from EBITDA to WOM. So grab a cup of coffee, and let’s dive in! If you have any questions about your business’s finance – and who doesn’t? – just let us know. iA is
internet Accountant had an incredible time with our Dubai team! We enjoyed a fantastic week at the iA office, followed by a fun-filled night of bowling, games, and a delightful dinner with the internet Accountant Team. We even had time to celebrate the birthday of our CEO, Chris Brumlow. We couldn’t be prouder of this group of #badassbookkeepers! Although we were sad to leave, we are already planning to return in November! What are your
Last week was an absolute blast as we threw an epic team meeting at our Tampa HQ! Brace yourself for the thrilling tale of our adventure-filled week. We embarked on a team-building scavenger hunt, diving headfirst into the lively Tampa area, all while forging new bonds and discovering hidden talents. But that’s not all! We carved out precious time to acquaint ourselves with iA processes and dive into riveting discussions about what lies ahead. And
Starting a business can be an exciting and fulfilling journey, but it can also be daunting. One of the key factors that determines the success of a new business is proper financial management. Without sound financial practices, a business can quickly find itself in debt, unable to cover its expenses, and failing. Successfully growing your business isn’t all about increasing sales and exceeding goals. A combination of several factors will generate value and make your
This is pretty obvious, but the IRS defines a business expense as one that is both ordinary and necessary. Every business has expenses, which are subtracted from revenue to determine your profit. Tracking your business expenses may seem like a chore, but it doesn’t have to be! How should you keep track of business expenses? While some people prefer a shoebox, internet Accountant has found that keeping track of both expenses and revenue works best
Is the Desktop Version of QuickBooks Really Being Discontinued? Intuit QuickBooks, developed in 1983, is one of the most popular desktop accounting softwares on the market—and for good reason! It’s easy to understand, intuitive, and doesn’t require business owners to have an accounting degree. QuickBooks Online (QBO) was launched in 2001 to take advantage of cloud technology, with features like automatic updates, collaboration tools, and backup redundancy. Is QuickBooks Desktop going away? No. QuickBooks is
Small Business Budgeting – Best Practices and Tips for Success: As a small business owner, we know you face an endless set of challenges – from operational to financial. At internet Accountant, one of the most intimidating tasks we consistently hear about is budgeting. Figuring out what to include, choosing categories, estimating expenses, and forecasting revenue can be overwhelming, let alone sticking to your budget throughout the year. Creating and maintaining your budget should be
We love tax season – but you probably don’t. Many small-business owners don’t start thinking about filing tax returns until the final days before they are due, while others start early and to get everything filed and out of the way. There’s no right or wrong approach, although we recommend that you start as early as possible. Whether you’ve already filed, just started organizing documents, or haven’t even thought about taxes yet, the team at