Savage Accountancy Blog
Outsourcing Your Accounting? Do These 5 Things for Your Accountant Before Tax Season
Accounting is crucial in determining how well you operate your business's financial aspects. It involves many elements, and keeping track of your financial records can be challenging, especially when you do not have adequate skills. In this case, you may consider...
Top 6 Accounting Resolutions for Carmel Businesses
The beginning of a new year comes with many responsibilities as businesses strive to make the year more productive than the previous financial year. That's why it's crucial to define your accounting resolutions for the New Year early. Fortunately, you can plan your...
A Controllers Role in a Small Business
Here are essential facts to know about a controllers role in a small business, which differs from a regular accounting position because of its forward-thinking analytical approach.
What is Your Accounting Costing You?
What are Your Accounting Costs? Any business that is keen on growth must embrace the accounting costs. Quite often, many business owners tend to focus on the cost of outsourcing for accounting services and overlook the real value of such professional services. This is...
Starting a New Business? Set-Up Your Business for Accounting Success
Small business accounting involves keeping a comprehensive record of all the expenses and income and correctly extracting financial details from financial transactions. New business accounting is an essential core that enables small business owners to manage and track...
The Role of a Forensic Accountant in Litigation
If you want to succeed in your litigation, you must be careful when choosing your forensic accounting expert. You want to partner with someone proficient in gathering evidence, analyzing and interpreting fiscal data, and, more importantly, testifying in court.
Don’t Leave Out These KPIs in Your Strategic Business Planning
Essential KPIs for Strategic Business Planning Strategic business planning is critical for setting your company's overarching goals and devising a plan to achieve them. The cornerstone of effective strategic planning is leveraging Key Performance Indicators (KPIs),...
Navigating Like-Kind Property in a 1031 Exchange
Like kind property exchanges are the perfect accounting tool for legally maximizing your profits when selling an investment property.
Understanding Buy-Sell Agreements
What is a Buy-Sell agreement? A buy-sell agreement is a legally binding contract between business co-owners that govern how the shares of a co-owner in the business can be reassigned in the event of death or the business's departure. It is also referred to as a...
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