CPA vs. EA: What’s the difference, and which one do you need?
Let’s say you are the finance lead of a growing tech startup. Your Board of Directors is emphasizing the importance of tightening internal controls, preparing for an upcoming investor audit, and addressing complicated federal tax issues, all within the next twelve months. Between hiring a CPA firm that can perform audits of financial statements and […]
Revenue Cycle Management 101: A Guide For Business in 2025
A well-planned Revenue Cycle Management (RCM) process is important for businesses as it helps to ensure healthy cash flow, reduces exposure to operational risk and improves your customer / patient satisfaction. RCM involves the entire process from the time that a customer registers, to the time that all payments are reconciled. The success of RCM […]
AI & Accounting: 3 key takeaways you need to know
While Accounting has historically served as the pillar for every organization, in 2025 it is the proving ground for AI’s potential. As Link My Books states: in 2022, 38% of accounting firms were utilizing AI in their core activities, today it is 61%. More critically, AI has decreased a firm’s time on each process by […]
What Is an Audit Trail, and How Does It Impact Your Business
Audit trails are chronological, time-stamped records containing every transaction, configuration change, or access event across systems and processes, automated or manual. The primary benefits are greater compliance with financial (SOX, PCAOB), privacy (HIPAA, GDPR), and climate-reporting regulations; improved risk management through AI anomaly detection; and greater operational resilience through faster incident response. The leaders of […]
Will Tariffs Hit Small Businesses the Hardest?
Certain businesses, especially small ones, suffer from higher immediately imposed costs caused by the April 2025 “reciprocal tariffs” again invoked by President Donald Trump. By their very nature, small businesses don’t have the scale, financial cushion and stables of compliance officers to absorb or pass on these higher costs, as their larger counterparts do. Large […]
Quarterly Tax Planning: How to Stay Ahead of Deadlines in 2025
As businesses and affluent individuals operate in a context of modest inflation without real-wage growth, the IRS’s annual adjustments for tax year 2025 for annual inflation increased the standard deductions and bracket thresholds, but just barely. Consequently, enhanced planning will be required to avoid “bracket creep” and underpayment penalties. As of Spring 2024, single filers […]
