November 02, 2017
Understanding The New Tax Reform And What It Means – Foster Financial

The truth is the meaning of the new tax reform is difficult to determine. Today and possibly for some time.

October 24, 2017
Things You Need to Know About Company Vehicles – Foster Financial

For small-business owners, putting a personal vehicle into service, and buying or leasing transportation, are all legitimate alternatives. Regardless of which direction you take, financial aspects, such as insurance or tax deductions, need deliberation with a qualified professional. This is a short list of essential considerations for you concerning your company vehicle.

October 24, 2017
Accountants vs CPAs: What’s the Difference? – Foster Financial

People often confuse the roles of accountants and certified public accountants (CPAs). While they are much alike, many of the responsibilities and levels of authorities differ. All CPAs are accountants, but not all accountants are CPAs.

October 06, 2017
How to Properly Read and Use a Balance Sheet – Foster Financial

Financial documents can be intimidating, especially if you are not a trained accountant. Learning how to read your own balance sheet can protect you from mistakes made by your accountant or bookkeeper and help you bring in your projects under budget.

September 19, 2017
The Top 5 Reasons Most Businesses Fail – Foster Financial

According to an article by Inc. magazine, 70% of companies close their doors within the first ten years of doing business. Here are five of the top reasons businesses fail and how you can prevent making the same mistakes.