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Posted by: Charles P Myrick CPA Posted on: Nov 13 2018

Boost Your Tax Savings in 2018 With Year-End Planning

The end of the year is always a busy time for business owners. While juggling holiday planning, you also have to take care of some important business duties so you will have a successful year when the calendar flips over. Solid year-end tax planning helps you know where you stand in 2018 and how to prepare for 2019.

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Posted by: Charles P Myrick CPA Posted on: Nov 06 2018

Do You Have Time to be a Hands-On Landlord?

Investing in rental properties can help you reach your financial goals. But, being a good landlord takes practice, and no matter how much you read, there really isn’t a substitute for experience. That’s why many successful real estate investors and landlords depend on their property management companies. They say that a competent property manager can add significant value to the investment. Here are some of the benefits of skilled property management services:

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Posted by: Charles P Myrick CPA Posted on: Oct 30 2018

What Makes a Successful End-of-the-Year Giving Campaign?

The end of the year holiday season is also the giving season. Church leaders know that the holidays are one of the most strategic times of the year for fundraising. End of the year donations are critical to the financial well-being of the organization. Every non-profit ministry in the country will make appeals to the members of their church for financial support. What makes these appeals successful? 

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Posted by: Charles P Myrick CPA Posted on: Oct 23 2018

You Can Save Money With Year-End Tax Planning

The last quarter of any year is a busy one for anyone who wants to get a jump on tax planning and preparation. With holidays and shopping competing for your attention it’s easy to lose your focus on long-range financial planning. However, for those who can set aside time to review their finances, the advantages gained are many.

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Posted by: Charles P Myrick CPA Posted on: Oct 16 2018

Cash or Full Accrual Budgeting for Your Small Business?

At some point, every small business owner will need to make an important decision: should they use cash or accrual budgeting for their company? Businesses use both the cash basis and full accrual basis of accounting and budgeting in their operations. There are advantages and disadvantages to both of these options, and you should consider talking with an accountant to learn about how these methods will impact your business. 

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Posted by: Charles P Myrick CPA Posted on: Oct 10 2018

Nonprofits Have Unique Needs for Cash Flow Management

Any nonprofit that lacks a substantial base of operating cash can experience cash flow problems. What causes them? There are many factors unique to the nonprofit business model, such as seasonal fundraising, annual grant payments, and reimbursement-based contracts. Nonprofit leaders need knowledge of how the organization's cash flows, and what to do if it doesn't.

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Posted by: Charles P Myrick CPA Posted on: Oct 02 2018

Do You Want to Be a Successful Real Estate Investor?

Think you want to invest in rental properties? Are you considering buying residential property for rentals? Experts advise people who invest in real estate for building future wealth to make a long term commitment. Here’s how: 

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Posted by: Charles P Myrick CPA Posted on: Sep 25 2018

Is a Budget the Right Tool For Your Church?

A church needs to be financially healthy to carry out its planned mission. A budget is a necessary tool for achieving the congregation's goals. It can serve as a roadmap for planning and decision-making. Here's why:

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Posted by: Charles P Myrick CPA Posted on: Sep 18 2018

What Are the Advantages of a Roth IRA?

Today young workers are encouraged to start savings and asset building strategies as early as possible. A valuable asset to most individuals is their retirement account. A common question is whether to choose a traditional (tax-deferred) or a Roth option. 

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Posted by: Charles P Myrick CPA Posted on: Sep 11 2018

Do You Struggle With Cash Flow Management?

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

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