window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-35975611-1', { 'anonymize_ip': true });

Business Advisory

New law’s tax provisions that affect businesses

The Consolidated Appropriations Act, 2021 (the CAA, 2021), signed into law on December 27, 2020, is a further legislative response to the coronavirus (COVID-19) pandemic. The CAA, 2021 include--along with spending and other non-tax provisions and tax provisions primarily affecting individuals--the numerous business tax provisions briefly summarized below. The provisions are found in two of the several acts included in the CAA, 2021, specifically, (1) the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the TCDTR) and (2) the COVID-related Tax Relief Act of 2020 (the COVIDTRA). Tax provisions extended. The TCDTR extends the following tax credits without other [...]

2021-01-06T23:03:46-07:00January 6th, 2021|Business Advisory, Business Tax|Comments Off on New law’s tax provisions that affect businesses

Info: Tax Relief provided by the CARES Act

We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. In addition to the summary of IRS actions and earlier-enacted federal tax legislation that I previously sent you, I now want to update you on the tax-related provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress’s gigantic economic stimulus package that the President signed into law on March 27, [...]

2020-04-02T11:37:17-07:00April 1st, 2020|Business Advisory, Business Tax, General Consulting, Personal Tax|Comments Off on Info: Tax Relief provided by the CARES Act

Quickbooks Desktop Software

If you are using a Quickbooks Desktop version earlier than 2017, you will be required to upgrade to a more current version before next tax season. Quickbooks no longer provides technical support to any version prior to 2017. Additionally, our office computers will be upgraded to Windows 10 later this summer.  QuickBooks Desktop is not guaranteed to run any version prior to the 2017 version. As QuickBooks ProAdvisors, The Blau Company, Ltd's clients are provided with wholesale pricing.  To download an order form, please visit our website, and click on "2019 Quickbooks Order Form" or contact our Intuit representative Eden Bohanon ( or 775-834-0028). [...]

2019-06-24T11:23:07-07:00June 24th, 2019|Accounting, Business Advisory|Comments Off on Quickbooks Desktop Software

Case Study: Using Financial Forecasts to Drive Growth and Profitability

Client Nicole and John McGee started Busy Bee’s Cleaning Service five years ago. The business services homes, offices, schools and corporate clients. Problem While Busy Bee is a terrific business with strong revenue, it could not turn a profit. After deciding to end a large labor hire contract and losing more than 60 team members, Nicole and John were unsure how the business was going to survive and were desperate for professional advice. Solution Nicole and John contacted their Accountant. They needed urgent advice and help to update their business plan and financial forecasting. The Accountant assisted them to reassess [...]

2018-03-03T11:55:20-07:00March 3rd, 2018|Business Advisory|Comments Off on Case Study: Using Financial Forecasts to Drive Growth and Profitability

Advantages of Business Forecasting

Financial forecasts assist in managing your finances. They are future predictions of your business finances, as compared to statements, which provide details of actual results of progress. The following are five ways forecasting can help your business: Focus on the Future By forecasting on a regular basis, it forces you to continually think about your future and where your business is headed. This will allow you to foresee changing market trends and stay ahead of your competition. Customer Satisfaction Keep your customers satisfied by providing them with the product they want, when they want it. The advantage of forecasting in [...]

2018-03-03T11:54:57-07:00March 3rd, 2018|Business Advisory|Comments Off on Advantages of Business Forecasting

Case Study: Build An Online Community To Grow Your Small Business

Client When Susan Blanchett was told she no longer had a job, she decided to start her own business making and selling macaroons from home.  Requests from friends turned into orders, orders turned into an online business:  Macaroons4U.  Within six months, she was taking so many orders, she decided to open her first store with her partner, Neil. Problem Susan and Neil had limited funding.  They could not afford an expensive professional marketing plan.  They knew that social media and developing a loyal online community would be key to their success.  Susan enthusiastically created a Facebook page and boosted some [...]

2018-02-05T09:00:53-07:00February 5th, 2018|Business Advisory|Comments Off on Case Study: Build An Online Community To Grow Your Small Business

Stand Out With Your Brand And Presentation

“The most Beloved Brands are either different, better or cheaper. Or else, not around for very long.” Firm Branding Branding your business is important.  It helps customers and prospects identify with your business.  Consistent use of your logo and presentation of materials is critical to building that recognition. Also consider your business name.  What message is that sending to customers and prospects about the type of work you can do for them? Firm Presentation The following six (6) simple tips can be easily implemented to make your business stand out in the marketplace: Signage: Your signage and the way your [...]

2018-02-05T08:58:33-07:00February 5th, 2018|Business Advisory|Comments Off on Stand Out With Your Brand And Presentation

Case Study: Partner With Your Accountant To Improve Your Business

Client INNOVAT is a graphic design studio.  The business employs 20 talented people and is the brainchild of entrepreneur and owner, Richard Brown.   Problem The business had a relationship with an Accountant but Richard wanted a fresh start.  He approached a new Accountant to take on their work.  The initial brief to the Accountant was to assist the business with a review of their systems and processes.  In a nutshell, Richard felt they were inefficient.  His team worked very hard but he wanted them to start working smart.  The measurable outcome Richard wanted was an improvement in billable hours for [...]

2018-01-05T09:00:48-07:00January 5th, 2018|Business Advisory|Comments Off on Case Study: Partner With Your Accountant To Improve Your Business
Go to Top