Trusted Advising: The Pros and Cons of Choosing an S Corp: Is it Right for Your Business?
Starting and running a small business can be a challenging and rewarding experience, but one of the most important decisions a small business owner must make is how to structure the company for tax purposes. [...]
Trusted Advising: The Pros and Cons of Choosing an S Corp: Is it Right for Your Business?
Starting and running a small business can be a challenging and rewarding experience, but one of the most important decisions [...]
Trusted Advising: 5 Factors Influencing Cash Flow Optimization
Small business owners are often faced with the challenge of managing cash flow. This can be especially difficult when [...]
Trusted Advising: 7 Ways Small Business Owners Can Manage Stress
7 Ways Small Business Owners Can Manage Stress Managing stress is a challenge, but there are ways to cope. Some [...]
Trusted Advising: These KPI’s Are Greater Than Metrics!
Key Performance Indicators (KPIs) are a type of metric used to measure the success of a specific business goal or [...]
Trusted Advising: Set Your BHAG for 2023!
WTF is a BHAG? BHAG – pronounced “Bee-hag” – stands for "Big Hairy Audacious Goal." It is a term coined [...]
Trusted Advising: As You Prepare For 2023, Don’t Forget Business Estate Planning
What is small business estate planning? Small business estate planning is an important aspect of running a business, but it [...]
Trusted Advising: How Accounting and Football Are Similar
Accounting is a team sport! Accounting and football may seem like two completely different topics, but they actually have more [...]
9 Tips for Managing the Seasonality of Your Small Business
Most businesses are affected by seasonality to an extent. If you're trying to manage a seasonal small business, there are [...]
11/26 is Small Business Saturday! Why it’s important to shop local
Small Business Saturday is 11/26! Small Business Saturday is a day dedicated to supporting small businesses and celebrating their impact [...]
Trusted Advising: Steps to Prepare Your Small Business for the Holidays
The holidays are a busy time for businesses, big and small. To make the most of the holiday season, it’s [...]
Trusted Advising: The Small Business Owner’s Overview of FMLA
What is the Family and Medical Leave Act? The Family and Medical Leave Act (FMLA) is a federal law that [...]
Student Loan Relief: What to know
A quick overview You may be aware that the Biden administration recently introduced a student debt relief plan. This three-part [...]
Federal & The Four States: What are the rules for employee breaks?
Understanding the Rules Around Breaks for Your Employees If you're an employer, it's important to understand the rules around breaks [...]
2023 Tax Brackets: You get to keep a little more money, thanks to inflation.
The IRS Sets 2023 Tax Brackets and Deductibles The IRS has just issued dozens of inflation adjustments to personal income [...]
It’s Spooky Season! So Here Are 7 Chilling Things That Will Scare Your Accountant
October is a time for pumpkin spice lattes, warm sweaters, and scary stories. There are few things more exciting in [...]
Avalanche or Snowball: Which debt repayment strategy is right for you?
Debt Snowball Vs Debt Avalanche - Key Differences Choosing a debt repayment method that works for you is an important [...]
Creative Ways to Promote Your Small Business on a Budget
Marketing your small business can be difficult, especially when you're operating on a shoestring budget. Thankfully, there are many [...]
Are We Heading Towards Recession? Four Ways To Prepare Your Small Business
Preparation, Not Panic. While the CPI is at a forty-year high, this does not necessarily mean that our economy is [...]
Beyond Finance: 6 Ways You’re Hurting Your Small Business (and don’t even realize it)
If you own a small business, you may be making mistakes that you never realize adversely affect your business. However, [...]
CFO Trusted Advising: 3 Ways TSAT’s Financial Forecasting Helps Your Small Business
TSAT's VIP Trusted Advising is a creative, strategic service that helps small business owners achieve their goals. One part of [...]
8 Tax Credits Every Small Business Owner Should Know About
Tax credits and deductions help small businesses by providing a dollar-for-dollar reduction in the amount of taxes they owe. [...]
Hey Small Business Owner, How Does More Time For Family and Quality Lifestyle Sound?
Sounds good right?! Check out how TSAT gives you more time with your family and to focus on the [...]
2022 Inflation Reduction Act: Key Impacts on You and Your Small Business
On August 16th, the Inflation Reduction Act of 2022 was signed into law, enacting several new environment-related tax credits [...]
Small Business Cybersecurity – How to Keep Financial Data Secure and Safe
DYK: 80% of data breaches are caused by human errors. Data leaks are a growing concern in today's world. [...]
5 Small Business Budgets: Which Type is Right For You?
Why is budgeting important? The number one reason the majority of small businesses fail is poor financial management. In [...]
Starting An Online Business? Make Sure You Have Sound Accounting Practices!
As an e-commerce business, you've probably wondered what the best accounting practices are. These practices cover everything from cost of [...]
4 Reasons Why You Should Outsource Your Bookkeeping
In many cases, small businesses do not have the ability to hire a team of experts in their accounting department. [...]
Your Trusted Advisor: Celebrating Client Achievements
Let's celebrate some client successes! And many many smaller but still mighty wins!!! Hope is defined as a feeling of [...]
Financial H.O.P.E. – Celebrating Client Achievements!
Here at TSAT, we are Financial H.O.P.E. Dealers. As Shep Hyken says, "All of your customers are partners in your mission". Our mission [...]
TSAT’s CFO Hourly Advisement
As your small business expands and your company undergoes transformation, you often need the assistance of an external Trusted Advisor. [...]
Small Business Owners: Prospering During an Economic Downturn
Though not guaranteed, the US economy appears to be on the brink of a recession. During a recession, consumers often [...]
Four Tips For Small Businesses to Survive Rising Inflation
The pain of higher prices continues for small business, consumers, basically everyone. Record gas prices drove inflation to 8.6% for [...]
B.A.C.K. Webcast: What is Financial Trauma?
What is financial trauma? If you search financial trauma, this is the definition that pops up... "It is the [...]
From The Vaults: Sole Proprietor Personal CFO!
What is a Sole Proprietor? According to our friends at the the Small Business Administration (SBA): A sole proprietorship [...]
S-Corp CFO, Sole Proprietor Personal CFO, B.A.C.K. – Which Vault is Right For You?
AMBITION IS THE FIRST STEP TOWARDS SUCCESS! Our mission at TSAT is to help you find and achieve your [...]
You’re Invited to TSAT’s 14th Anniversary Party! BBQ & Blues!
You are invited to help us celebrate 14 years of providing accounting solutions and financial services to Joplin and the [...]
What is the difference between an accountant, a bookkeeper, and a tax preparer?
What is the difference between an accountant, a bookkeeper, and a tax preparer? (And which one is right for your [...]
Trusted Solutions: Improve Your Business’s Financial Wellbeing
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business [...]
April is Financial Literacy Month!
National Financial Literacy Month is Celebrated in April! National Financial Literacy Month is an opportunity to spread the word about [...]
Announcement: TSAT has officially relocated!
We have moved!!! It is our pleasure to announce that we are expanding our business with a new office location. [...]
Strategies to Survive a Cash Flow Crunch
You may have heard that cash flow management is one of the most important aspects of building a healthy [...]
Trusted Solutions: S Corp. vs. LLC
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business [...]
What is an S-Corporation?
If you're wondering what is an S-Corporation, this article will help you answer that question. As the name suggests, it's [...]
Trusted Solutions: 5 Major HHA Metrics
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business [...]
Home Healthcare Agency Quality Measures
Quality control is applicable to any kind of enterprise. In fact, it must be applied in every enterprise. - Kaoru [...]
Trusted Solutions: 10 Tax Deductible Expenses Business Owners Need to Know About!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business [...]
10 Tax-Deductible Expenses Business Owners Need to Know About
A business owner, you can deduct expenses incurred for the ongoing operation of the company, such as advertising costs. [...]
TSAT’s Trusted Solutions: MO Gas Tax Refund
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business [...]
Hey Missourians, find out if you qualify for the refund on state gas tax!
Who Qualifies? In October 2021, Missouri’s statewide fuel tax increased from 17 cents per gallon to 19.5 cents per gallon. [...]
TSAT’s Trusted Solutions: TSAT’s Core Values
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business [...]
Looking for a New Accounting Solution? Don’t Overlook Customer Support
At TSAT, We Pride Ourselves On Customer Service If you are shopping for a new accounting solution, you should consider [...]
TSAT’s Trusted Solutions: 4 KPI’s Every HHA & Hospice Agency Must Watch
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner [...]
Home Health & Hospice Agencies: 4 KPIs Every Agency Must Watch
Home Health & Hospice Agencies: 4 KPIs Every Agency Must Watch Metrics are an important tool for any organization, including [...]
How To Avoid IRS Scams This Tax Season
It is very important to know how to avoid tax season phone and online scams. These criminals constantly try to [...]
TSAT’s Trusted Solutions: The Profitability Formula for Dentists!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner [...]
Practice Overhead: How to Measure and Use This Important KPI
Why Measure Overhead? One of the most important KPIs for small medical practices, home health agencies, and dentists are their [...]
TSAT’s Trusted Solutions: 10 Key Performance Indicators Every Dentist Should Know
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner [...]
Why KPI’s Are So Important For Your Medical or Dental Practice
In the world of healthcare, KPI's are crucial to the long-term success of any medical practice. While revenue is an [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner [...]
2022 Taxes: Key Dates and Deadlines You Need To Know
We're nearly 3 weeks into the new year, and as we look forward it's time to mark some significant dates [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner [...]
3 Amazing Benefits of TSAT’s Elite CFO Services
Did you know...only around 40% of small businesses have a CFO or controller. However, it is estimated that a [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner looking [...]
4 Ways to Start the New Financial Year Strong
There are many ways to start the new financial year strong, and many business owners fail to take advantage of [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner looking to [...]
6 Ideas For a More Effective & Efficient A/R Collection Process
As a small business owner you have to be creative, that mindset also applies to small business accounting. Sometimes, the [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner looking to [...]
Year-End Accounting Tips For Your Small Business ✔
Small business accounting can get complicated and overwhelming for a small business owner. Let TSAT take those tasks off [...]
Small Business Saturday – Why It’s Important to Shop Local on 11/27!
Shop Local. Support Joplin Small Businesses! Small business Saturday is November, 27th! Small Business Saturday is an [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: If you are a small business owner looking to [...]
How Does Quality Control Play Into Small Business Accounting?
Quality is not an act, it’s a habit. Managing the accountancy, bookkeeping, and financial aspects of a small business can [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: Hidden expenses directly impact your bottom-line. If [...]
Hidden Expenses Costing Your Small Business
Hidden expense can be a burden to a small business owner's time and bottom line. Hidden expenses [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: 5 Benefits of Buying an Investment Property [...]
So you’ve bought your first rental property, is it a business or an investment?
Well, let's find out! Whether you own a single family home or multi-unit apartment building, correctly classifying and positioning your [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: These reports and statements are critical to running [...]
Small Business Cash Flow & Reconciliation
Cash flow data is a key component of the preparation of financial statements used by small businesses. Cash [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: TSAT's Trusted Solution for the Gig Economy! [...]
Accounting for the Gig Economy
Last week we broke down the differences between employees and contractors, this week we'll dive a little deeper into worker [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: Accounting With TSAT is the Trusted Solution!!! [...]
Employees, Contractors, and Your Small Business!
For small business owners, it is critical to correctly determine whether the individuals’ providing services are classed as employees or [...]
The Importance of Having an Up-to-Date Business Balance Sheet
Why your small business needs an accurate and up-to-date balance sheet. Henry Ford said: “the two most important [...]
TSAT’s Trusted Solutions: Quick Tips For Your Small Business Accounting!
Accounting With TSAT is the Trusted Solution! This Week's Trusted Solutions: Accounting With TSAT is the Trusted Solution!!! [...]
Contractors, 1099s, and Your Small Business!
Does Josh the builder get a 1099-MISC or 1099-NEC? Contract work has grown consistently over the last decade. A business [...]
5 Small Business Accounting Mistakes You’re Probably Making
We all make mistakes. (except my spouse) It only becomes an issue when you start to make the same [...]
4 Topics to Discuss with a Small Business Accountant (Besides Taxes)
Do you only call your accountant during tax time? How often, if ever, have you reached out to your accountant [...]
Overcoming Home Healthcare’s Unique Financial Challenges with TSAT!
TSAT Specializes in Home Healthcare Agency Financial Services! The healthcare and home healthcare industries are ever-changing. If you [...]
Why Your Small Business Should Outsource Payroll
For many small business owners, managing payroll is often a daunting task. This task can become even more challenging when [...]
What is Financial H.O.P.E.? – Part 4: Empowerment
Famed entrepreneur and motivational speaker, Jim Rohn, once said, “Don’t let your learning lead to knowledge. Let your learning lead [...]
What is Financial H.O.P.E.? – Part 3: Planning
When it comes to Financial H.O.P.E., we’ve already stressed the importance of Honesty and Opportunity. What’s next in the H.O.P.E. [...]
What is Financial H.O.P.E.? – Part 2: Opportunity
What is opportunity? In H.O.P.E. terms, opportunity is exploring any and all factors that create a pathway to change your [...]
What is Financial H.O.P.E.? – Part 1: Honesty
Last week, we introduced our new financial H.O.P.E initiative! This week, we want to dive a little deeper into what [...]
What is Financial H.O.P.E.?
With the world still reeling from a once-in-a-century pandemic and the lingering economic uncertainty, many people are unsure about how [...]
TSAT’s Core Values
The Core Values of a business can be the driving force behind a company's direction and the purpose of its [...]
3 Tips for Debt Management
In these times, most people of all ages have some form of financial debt. Ranging from credit cards to student [...]
6 Tips for Filing Your First Tax Return as a Small Business Owner
We all know 2020 was a crazy year. However, many entrepreneurs took a leap of faith and started their first [...]
11 Surprising Stats About Small Business Accounting
If you are like many small business owners, accounting has become more complex due to ever-changing laws and regulations related [...]
TSAT’s Elite CFO Services
Did you know...only around 40% of small businesses have a CFO or controller. However, it is estimated that a CFO [...]
TSAT and Your Dental Practice
Did you know over 60% of small business owners feel they are not deeply knowledgeable about accounting or their [...]
The Difference Between TSAT and B.A.C.K.
Last blog we introduced TSAT Accounting Solutions and their amazing services. But if you’re ever driving down 7th street [...]
Check out TSAT’s New Website and Blog!
Check out TSAT’s New Website and Blog! We are excited to launch our redesigned website as well as some exciting [...]