Learn Along

Avoid misunderstanding. Avoid confusion. Be a boss and bookmark this one for future reference. Balance Sheet: A report that documents your company’s financial position. Think of the formula as ALE, or Assets = Liabilities + Equity. Costs of Goods Sold: Direct costs...

Description: Join David Foster & Mark Perlberg CPA as we discussed how to align different 1031 Exchange strategies with your business/investment goals and tax strategies. Together with Dave Foster, Founder and CEO of The 1031 Investor, we shared the many different...

But the hardest of all.....ding, ding, you guess it! Being BOTH! Let’s say you started a candy-making biz. You probably assumed that you would spend all day making candy. What many of us did not realize was that we would also be spending a lot of time doing marketing,...

You add some stuff, you subtract some stuff and yay, you just bookkeeped (um no, and that is not a word). You know you need it because, well, taxes, but you don't know how to actually do it. You don't know how to take all of that adding and subtracting and use it to...

Hey, guess what? Whatever it is your thinking about, it’s not stupid. We all have dreams. Go chase after them! Billy Barton-Accountant LLC started as a dream! I saw a need in our community for small businesses struggling with financial help. Before I started, much of...

My Profit & Loss statement says I made money, but where did it all go? Let’s break it down. Have you ever looked at your P&L and it says that your net Income is, let’s say $10,000? Then, you look at your bank account and you definitely do NOT have $10,000!...

I own a business. I know I have to do taxes (obviously), but when exactly do they need to be done by? ⁠ ⁠ Don't panic. Just because the clock struck midnight and it is now 2021, it does not mean that all things are due now! ⁠ ⁠ Here is a little breakdown of what is...

Knowing whether to classify a worker as an employee or independent contractor is very important when it comes to taxes and benefits. ⁠ ⁠ A quick rule of thumb for separating the two is to look at the work being done. If the payor can control only the result not the...

I started this company to provide a professional service to small businesses at an affordable rate. I am able to help people gain that strong financial foundation without breaking the bank. I understand that the “traditional” way of doing something doesn’t work for...

A Profit and Loss Statement, or a P&L (as the cool kids like to call it) is a report that tells a narrative about your business over a specific period of time. ⁠Whether your business is big or small, it all comes down to numbers! The story of your business is told...