Author Archives: udcpas

Estimates vs. Actuals: Was Your 2018 Budget Reasonable?

As the year winds down, business owners can be thankful for the gift of perspective (among other things, we hope). Assuming you created a budget for the calendar year, you should now be able to accurately assess that budget by … Continue reading

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Practice the Fine Art of Inclusion at Your Holiday Gatherings

It’s that time of year, business owners — a time when you’re not only trying to wind down the calendar in profitable fashion, but also preparing year-end financials and contemplating next year’s budget. And amidst all this, you likely have … Continue reading

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Make New Year’s Resolutions to Improve Profitability

Many people scoff at New Year’s resolutions. It’s no mystery why — these self-directed promises to visit the gym regularly or read a book a month tend to quickly fade once the unavoidable busyness of life sets in. But, for … Continue reading

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Dig Out Your Business Plan to Prepare for the Year Ahead

Like many business owners, you probably created a business plan when you launched your company. But, as is also often the case, you may not have looked at it much since then. Now that fall has arrived and year end … Continue reading

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December 2018 Tax Deadlines!

December 11 — Employees who work for tips If you received $20 or more in tips during November, report them to your employer Details December 15 — Corporations Deposit the fourth installment of estimated income tax for 2018 Details December 15 — Social security, Medicare, … Continue reading

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Fun Fact: How an Accountant Shaped a Major Soft Drink’s Brand

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3 Reasons Why Selling Price isn’t Necessarily a Cash-Equivalent Value

The saying “a bird in the hand is worth two in the bush” rings true when evaluating the time value of money. That is, depending on an investment’s risk and payout period, $1 paid out today could be worth more … Continue reading

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