Decisions can be one of the hardest parts of owning a business. You might wonder if you made the right decision or if this decision will impact your business in a positive way. You might Read more…
Conversations with new business owners regarding paying themselves wages or hiring employees are often fraught with worry and anxiety. It is why, generally, we advise clients to start paying themselves wages after they’ve been in Read more…
People often tell us that they aren’t sure they could benefit from accounting services. Monthly accounting services could be the difference between your business thriving and your business simply surviving. Every business — large or Read more…
If you’ve recently started a new business, one thing you might have realized is that you need to address the issue of a business bank account. You might ask: “Do I need a business bank Read more…
Are you just starting your own business in the HVAC industry? One of our specialities is taking new businessmen under our wing. We have several clients in the HVAC industry, but recently, we took one Read more…
The Late Night Business Idea It’s 3am and you’re staring at the ceiling. It’s 12pm and you’re eating lunch at your desk while you clean crumbs from your keyboard. It’s 5pm and you’re fighting traffic Read more…
The Questions At Hand It’s a question, even a statement, that we hear often when prospective first-time business owners sit across from us in the blue chairs in our office. It usually starts like Read more…
What happens when you try and file for S-Corp status for tax purposes for your business, but you receive no reply from the IRS? What do you do then? This same situation happened to Read more…
While we provide many payroll services at Shank and Company, CPA, we devised one more tool that has greatly improved the quality of our services: our own payroll program. Randy Shank, President of the Company, Read more…
The backbone of any small business is their payroll system. Payroll determines employee’s wages as well as the amount of income to withhold to pay taxes. Withholding too little results in underpaid taxes and penalties. Read more…