Financial Spring Cleaning: Refresh Your Books, Budget, and Business Strategy
Refreshing your books, budget, and overall strategy each spring provides clarity that translates into smarter decisions and stronger growth. From reconciling accounts and trimming redundant expenses to aligning your budget with shifting priorities and benchmarking performance, this annual reset empowers businesses to act proactively—not reactively.
Financial Red Flags: Warning Signs That Your Business Needs a CFO
A fractional CFO brings high-level financial expertise to your business without the cost of a full-time hire, helping you navigate challenges and scale with confidence. By offering strategic insights, cash flow management, and financial planning, they empower business owners to make informed decisions that drive sustainable growth.
The Financial Guide to Running a Successful Subscription-Based Business
Subscription-based businesses are booming, offering predictable revenue and long-term customer relationships. From Direct Primary Care (DPC) clinics to SaaS platforms, recurring revenue models provide stability—but they also come with unique financial challenges. At Goodman CPA, we specialize in helping subscription-based businesses optimize pricing, manage cash flow, and stay tax-compliant. Whether you’re just starting or scaling […]
Key Tax Law Changes Every Business Owner Needs to Know in 2025
We’re already a month into 2025—how’s your tax strategy shaping up? With new tax laws taking effect, now is the time to make sure your business is on track. Whether you’re adjusting to updated tax brackets, taking advantage of new deductions, or preparing for payroll tax changes, staying informed can help you optimize your finances […]
Why We’re Passionate About Helping DPC Clinics Thrive
At Goodman CPA, we’re inspired by the work being done by Direct Primary Care (DPC) clinics every day. These practices are transforming healthcare by prioritizing personal, accessible, and relationship-driven care. DPC models remove the barriers of insurance-driven systems to focus on what matters most: patient care. But while the DPC model is revolutionary for patients, […]
Creating a Financial Roadmap to Turn Business Goals into Reality 🚀
Every successful journey starts with a plan—and the same goes for your business. Your financial plan isn’t just a spreadsheet filled with numbers; it’s a roadmap designed to turn your big ideas into tangible results. Whether your 2025 vision includes expanding locations, increasing profitability, or building cash reserves, a well-structured financial plan keeps you focused, […]
Top Things to Look for When Selecting a CPA for Your Business
Choosing the right CPA can be one of the most impactful decisions for your business’s financial health and growth. The right CPA is more than just a tax preparer—they’re a strategic advisor, a problem-solver, and a trusted partner who helps you stay ahead of challenges and seize opportunities. So, what should you look for when […]
Effective Bookkeeping Practices for Small Businesses
Good bookkeeping is the foundation of a successful small business. By implementing effective bookkeeping practices, you can improve your financial management, ensure compliance, and help your business thrive. Here are some essential practices to consider: 1. Set Up a Reliable Bookkeeping System The first step in effective bookkeeping is setting up a reliable system. This […]
Top Tax Credits and Incentives for Small Businesses
Small businesses often overpay taxes due to lack of awareness about available savings opportunities. Having a tax advisor or CPA can help ensure compliance with IRS regulations while identifying potential tax breaks. This article covers some common tax credits and incentives for small businesses. Qualified Business Income (QBI) Deduction The QBI deduction applies to pass-through […]
The Benefits of Offering Employee Rewards & Bonuses
Rewarding your employees not only boosts morale but can also provide significant tax savings for your business. By optimizing achievement awards and bonuses, you can show appreciation for your team while maximizing your tax benefits. Here’s how you can make the most of these opportunities. Key Strategies for Tax-Efficient Employee Rewards Qualified Awards Qualified awards […]