#practicalaccountingsolutions

Oct 28, 20192 min read

Activity-Based Costing: Is it right for me?

ABS is as easy as 1-2-3! Is Activity-Based Costing right for you?

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Oct 21, 20192 min read

Emergency Funds - How to Prepare for the Unexpected

In the hit NBC show This is Us, a married couple plays a game called "What's the worst that can happen?" In this game, they share their...

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Oct 14, 20194 min read

Katie Harbison - The Entrepreneurial Lens

The Entrepreneurial Lens I always imagined I’d be a writer… but that was the problem. I was imagining it, dreaming it, alluding to it. I...

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Oct 7, 20193 min read

Are There Tax Benefits to Hiring your Minor Children to Work for Your Business?

As a small business owner, how would you like to save on your federal and state taxes as well as help teach your child(ren) about saving...

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Sep 30, 20192 min read

Financial Ratios for Your Small Business Part II

Last week, we introduced a few financial ratios that you can use on your balance sheet and income statement. This week, we'll add to that...

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Sep 23, 20192 min read

Financial Ratios You Need for Your Small Business Part I

Financial ratios are a powerful tool to help you assess your small business finances. They can measure your operational efficiency...

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Sep 16, 20194 min read

You Need These Apps in Your Life!

Our smartphones have become an essential part of our everyday lives. From connecting with loved ones and friends on social media, getting...

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Sep 9, 20192 min read

Your Profit and Loss Statement: What You Need to Know

As a small business owner, you wear a lot of hats. When you sit down to calculate your finances, a Profit and Loss Statement (or P&L...

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Sep 2, 20192 min read

Ignite Your Fire with the Girls on Fire Network

Let's Ignite your brand, your business and your network...all from your phone! About this Event Bring your phone fully charged and join...

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Aug 26, 20195 min read

Why Follow up is Critical to Success

Why Follow up is Critical to Success We hear the phrase “follow-up” quite frequently in business, but what does that really mean? How is...

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Aug 19, 20191 min read

Time's A-Ticking and You Don't Want to Miss This!

Retirement seems like a long way off, but it may be closer than you realize! Join us at Park Lane Tavern in Fredericksburg on August 27th...

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Aug 12, 20192 min read

Types of Liabilities You Don't Want to Forget on Your Balance Sheet

Two Categories of Liabilities: Current and Long-Term To get a better view of your current and long-term liabilities, you can always...

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Aug 5, 20193 min read

Where Do Your Tax Dollars Go?

We pay taxes every year, but do we really know where our hard-earned income goes? Today, we take a deep dive into the top three areas...

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Jul 29, 20193 min read

How Do I Choose between the Cash or Accrual Methods?

Like many things in life, timing is everything when it comes to choosing the best accounting method for your small business. Read on to...

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Jul 22, 20192 min read

Are You Ready for Retirement?

Although tax season is over, Practical Accounting Solutions is still keeping busy! We wanted to give you an exclusive first look at our...

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Jul 15, 20194 min read

Paying for College? Here are a few extra ways to save!

We are proud of our children and we want the very best for them! We support their choices as they grow up and face the world. However, if...

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Jul 1, 20194 min read

What You Need to Know About Small Business Loans

As a business owner, you may find yourself seeking a business loan in order to take the next step in your company! Whether you're looking...

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Jun 24, 20193 min read

Know these 4 Things Before Taking Out a Personal Loan

There are plenty of reasons why taking out a personal loan might be a great financial move for you or your family. Read on to learn more...

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Jun 18, 20192 min read

Bookmark these Resources for Your Small Business

In the past, if you wanted information, you got in your car and visited your local library. Once there, you had the choice of either...

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Jun 11, 20192 min read

5 Books on Personal Finance Everyone Should Read

Queue the ABBA song and have a jam session while you take note of these 5 books on personal finance everyone should read! Looking for a...

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