Ever found yourself caught in the tangled web of numbers, forms, and regulations that is tax preparation? Ever wished for a magic wand to make it all simpler? I’ve been there. The endless sea of receipts and paperwork, the sleepless nights worrying about IRS...
Ever feel like you’re navigating a labyrinth when dealing with the ERC (employee retention tax credit)? You’re not alone. It’s a convoluted, continually shifting realm where even experienced entrepreneurs can get disoriented. We’ve all been...
Do you know the difference between financial accounting and reporting and how it can impact your business decisions? Understanding the distinction between these concepts is crucial for effective financial management and decision-making. In this blog post, we’ll delve...
Table of Contents What is the Purpose of Bookkeeping and Financial Reports? 5 Reasons To Be Diligent With Your Bookkeeping Benefits of Bookkeeping and Financial Reporting Types of Books Kept by Businesses At the End of the Day Michael Dolezal & CO, CPAs &...
In the realm of wealth generation, it’s not uncommon to find yourself searching for answers, typing furiously, “How can I achieve real-world wealth?” The ease with which some accumulate riches in this economy may leave you curious about their secret....
As an accountant working closely with small businesses in Northeast Ohio, I’ve witnessed firsthand the critical importance of revenue growth for business success. In this blog post, I will delve into why revenue growth is essential and provide valuable tips for...
As a small business owner, one of the most critical aspects of running a successful business is managing cash flow. Proper cash flow management is essential for not only day-to-day operations but also for long-term business sustainability. In uncertain times, such as...
Right in the middle of the bloody depths of civil war, President Lincoln proclaimed the last Thursday of November as a national day of Thanksgiving which should take place every year.His entire Thanksgiving proclamation (written by his Secretary of State, William...
There’s this idea out there among many wannabe Cleveland business owners that they have to come up with the next completely fresh idea in order to have a great business. Shows like Shark Tank (which I love) go towards creating this kind of mindset —...
Last week I wrote about working less and testing the 80/20 hypothesis for your Cleveland business work cycle. I’d love to know if you had a chance to consider putting this into practice, send us an email using the email icon at the top right-hand corner of our...
Dive into the nuances of financial accounting and reporting. Understand their distinct purposes, components, and significance for informed business decision-making. Expert insights by Michael Dolezal & CO, guiding you through the financial maze.