Entries by Maria Fellows

Cash Flow vs Profit: Why You Might Be Making Money but Still Going Broke

You’re selling your products or services. Your income statement shows a profit. But your bank account? Empty. You’re juggling payroll, struggling to pay rent, and wondering where all the money went. If this sounds familiar, you’re not alone. Many business owners confuse profit with cash flow—two financial metrics that tell very different stories. Profit vs. […]

/by

The Value of Social Media for Accountants

In today’s digital age, social media has become an indispensable tool for businesses across all industries – and accounting firms are no exception. Let’s explore how leveraging social media can benefit accountants and their practices. Client Development One of the key benefits of social media for accountants is the opportunity it provides to connect with […]

/by

Tax Incentives for Renewable Energy: The Residential Clean Energy Credit Decoded

Revamping your home by incorporating clean energy solutions like solar panels, geothermal installations, wind turbines, battery storage systems, and various eco-friendly alternatives not only contributes to a sustainable future but may also render you eligible for the “Residential Clean Energy Tax Credit” on a yearly basis. This credit serves as an incentive for homeowners to […]

/by