7 Proven Reasons to Outsource Your Bookkeeping and Reclaim Your Time
Running a successful business takes dedication and focus. So why are you spending so much time trying to manage your books? With the right bookkeeping services, you’ll get industry-leading expertise that helps you get out of the back office and back into the game. Here are a few benefits you’ll gain from outsourcing your bookkeeping. […]
Staying Up To Date On Tax Law
Tax laws are a changing facet of accounting. New rules and regulations happen frequently. New clients sometimes say, “my former accountant never told me that.” In those cases, they probably didn’t realize the new regulations changed and may have offered taxpayers new opportunities. You expect what you pay to get your taxes compiled should give […]
When Everything Changed: Outsourced Bookkeeping for Business Growth
I recently received an email stating “that moment when everything changed…” You would have to be living under a boulder (not just a rock) to not be aware that everything has changed over the last 9 months. But reading this really struck me—that moment everything changed. Was it really a moment? For most business owners, […]
Break Free: Is the Accountant Stereotype Holding You Back?
Accountants are boring, hermit math nerds who come out but once a year file taxes. I’m pretty sure that one sentence summed up just about every accountant stereotype out there. Just like most stereotypes, the over-generalized belief about who an accountant is and what they do is completely wrong! Accountants do taxes…that part of the […]
How to Stop Your Procrastination with Thrive by Vesta
Recently, a client told us about their procrastination. As easy as it is to laugh at or shrug off procrastination, we are all guilty of it. But why do we procrastinate? Is it because we have other more important things to do? Is it because we really don’t like the task at hand and secretly […]
Thrive by Vesta, Outsourced Bookkeeping
A new business owner will learn quickly that accurate up to date financial records provide a numbers-based picture of their business. Knowing those numbers takes years, knowing how to maintain these records efficiently seems to be a low priority of most business owners. There are five good reasons to consider outsourced bookkeeping services to help […]
Four Tax Law Changes You Should Know
How many times have you heard the phrase “everything changes?” Have you ever wondered what would happen if we didn’t accept change? What if your technology department at work insisted you put everything on a floppy disc and use an Apple 2e because they didn’t learn about new technology? What if your doctor suggested curing […]
Transform Audit Fear into Confidence: What You Need to Know
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, or you may have to […]
Five Accounting Tips that Make a Difference for Your Farm
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 nonprofit differs from that of […]
5 Proven Ways to Survive the Chaos of Tax Season
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 and learn your fate for […]
Secure Your Future, Review Your Estate Plan
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 of these new laws are […]
The Overlooked Value of Employee Benefit Plan Audits
One often-overlooked administrative requirement for Employee Benefit Plans (EBPs) is the need for annual audits—generally required for plans with more than 100 participants. While mandatory, these audits offer valuable benefits to both the plan and its sponsor or administrator. Rather than being intrusive, EBP audits can foster stronger internal controls, improve understanding of plan operations, […]