Flagstaff’s Minimum Wage Update

The Flagstaff City Council will meet on February 14th, 6:00 pm, for a special meeting to consider Proposition 414 options. This controversial, voter-approved minimum wage increase (staged increase to $15/hour) has created division in our Flagstaff community.

For a discussion of the options on the table, take a look at the AZ Daily Sun’s write-up January 15, 2017: http://azdailysun.com/news/local/govt-and-politics/three-groups-battle-over-new-flagstaff-minimum-wage/article_1537f5db-2163-5b24-b78f-c0137cfc8d49.html

If you have any questions regarding how this law might affect your business and payroll requirements, please call my Flagstaff CPA office at 928-774-0440.

Quickbooks Workshop for Business Owners

Though your business is established, you’re probably still finding that managing your books is a mystery and a nuisance. You’d like to spend more time managing day-to-day operations, visioning your future and developing business relationships. Though a they can be a nuisance, well organized books are vital for the health of your business. It’s important to keep your business on track for taxes and payroll, as well as maintaining your client and vendor base, understanding where you’re spending your money, and which clients are really driving your sales.

As a local CPA who supports small business owners, I’ve designed three Quickbooks ™ classes to help take the mystery out of computerized bookkeeping. I want Quickbooks ™ to work for you. I’ll teach you how to be more efficient in your bookkeeping, and to discover new ways to utilize information you’ve already input.

Class schedule *:
Beginning Quickbooks ™ Thursday, November 10, 2016 3-5PM
Intermediate Quickbooks ™ Thursday, November 17, 2016 3-5PM
Advanced Quickbooks ™ Thursday, December 1, 2016 3-5PM

Register now at www.bit.ly/GailLowe. *Seating is limited.

All classes will be held in my office:
Gail D. Lowe CPA PC
1600 W. University Ave, Suite 206
Flagstaff, Arizona 86001
Office: 928-774-0440

I want your business to be the healthiest it can be!

Business Bookkeeping

Bookkeeping accurately and timely in your business provides the basis to succeed. The ideas and plans that give your business its purpose are monitored through bookkeeping and subsequent financial analysis and planning. The profits you generate are managed and grown by understanding what the numbers are behind the balances. For example: are you aware of income sources and capitalizing on potential possibilities for expansion? Is the credit you’ve extended to customers being collected in a timely manner? Are you managing creeping costs? Have you done your tax planning so you have a good idea of what tax season has in store for you? Is your business keeping up with and/or exceeding industry norms?

Teaming with you to provide financial information, consulting and tax planning & preparation to Plan, Grow and Prosper.

The Tax Man

The TAX MAN cometh! As my wise father once said, “I prefer to pay taxes – it means I’m making money.” Being successful in business means being intimate with the numbers. It also means that you (or someone on your team) understand United States tax law. Waiting until February or March to get your numbers together for tax return preparation diminishes your ability to manage your financial resources effectively. Tax plan before year end!

Teaming with you to provide financial information, consulting and tax planning & preparation to Plan, Grow and Prosper.

5 Finance Tips All Business Owners Should Follow

5 Finance Tips All Business Owners Should Follow is a a quick read by Eric Siu. Some advice there is that working really long hours doesn’t necessarily mean you’re profitable. If you analyze your time, the mission of your business, and the resources you have available, you may find that following one of the other 5 tips, “Focus on your core strengths,” may help to bring your life back into balance and increase your quality of life. Think Sustainability! Think Quality! Think Balance!