Are You Losing Money by Avoiding Online Accounting? by Doug DeBoer, CPA, and Tami Davis, CMA

We’ve all experienced the innumerable ways the pandemic has upended how we work and conduct business. In accounting, that change is especially evident in the rapid adoption of online-only platforms and virtual services such as auditing. At GC, we aim to ensure our clients optimize in the way that's best for their business. Our latest article lists things to consider, as well as the ways that switching could make all the difference for your business. Read on by clicking the link below.
Date:December 12th, 2021

How a Cash Flow Projection Can Help Your Business Roll with the Punches by John Olmos, CPA

Cash flow projections are a key predictor of profitability for nearly all small businesses. That's why it's so important to have a good grasp of what you have now and what you predict going forward. If done consistently it can increase profits substantially. We've put together some basics to consider in our November newsletter article on cash flow projections. Read more at the link below:
Date:November 16th, 2021

Is a Roth IRA the Right Retirement Account for You? By Jamee Bollinger, CPA

We're taking a deeper dive into Roth IRAs in October's featured article. You may know that it's the least restrictive plan, offering greater flexibility in the future in exchange for an up-front sacrifice in the form of taxes, but you might not be aware of some of its lesser-known benefits. Read the latest from our Estates and Trust Team at GC to find out more. Click the link below to read the full article.
Date:October 19th, 2021

5 Expert Tips and Tricks to Get the Most Out of QuickBooks Online by Yajaira Vazquez

QuickBooks Online is one of the most comprehensive accounting software packages on the market, and it can ultimately save you time, money, and frustration. It's easy to use, and GC aims to make it even easier for our clients. Read our latest article with helpful tips and tricks so you can get the most value from your subscription. Click the link below to read more.
Date:September 22nd, 2021

Consider Lean Processing to Streamline Your Business by Caitlin Kleinschmidt

At Grimbleby Coleman CPAs, one of the major roadblocks to success that we’ve seen in businesses over the years is the lack of internal efficiency and wasted time on routine functions. It can trickle down to other areas of business, bogging down other processes. Investing in a process improvement program, such as Lean Six Sigma, can dramatically cut waste and streamline how work is structured and the products and services you can deliver. If you’ve ever asked yourself how you can take your business to the next level of productivity, efficiency, and overall output, then keep reading. Click the link below to read more.
Date:August 17th, 2021

Accounting for Fixed Assets in Ag - Financing, Leasing, and Tracking by Donae Caravalho, CPA

If your business doesn't have a plan for its fixed assets, you should consider conducting an inventory every year — it's the best way to get the full picture of what your company owns, and it can be essential to help you replace or remove obsolete assets. Check out our July newsletter article to read more about how we can help your ag business plan for fixed assets. Click the link below to read more.,-Leasing,-and-Tracking
Date:July 20th, 2021

Shaping Your Retirement Plan and Determining What You’ll Need by Preston Osbourn II, CPA

Even if you think you have years to spare, it’s important to start planning for retirement now. What would you like your money to do for you once you stop working full-time? Maybe you would like to pay off your mortgage, help your grandkids with college expenses, or take a road trip around the country and visit every MLB stadium along the way. Once you have your goals in place, it’s time to start shaping your retirement plan. Read more in the link below to find out how GC can help!
Date:June 16th, 2021

The Importance of a Controller in Your Business by Becky Austin

Like many multi-tasking owners, you may find yourself overwhelmed by the complex process of forecasting, planning, accounting, monitoring, and measuring. While a CFO is responsible for the overall financial strategy of your business, a controller takes the lead on the crucial activities of financial reporting, compliance, and complex accounting functions related to accruals and deferrals. Our Client Accounting Services team has the talented people needed to help develop your business’s financial story. Read more in our latest article by clicking the link below.
Date:May 12th, 2021

AR April Intro Video

When accountants use the term “fixed asset,” they are referring to a physical asset that is acquired by a company and is expected to last more than one year. Conducting an inventory of your fixed assets every year is the best way to develop a solid understanding of what your company owns and how the items are reflected on your balance sheet. This activity can be time-consuming but could potentially save a substantial amount of money. Read more about conducting an inventory of your fixed assets and how we can help by clicking the link below.
Date:April 21st, 2021

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Our Commitment to Safety and Prevention of COVID-19

Dear friends and clients,

Thank you for putting your trust in us to provide your tax and advisory services. These are rare and unusual circumstances; but be assured, we are committed to providing continued services and support.

To lessen our societal impact, as well as to protect the well-being of you, our clients, and our team, we ask that the majority of our communications be electronic or over the phone.  

We strongly encourage you to use our electronic collaboration tools for securely scanning and sending tax documents and we have the necessary data security in place to ensure security and privacy. For details regarding our electronic collaboration tools, and specific instructions, click here. We are happy to assist in the set-up of any of these applications, if you have not used them in the past; contact our Admin team at the phone number or email below.

GC looks forward to normalizing our processes as soon as safety dictates. Be well and take care of yourselves, your community, and your loved ones. We are here for you professionally and personally, so do not hesitate to reach out.

All the Best,

Ian Grimbleby, President/CEO and Principal
Grimbleby Coleman CPAs
Certified Public Accountants, Inc.
(209) 527-4220