Fully Accountable Blog
End-of -Year Tax Deductions for E-Commerce Companies
E-commerce companies face numerous tax deductions that can be beneficial in a rapidly changing tax environment. Since the Supreme Court's South Dakota vs. Wayfair decision, 43 states now tax e-commerce sales, and the industry must prepare for further tax nexus...
What Is an M & A Advisory Firm?
Mergers and acquisitions describe the process by which companies consolidate their assets through various financial transactions. These transactions include mergers, acquisitions, consolidations, assets purchases, management acquisitions, and corporate restructuring.
What Is a Fractional CFO?
Financial tasks can be overwhelming for small or growing businesses. Procedures, reporting, and forecasting can often feel like a bad dream. A fractional chief financial officer (CFO), or Fractionalized CFO, can help you respond to these problems and more, ensuring...
Controller vs. Accountant: Differences, Similarities, and Why You Need Both
Structuring your company’s accounting operations is always a challenge, no matter your size or success level. One of the questions companies often find themselves asking is about the differences between financial controllers and accountants. When it comes to...
What Are the Differences Between Benchmarking and KPIs?
Benchmarks and KPIs are both methods of determining a business’s financial performance, and they can help gauge a company’s financial and operational performance while identifying future strategic initiatives. However, many people ask whether benchmarks and KPIs are...
What Is E-Commerce Accounting?
Regardless of where you are in your e-commerce business, bookkeeping and accounting are two of the most critical determinants for your long-term success. Without a solid e-commerce bookkeeping and accounting system in place, things can quickly go awry. Unclear tax...
5 Outsourced Accounting Misconceptions and Why You Actually Need It
Outsourced accounting comes with a lot of preconceived notions. After all, outsourcing any part of your business comes with inherent risks. You need to know you can trust who you’re outsourcing to and what they can offer. However, as this blog shows, many of these...
What Is Cash Flow and Why Is it Important?
The importance of cash flow can be summed up with one statistic: 82% of businesses that fail do so because of cash flow issues. Care about cash flow yet? This article discusses the reasons why cash flow is critical to any business looking to stay afloat. With cash...
Benefits of Outsource Accounting
Congratulations, you’ve either started a new business or been in business for a while. Either way, you’re winning. However, running a business comes with managing a team; it can be hard to keep up with all of the elements it takes to keep everything afloat. It can be...
What is Big Data & What Does it Mean?
What Is Big Data? The term “big data” may confuse some. It can mean many things. And that’s fitting considering so many businesses, nonprofit organizations, and government agencies want to use it for their benefit. However, when you take a closer look at big...
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