At Bearden, Stroup & Associates, CPAs, we understand that meticulous bookkeeping is the backbone of financial success. Our dedicated team offers efficient and precise bookkeeping services to help you maintain accurate financial records, make informed decisions, and optimize your financial strategy. Whether you’re a small business, a corporation, or an individual, our experienced professionals are here to ensure your financial transactions are organized and in compliance with regulations. Experience the benefits of streamlined finances with Bearden, Stroup & Associates, CPAs.
Get paid on-time, every time. The best time to follow up on collections? Three months ago. The second-best time? Today. Letting unpaid invoices pile up is like leaving cash in the parking lot—exposed, forgotten, and gone before you know it. The longer you wait, the harder it is to collect. Here’s how to fix it. […]
Tighten Up Your AR Read More »
Starting a new business is like being dropped into a maze—you know there’s a way through, but every turn brings a new challenge. It’s easy to get overwhelmed, so you look for quick wins. Opening a business checking account? That seems like a no-brainer. After all, a bank’s a bank… right? So, you open an
Why the Bank You Choose Matters More Than You Think Read More »
If you’ve ever wondered why one accounting firm charges twice as much as another, you’re not alone. On the surface, it can seem like you’re getting the same thing—a tax return, some bookkeeping, maybe a meeting or two. But dig a little deeper, and the difference in price usually reflects a difference in approach, training,
Why Do Some Accountants Cost More? 5 Hidden Reasons Behind the Price Read More »
Have you ever checked your bank balance and found that it is alarmingly low, and yet your financial statements are still showing a profit? This is a point of frustration and confusion for many business owners . To solve this mystery, you need to understand the difference between cash flow and profit. This article will help you
Understanding the Difference Between Cash Flow and Profit Read More »
Getting audited by the IRS is a HUGE HASSLE that no one wants to deal with. The good news is… by working with a skilled accountant, you can significantly reduce your chances of being audited. From choosing the right tax status to ensuring accurate and compliant return preparation, accountants play a crucial role in protecting
Today we are talking about sending Form 1099-NEC. It seems like a minor detail, but not sending 1099s can lead to serious consequences. As a small business owner, it’s easy to get distracted from sending 1099 forms to vendors and independent contractors. We can help, but we need some info from you as well. Here’s
Why 1099s Aren’t Optional for Small Businesses Read More »
By Elizabeth Stroup As a small business owner, dealing with unemployment claims is something you may eventually face. This article walks through the essential facts that small business owners should know when handling an unemployment claim. Who Qualifies for Unemployment Benefits? Before responding, it’s crucial to understand whether the former employee qualifies for unemployment benefits.
Managing Unemployment Claims: Essential Tips for Small Business Success Read More »
If you’re reading this, chances are you’ve poured your heart and soul into building your company. You’re navigating the challenges of entrepreneurship. But even the most experienced owners can run into trouble, especially when it comes to bookkeeping. In my years as a CPA, I’ve seen plenty of smart, hardworking business owners make the same
The Big 5 Bookkeeping Mistakes You Can’t Afford to Make Read More »
Today, we’re going to simplify two very important financial statements for your business: The Income Statement (also called the Profit and Loss Statement) and the Balance Sheet. If you’re a small business owner, understanding these can make a huge difference in how you manage and grow your company. Imagine you’re on a road trip. You
Demystifying Financial Statements: What Every Small Business Owner Needs to Know Read More »
