Accounting Archives · Chris Hervochon, CPA, CVA LLC

Accounting

marketing agency improvements without capital

How to grow a marketing agency without additional capital

When it comes to improving your business, monetary infusions aren’t always feasible, especially during economic downturns like the COVID-19 shutdown. Don’t let that stop you from finding ways to improve your marketing agency. There are a variety of ways to improve your marketing or creative business without additional capital or expense. Our CPA firm uses …

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Agency Accounting 101 with Chris Hervochon

Agency Accounting 101 with Chris Hervochon – Episode 27

The Agency Profit Podcast In this episode, Chris Hervochon from Better Way CPA shares his expertise and passion for running a service-based business and how to make it successful with having clean and accurate accounting records. This episode also tackles why agencies need to hire accounting experts and use accounting software to keep track of …

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R&D Tax Credit and Marketing Agencies

R&D Tax Credit: What is it and how do marketing agencies qualify?

The Research and Development (R&D) Tax Credit can be tricky to navigate.  This tax credit is intended to assist companies who are investing money back into their own firm. It is a dollar-for-dollar offset against tax liabilities that allows for unused credits to be carried forward for up to 20 years. It is also an …

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Analytics, data and the cloud has dramatically changed accounting

The Democratization of Analytics & Automation: The Cloud has Changed the Landscape

This article appeared in the South Carolina Association of CPAs. A version of this article appears in the Q1 2019 edition of South Carolina CPA Report magazine. The democratization of data-gathering and advanced analytics has arrived. What exactly does that mean for firms? Data and analytic democratization is more than Bank Rules inside of QuickBooks …

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5 Ways The Government Shutdown is Affecting Tax Season

The Government Shutdown Whelp… Here we are, January 7th, and the #GovernmentShutdown continues with no end in sight.  The government shutdown began at midnight EST on Saturday, December 22, 2018, so today will make day 17 of the shutdown.  Certainly the shutdown is affecting millions of Americans, and from a tax preparer’s point of view and a …

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