Gone are the days in which a team of trained professionals was needed to mercilessly hammer payroll data into spreadsheet after spreadsheet, making mistake after mistake late into the proverbial night, or at least they should be.
Small business owners—especially those just starting out—have a habit of ignoring detailed accounting, in many cases running the finances of the business in much the same way that they manage their personal checkbook.
Tax season is upon us! It’s the time of year us mere mortals are tasked with decoding the alphabet soup that is IRS tax forms. There is the potential that things can sound even more confusing once you are no longer filing just a standard tax form.
The IRS noted that it had received many comments on the regulations, most of which it addressed in issuing the rules. (The AICPA submitted a comment letter recommending various changes, described here.)
One of the top killers of small businesses is anemic cash flow. If many or most of your sales are on credit, your P&L might look great, but if you aren’t collecting what you’re owed, you can soon find yourself unable to meet large critical disbursements like payroll, taxes, or supplier payments.
The focus of Internal Audits (IA) is to diagnose the needs for compliance, risk management, and governance as it pertains to a companies purpose. IA has shifted from a team designed to provide assurance to a strategy group meant to meet the ever-changing landscape of business and technology.
Inventory Mistakes That Can Cost Your Business As a business owner, inventory is one most important aspects of your company. Without enough stock, you could have unhappy customers and lose business. If you have too much, you could lose money in storing your excess capital. If there is one area that causes companies to succeed...
The financial services of Odoni Partners LLC have played a vital role over the course of decades. In fact, we consider them to be part of our company’s extended family. There is no CPA we would trust and recommend more than Odoni Partners LLC.
Our Loyal Client
Odoni Partners LLC is a tremendous asset in tax planning and business evaluation. Their integrity, team strengths and balanced approach, combined with their experience with the Tax and business formations, have made them a valuable consultant and resource in building our companies.
Our Loyal Client
I’ve worked with many advisors and consultants over the years and Odoni Partners LLC has stood out. Their loyalty while we built our business from nothing shows their ability to recognize potential, to have a vision for the future, and to serve as a guide during growth.