Are you financially ready for EOTF upgrades?
McDonald’s owner/operators are facing some of the most significant changes to their business than at almost any other time. McDonald’s is pursuing a historic upgrade to all its restaurants – starting with the Major Remodel Program and capped off with the Experience of the Future that requires infrastructure investments geared toward changing technology, customer experience […]
Back Office Solutions key to efficient business
William Washington has been a McDonald’s owner/operator for 18 years and recently became a client of Sparkmon & Associates, CPAs. “I wish I had gone with your firm a long time ago,” Washington said. The best thing, he said, is that he can always get an answer to any question he has. “Whenever I call, […]
Use the Cloud to power productivity in your business
Sometimes it’s not so bad to have your head in the clouds – especially if it means making your office run more efficiently. Cloud technology has become a valuable tool for driving productivity and efficiency for many business operations. The Cloud is a great resource to save data in a secure off-site location that can […]
Proper documentation protects you and your employees
With a renewed focus on immigration enforcement by the federal government, now is a good time for employers to make sure all employee records and hiring practices comply with the law. A recent article in Nation’s Restaurant News examining the impact the current political environment could have on immigration and restaurant operators quoted Dani Bennett, a […]
Get credit where credit is due
The federal government offers certain small business incentives for hiring at-risk employees in hopes of giving those workers a more solid footing in pursuing careers. One of those tax credits – the Work Opportunity Tax Credit – is aimed specifically at employees from the following targeted groups: Long-term family assistance recipients; Qualified recipient of Temporary […]
Tax deductions can be silver lining behind storm clouds
The Southeast was plagued in 2016 and at the beginning of 2017 with natural disasters that resulted in the loss of business and property. Hurricane Matthew struck the East Coast in early October, impacting the coasts of Florida, Georgia, South Carolina and North Carolina. Throughout November, wildfires raged in North Carolina and in north Georgia. […]
Check your mileage
The standard mileage rate for business purposes has dropped slightly for 2017. According to the IRS, the standard mileage rates beginning Jan. 1, 2017, for the use of a car, van, pickup or panel truck will be: 53.5 cents per mile for business miles driven, down from 54 cents in 2016; 17 cents per mile […]
Don’t be a victim of payroll service fraud
Payroll service providers are useful for just about any business owner who wants to ensure that filing deadlines and deposit requirements are met. They certainly can streamline business operations – if the right one is used. We recommend using a payroll service provider, but not all providers are created equal. The first thing to remember […]
How to respond to a Marketplace notification
What should you do if you receive an Affordable Care Act Marketplace notification informing you that some of your employees had applied for coverage on the healthcare exchange and are eligible for a subsidy? Consider the situation where two of the employees were offered coverage during annual enrollment while the third was not eligible due to working […]
Understanding Your Financial Position
Please join us for the first of our 2016 Summer webinar series. The first webinar, “UNDERSTANDING YOUR FINANCIAL POSITION”, will be all about Ratios – three financial measures to live (or die) by. Our goal is to provide the training you need to be a successful business owner. JUNE 15, 2016 10:00-11:00 AM EASTERN REGISTER […]