Cash Flow Management

In this Economy “Cash is King”… We’ll Make Sure You Are Positioned Right.

Understanding when, where, and how your cash needs are being met is crucial to owning a successful business. If your cash-in exceeds your cash-out, life is good. When cash-out exceeds cash-in, however…

The successful small business owner knows to spend more time on work means generating more profit. Leave the tedious, time-consuming job of bookkeeping and accounting to the professionals!

Our cash flow management services will help you conquer cash worry once and for all. We will help you identify your cash needs, with a solid understanding of when and how they will occur, as well as show you how to build good relationships with banks and creditors so that you have resources available to you when that crash crunch occurs.

Our cash management services will benefit you by…

  • Helping you develop a cash flow projection. We can show you how to manage daily cash through short-term (weekly, monthly) cash flow projections, as well as how to develop the necessary capital to manage your long-term (annual, 3-5 year) needs.
  • Developing historical cash flow projections so that you can see exactly where your cash has gone, learning where you can better utilize your cash for future action.
  • Helping your business through the development of accelerated collection techniques.
  • Tips for receiving the maximum rate of return on any idle cash.

Let Us Help:

529 College Savings Plan: The Tax Savvy Option for Worcester County Families

The government likes to pat itself on the shoulder anytime it sort of gets things right. This year, post-tax season, they’re preening over the new, free IRS Direct File program. It did come in under budget and seemed to work for the scanty 114K people who...

Federal Student Aid & Other Things Worcester County Parents Should Discuss

Ever heard of the 5-hour rule? It’s where you devote an hour a day to learn, think, and reflect. It’s a common practice among a lot of well-known, successful people, including Oprah Winfrey and Elon Musk. Learning something an hour a day doesn’t...

Accounting Solutions, Inc’s 2024 Tax Season Gratitude List-Topper: YOU

That’s the bell marking the end of the 2024 tax season (with a few exceptions). Yes, we’re pretty whipped over here at Accounting Solutions, Inc. Every tax season brings its own challenges, and there were definitely a few for us in the 2024 tax season. But…...

Jay Walia’s Insights on Being a Financial Caregiver

And just like that, Tax Day is a week (or less, depending on when you’re reading this) away. Remember back in January when I said it would be here before you could blink?If you’re one of those who are waiting until the last minute, and my reminders haven’t been enough...

Jay Walia’s Guide to Filing an IRS Tax Extension

Did you experience any good April Fool’s jokes this week? I always love to hear about a good prank.Here’s one that’s actually not a joke (sorry)... We’re in the final stretch leading up to the April 15th personal filing deadline.It’s our Game 7 around here, and we’re...

10 Life Change Events You Should Share with Your Worcester County Tax Pro

Three weeks. Yeah, that’s roughly how long until April 15. If you’ve already filed your return, don’t check out – today’s article will help you know if you need to do things differently on next year’s return.But if you haven’t yet prepared your taxes… well, you’re...

3 Common Tax Return Mistakes Worcester County People Can Easily Avoid

According to a survey by the American Cleaning Institute, 80% of Americans plan to spring clean this year.What’s funny is that same percentage of people would rather spring clean than take care of their taxes.I get it.While I understand that sentiment (taxes take...

5 Income Tax Deductions Worcester County Taxpayers Overlook

Are we out of the inflation hole yet? (A curious mind wants to know…)Well, according to the Fed, they’re waiting a little bit longer to confirm that. The good news for now is no new interest rate hikes and maybe even some cuts down the road. That spells good...

Accounting Solutions, Inc’s Top Tax Credits for a Newly Single Parent List

Last week, the IRS debunked some myths on 1099-K reporting. Remember, the IRS is planning to phase into the $600 reporting threshold for PayPal, Venmo, et al. Here’s how that breaks down (as of this writing): - Nothing will change for 2023. The threshold is still 20K...

Jay Walia’s Practical Guide to Stop Getting Spam Email

I hate to be THAT person (you know, a nag) but because we’re about to enter March, I want to put this reminder in front of you yet again: time to get your 2023 taxes filed. April 15 is about 6 weeks away. It seems like plenty of time but also not enough to take...

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Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

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