The Great Debate DIY or Hire a Pro? It’s not a question just for those needing to repair something on the house or replace a car part, but for bookkeeping as well. In business terms, it’s inhouse vs outsource and it will never go away. If you’re not sure bookkeeping is all that necessary, read the previous blog post, Bookkeeping – Is it…
What exactly is bookkeeping? To put it simply and more official sounding, bookkeeping is classifying and recording every business transaction in your books. Your books can be a literal book with pen and paper. Or like most people your books are in a software program like QuickBooks for example. On the surface it seems pretty straight forward, but once you get into classifications along…
As an owner of the business, you need to earn a return on that investment. In the Profit First system, money is placed in a PROFIT account to make sure you’re seeing an ROI. That you’re getting a return for all the risk you are taking on by simply being an owner, whether you work in the day-to-day operations or not. We also use an…
As I’m savoring, ever so quickly and with little discipline, a chocolate egg, I’m reminded of the soundness of the diet and financial principle: Eat veggies first. At the dinner table, by eating your vegetables first, you fill up on the healthy food, leaving you less room to pig out on the bad carbs or desserts. Or chocolate eggs. So, what are the…
Here at Incite tax, we are really big fans of Niching and helping others find niches, because, honestly, it is really profitable! How Is Niching Profitable? Well, that’s simple… When we truly know and understand the types of pain points and issues our clients are facing, we are able to better cater our services to them. Consider us as an example… …
Humans can accomplish amazing things with limited resources — as the Apollo 13 mission taught us. The mission was to land on the moon, but an explosion in one of the oxygen tanks forced the crew to return to Earth as quickly as possible with no moon landing. Losing one oxygen tank meant that at some point before the shuttle made it back to…
Incite Tax & Accounting is a Certified Public Accountant (CPA) firm with offices in Sandy, Utah. With over 10 years of experience handling business taxes for large and small Utah companies, Incite Tax is one of the most qualified business CPA firms in all of Utah. No matter your tax needs, Incite Tax is the firm for the job.
Incite Tax believes in sticking it to the IRS. If you're looking to better your financial situation contact us!
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