Blog2017-10-19T22:48:41+00:00

Opsahl Dawson Blog

8 Ways to Maximize Your Year-End Planning in 2019

Making strategic financial decisions for your business today can help minimize your tax burden at year-end. Finish 2019 strong by investest strategically in your business and your future.  Here are 8 best practices for year-end planning. 1. Ensure your financial records are accurate The best business decisions are informed by reliable data. Every business should reconcile its finances at least once annually to ensure accuracy. Consider an outsourced controller [...]

By |November 6th, 2019|Categories: Finance|

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 of bookkeeping, and personal asset protection are just a few reasons to separate your personal cash from [...]

By |August 28th, 2019|Categories: Finance|

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. Hire an accountant with the qualities and skills to [...]

By |August 10th, 2019|Categories: Accounting, CPA|

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 mind while you’re reading this guide that [...]

By |May 16th, 2019|Categories: Finance|

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 choose each option. [...]

By |March 25th, 2019|Categories: Accounting, CPA|

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 tax liabilities. 3 Key Tips & Top Takeaways In [...]

By |February 27th, 2019|Categories: Accounting, Tax Return, Taxes|
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