Vesta Insights

Many entrepreneurs feel that business ownership gives them independence, control, and leadership opportunities that may not exist for them as an employee of someone else. To a large extent, this is true, and it is one of the reasons so many of us start businesses of our own. As good

You’ve created a budget and stuck to it for months, but an unforeseen expense threw a wrench in your plan. What do you do now? We’ve all heard of broken budgets that get thrown aside the instant they get off track. Even though all hope may seem lost, it is

What do most people think of when they consider the word audit? In our experience, the word primarily induces fear. After all, who wants to hear that they are being audited? In the business accounting world, an audit can conjure up feelings of anxiety because someone might check your work,

If you follow us on social media, you might have seen a post recently on accounting for nonprofits. For those of you that didn’t read it, here is what you need to know: accounting for nonprofits is highly specialized. Your accountant should know the ins and outs of how your

As tax season approaches, Vesta can sense your fears starting to build – the sweat on your brow starts to take shape and you begin to have flashbacks to high school sitting across the desk from Mr. Strickland’s crisp bowtie! As you sit waiting for your turn to head in

We know you love your family and there’s nothing you wouldn’t do to help them. One of the best things you can do to secure their future financial safety is to tackle estate-planning! Your loved ones (heirs) will thank you for not having a legal mess to sort out! At

When discussing estate planning for individuals, most have heard the terms “will” and “trust,” but not everyone knows the differences between the two. Both are useful estate planning devices that serve different purposes, and both can work together to create a complete estate plan. Both legal documents allow you to

The Tax Cuts and Jobs Act of 2017 (the TCJA) included a substantial increase in the federal estate tax exclusion. The relatively new tax law is even more reason to review any estate planning you have done. However, it is important not to simply undo prior planning, as many aspects

An estate consists of everything a person owns, including a home, vehicle(s), additional real estate, bank accounts, stocks, and life insurance. It also accounts for valuable personal possessions like furniture, jewelry, and artwork. Almost every individual has an estate. However, no matter how large or how small your estate is,

Business is more complex today than ever, with lots of moving parts and pieces that require management attention. In small and mid-sized businesses, owners or leaders don’t often have experts in all the functional areas, so they are forced to wear all the hats. Yet, no one can be knowledgeable

In 2011, a small and medium-sized business survey was conducted by E-Myth and Synotac that revealed fascinating statistics concerning how growth and development of a business are related to Planning. The survey was entitled “State of the Business Owner” and was conducted with 800 business owners from around the world

If you are a small business owner, a time will come when you’ll find yourself ready to exit or sell your business. You’ve probably thought about the possibility in some capacity already. But there are a few questions you need to ask yourself before you start fielding offers from potential