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Let’s talk cash flow

The health and value of your company are related to your cash flow, which is the amount of cash your business generates during normal operations. If your goal is business growth, this is a vital step to be sure you’re ready. It’s also among the first questions banks...

Here’s how to avoid an audit

How to avoid an audit tips No one likes to hear these two words: Tax audit. As a business owner, you are putting in the extra time each week (we hope) to keep your financials organized for IRS filings. Triggers for audits vary, but it pays to be honest and thorough...

Be prepared for tax season. Here’s your checklist

Tax season is like planning for the holidays. Wait until the last minute and you will be overwhelmed. As a business owner, now is the time to set aside a few hours each week to prepare end-of-year tax season items. The team at Rektio has compiled a checklist of the...

Why You Shouldn’t Do Your Own Bookkeeping

Bookkeeping is a vital component for a successful business that is usually underrated. Having accurate, timely records makes completing business functions and planning for the future much easier. If the person in charge of your bookkeeping does not have a deep...