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So far opsahlco has created 22 blog entries.

The Importance of Separating Business and Personal Finances

Do you have a financial firewall between you and your business?

Whether you’re an entrepreneur who’s just starting up or a small business owner who’s been chugging along for a while, nothing is more important than separating your business and personal finances.

Why should Washington business owners be concerned about keeping these finances separate? Legal liability, ease […]

By |2019-08-28T15:45:56+00:00August 28th, 2019|Finance|Comments Off on The Importance of Separating Business and Personal Finances

How to Hire the Right Accountant for Your Small Business

Hiring an accountant is all about finding the right “fit”

You’re an expert at running a small business. But managing your books, taxes, and financial statements could be another story. An accountant is a vital partner in your business venture, helping you “crunch the numbers” and ensure your business is moving on a path toward financial success.

But don’t risk working with just anyone. […]

By |2019-08-28T15:30:40+00:00August 10th, 2019|Accounting, CPA|Comments Off on How to Hire the Right Accountant for Your Small Business

Small Business Financing Guide

Financing is one of the most confusing aspects of starting or growing your business. There are a lot of directions you can go, all with positives, negatives, and different responsibilities.

In this small business financing guide, we’ve tackled some of the major financing options available to most small businesses. These are great tools for both starting a business, and taking it to the next level.

Keep in […]

By |2019-05-16T16:23:11+00:00May 16th, 2019|Finance|Comments Off on Small Business Financing Guide

CPA or Software? A Guide to Choosing The Right Option For You

If you own or operate a business, chances are you either have or will soon be deciding whether or not your business needs a CPA. The answer to this question is an important one to consider as you bring your business into the future, and the answer is not always clear.

In this month’s post, we’ll outline the benefits of both options and when you should […]

By |2019-03-25T19:36:23+00:00March 25th, 2019|Accounting, CPA|Comments Off on CPA or Software? A Guide to Choosing The Right Option For You

Sierra Eckman Featured in Vancouver Business Journal

Recently, Sierra Eckman, Opsahl Dawson Shareholder and CPA wrote a column in the Vancouver business journal. If you’re planning on buying or selling a business in 2019, it’s a must-read!

In the article, you’ll learn strategies for planning and executing the transfer of a business. Sierra weighs the pros and cons of stock and asset transactions, as well as more advanced topics like depreciation and […]

By |2019-02-27T21:34:45+00:00February 27th, 2019|Accounting, Tax Return, Taxes|Comments Off on Sierra Eckman Featured in Vancouver Business Journal

Accounting 101: A Guide for New Businesses

Are you an entrepreneur starting a new business in Vancouver?

We meet with many local business owners who have so much creativity, drive, and passion for their new venture — it’s inspiring! However, not everyone puts enough consideration toward the financial and legal aspect of their business.

From business entity selection, audits, taxes, payroll, bookkeeping, deadlines, and more, there is a lot to understand and do! We’re […]

By |2018-11-19T18:57:05+00:00November 19th, 2018|Accounting|Comments Off on Accounting 101: A Guide for New Businesses

Retirement Plan Contributions Guide

Retirement plans are confusing financial accounts that many people don’t fully understand. Learning the ins and outs of each plan can help you maximize returns, save money, and set yourself up for the future.

This blog post will help:

  • Individuals evaluating or choosing their retirement plan
  • Businesses and self-employed individuals researching different retirement plan options

What is a retirement plan?

Retirement plans are financial […]

By |2018-10-22T19:51:52+00:00October 22nd, 2018|Finance|Comments Off on Retirement Plan Contributions Guide

Expensing Assets: How the Tax Cuts & Jobs Act Changed Depreciation

At the end of 2017, President Trump implemented the Tax Cuts and Jobs Act – the most extensive tax reform measure in over 30 years. This new legislation means big changes for business owners, but perhaps none quite as impactful as the update to depreciation – that is, the ability to expense 100% of certain assets.

Here at Opsahl Dawson, our team of experienced CPAs […]

By |2018-06-22T19:58:50+00:00June 22nd, 2018|Finance, Taxes|0 Comments

How the 2017 Tax Reform Will Affect Small Businesses in Washington

The 2017 tax reform legislation affects more than just C Corporations– it also means changes for small businesses here in Washington and throughout the US. Are you aware of these changes and how they can save you money?

The team at Opsahl Dawson is here to help you navigate the waters. In this article we’ll use a fictional example of Goldilocks, a hair salon owner, […]

By |2018-02-12T20:42:25+00:00February 1st, 2018|Tax Return, Taxes|0 Comments

9 Mistakes Made by Do It Yourself (DIY) Accountants

Many small business owners don’t think they need a Certified Public Accountant. Everyone has filed a tax return and has a bank account. How hard can it be? Unfortunately, DIY accounting can lead to bad news for you and your business. The experience and expertise of a CPA is important for making sure that your business is prepared to succeed.

Below we’ll talk about 9 of […]

By |2018-02-01T23:09:26+00:00January 11th, 2018|Accounting, CPA, Finance, IRS, Tax Return, Taxes|0 Comments
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