Without an operating Agreement, an LLC is governed by the “default rules” set out by Utah statute. This is where things may get ugly because there may be so many unconsidered extenuating circumstances. Our guest post today is from Darren Hansen to explain...
For kids, summertime brings “fun in the sun” with family vacations, beach blankets, and lazy days. For small business owners summertime is a great time to pause and evaluate where your business was, where it is, and what steps need to be implemented to get it where...
One service that we offer is that of a Controller, in which we take care of everything financial for your business. Blue Collar Landscapes has been quite happy with our services in this capacity. Gus Allen, owner of Blue Collar Landscapes, said, “I was referred to...
Someone calling from the IRS looking for money? Most likely it is a scam. Callers are claiming to be from the IRS and demanding that taxpayers immediately send payment. They might have some personal information about the person being called and stating they have just...
Over the years we have reviewed hundreds of QuickBooks files and financial statements and other forms of accounting records for clients. All too often these files and statements are full of errors that create a fictitious financial position for the company due to...
Regular Profit and Loss Statement A business owner can only survive with good and current information. Outdated financial statements have very little value. You might receive your year-end financial statements in May of the following year and find that there is a...