by Layne Bodily | Oct 19, 2022 | Financial Planning
Preparing Data for a Downturn As a CEO or CFO, you must leverage your company’s data to clearly understand your current economic standings. As you prepare for the inevitable ebb and flow of business, some best practices ensure that your company is protected as...
by Layne Bodily | Sep 1, 2022 | Business Planning, Business Resources, Financial Planning
This is part 3 of a short series discussing the basics of the income statement. See part 1 for a general overview, and part 2 for more info regarding revenue. In this post, we’ll be talking about costs of goods sold. In general, costs of goods sold are going to be...
by Team FBPCPA | Aug 5, 2022 | Business Planning, Financial Planning, Taxes
What is a 1099-K The 1099-K is an IRS information return used to report certain payment transactions to help the government track income. The form is generally filed by payment settlement entities (PSE) also referred to as third-party settlement organizations, i.e....
by Layne Bodily | Jun 28, 2022 | Business Planning, Business Resources, Financial Planning
This is part of a series by Layne Bodily, Partner at Fates, Bodily & Parker meant to help business owners understand their financial statements and how they can be used to make decisions and help grow your business. This is part 2 of a short series of posts...
by Layne Bodily | Jun 21, 2022 | Business Planning, Business Resources, Financial Planning
This is part of a series by Layne Bodily, Partner at Fates, Bodily & Parker meant to help business owners understand their financial statements and how they can be used to make decisions and help grow your business. We talk a lot about running a business by the...
by Layne Bodily | May 18, 2022 | Financial Planning
This is the first in a series of articles to help businesses better understand their financial statements and how they can be used to help you run your business, make better business decisions, and plan for growth. We talk a lot about running a business by the...
