CFO2U

Are you familiar with Beneficial Ownership Information (BOI)? In 2021, Congress passed the Corporate Transparency Act which requires businesses to file Beneficial Ownership Information (BOI) by January 1, 2025. Many business owners are unaware of this new requirement. It is our goal to make sure small business owners understand BOI and file on time. Failing to file can result in penalties of up to $591 per day or criminal penalties, including fines of $10,000 and/or up to two years imprisonment. Please take a few moments to review the new regulations and make a plan for filling. 👉 Read our guide to understanding BOI requirements → https://zurl.co/1Pyt 👉 Get assistance on BOI filing from CFO2U. Talk to us about discounts for businesses impacted by Hurricanes Helene and Milton. → https://zurl.co/Vreg Do not overlook this important requirement. Our team is here to help file your information correctly and on time so you can protect your business and yourself.

Our hearts are with people on the west coast of Florida and in the south-eastern part of the United States in the wake of Hurricanes Helene and Milton. We understand the toll a disaster takes on business owners, and we are here to help. We’ve curated a list of resources to help you recover and protect your business. Please contact us if we can help you navigate these challenging times. Together, we will get through this, rebuild, and rebound! https://zurl.co/3Yfq

CFO2U is a team of trusted financial advisors who make it our business to help you succeed at your business. Our leadership team includes some of the brightest minds in business finance, including Kristine Wing! Kristine Wing found her way to accounting because she saw it as a great way to help people reach their goals. She loves being able to make a difference in people’s lives. Before joining CFO2U, Kristine was an assistant controller/treasurer at a local bank and a staff accountant at Baker Tilly US. She graduated from the University of Wisconsin – Whitewater with a master’s of professional accountancy and a bachelor’s of business administration. As a CPA, Kristine supports CFO2U clients by offering expertise in financial reporting and accounting processes and systems. We’re so grateful to have a leader like Kristine on our team! Learn more about Kristin and the rest of our leadership team here → https://zurl.co/gMQE #CPA #Bookkeeping

Are you going to the Women In Business Expo hosted by Working Women of Tampa Bay? If not, now is your chance to register to attend. Sign up now for a full day of meeting and learning from female entrepreneurs in the Tampa Bay area. And, stop by to see the CFO2U team! As a female-owned and led company, we’re proud to be an event exhibitor. We can’t wait to see you there! https://zurl.co/LssG #Tampa #TampaBay

Mark your calendars! The 2024 STCOC Business Expo & Networking Night is right around the corner. Make a plan to attend and stop by to see our team! CFO2U is proud to be an event exhibitor. Join us and hundreds of local professionals for an evening of networking, good conversation, light bites, entertainment, and prizes! The free event is hosted by the South Tampa Chamber. When: Wednesday Oct. 2, 2024 4:00 PM - 7:00 PM EDT Where: The Gathering at Armature Works 1910 N Ola Ave Tampa, FL 33602 Tickets: https://zurl.co/OWyJ #Tampa #SouthTampa #STCOC

Poor bookkeeping practices can create chaos during tax season. When your books are inaccurate or incomplete, it can lead to: 🚩Higher tax liability (paying more in taxes!) 🚩Fees and fines 🚩Higher likelihood of an audit 🚩Extra hours of work At tax time, bad books increase your stress while wasting your time and money. If you aren’t sure how bad bookkeeping is directly related to tax problems, here are some examples to show you how brushing bookkeeping to the side can cost you peace of mind and cash in the bank. https://zurl.co/gReZ #Bookkeeping

⏰Reminder: Q3 Quarterly Taxes are due on or before September 15, 2024. Not sure how much to pay? You don’t want to get stuck with an unexpected tax bill at the end of the year. Make sure you have paid the right amount. Schedule a call with our team to see how we can help you develop an accurate estimate for your tax liability in 2024. https://zurl.co/yn9R

Changes are coming to QuickBooks. Is your business ready? As of September 30, QuickBooks will no longer sell new subscriptions to: 🟢QuickBooks Desktop Pro Plus 🟢QuickBooks Desktop Premier Plus 🟢QuickBooks Desktop Mac Plus 🟢QuickBooks Desktop Enhanced Payroll What does this mean for you? 👉If you are using a subscription version of QuickBooks Desktop Pro, Premier, or Mac and wish to remain on Desktop, you do not need to take action. Existing customers will continue to be able to renew their subscriptions. 👉If you are using a non-subscription version of QuickBooks Desktop Pro, Premier, or Mac and wish to remain on Desktop, we recommend you purchase a QuickBooks Desktop Pro Plus, Premier Plus, or Mac Plus subscription before September 30, 2024. This will ensure you receive critical security updates. 👉If you are using a version of QuickBooks Desktop, now may be a good time to move to a version of QuickBooks Online. We always advise clients to use QuickBooks Online over Desktop (we wrote a whole post about it → https://zurl.co/YF9b). And changing is easy. If you feel like it’s time to make the move to the future of business accounting, let us know. You can easily switch from Desktop to Online and keep all of your records and data without missing a beat. Talk to our team about how we can migrate your Desktop QuickBooks to QuickBooks Online.

Have you ever looked at your business accounting and wondered... Is this correct? Am I doing this right? Should I be doing more? Many business owners ask themselves these questions. You are a business owner, not an accountant, so it's no surprise if you don't know exactly what bookkeeping and accounting tasks your business needs. Thankfully, the CFO2U team is here to help! Use this guide to see which bookkeeping and accounting tasks you should be doing to keep your business on track for more growth and profitability. https://zurl.co/XHIr

Hey business owners, does this sound familiar? ✅You spend too much time on bookkeeping and accounting tasks. ✅You don’t have consistent financial systems or processes. ✅Only one person knows how to manage your accounting. ✅You never know how much money is in the bank. ✅You scramble every year at tax time. ✅You love your business, but not working on your books. If this sounds like you, you aren’t alone. Many business owners try to manage their bookkeeping on their own for as long as they can, even when it creates problems in their business (and in their life). But thankfully, there is a way out. Outsourced bookkeeping allows business owners to pass monthly financial tasks over to a part-time partner who can offer expert support at an extremely affordable price (you can start at just $300/month). If you want to see how an outsourced bookkeeper can support your business, get the full story here. Download our free guide to see how you can free up time in your business (and life) with the support of a part-time bookkeeping team. https://zurl.co/DSkB #SmallBusiness #Bookkeeping