Business Intelligence Resource Center • Chris Hervochon CPA

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

By Chris Hervochon, CPA, CVA | March 15, 2019 | Comments Off on The Democratization of Analytics & Automation: The Cloud has Changed the Landscape
Analytics, data and the cloud has dramatically changed accounting

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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4 Ways To Get an IRS Audit

By Chris Hervochon, CPA, CVA | March 4, 2019 | Comments Off on 4 Ways To Get an IRS Audit
IRS Audit

If I had a nickel for every time a client asked me about IRS audits, I would still have to prepare tax returns for a living, but I’d definitely be able to afford a round of Happy Meals for my kids. Everybody is terrified of an IRS audit, partly because they imagine an audit as …

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8 Tips to Make Tax Season Painless

By Chris Hervochon, CPA, CVA | February 18, 2019 | Comments Off on 8 Tips to Make Tax Season Painless
receipts, spreadsheets, calculators for tax preparation season

No surprise here. Tax season is often approached with a heightened sense of hesitation, stress and even dread. Fortunately, with a bit of effort, you can minimize the complications that tax season often brings. Can you imagine finishing your taxes before March? With the right organization and a qualified CPA, it is completely possible. Here …

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5 Considerations When Developing Business Goals

By Chris Hervochon, CPA, CVA | February 4, 2019 | Comments Off on 5 Considerations When Developing Business Goals

Have you set yourself up for success this year? It’s time to get started. With the holidays and the Super Bowl behind you, it’s time to get clear about your goals for the coming period.  January 1st is an arbitrary date for many business owners.  While the New Year comes with a sense of renewal …

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What should you consider before hiring?

By Chris Hervochon, CPA, CVA | January 31, 2019 | Comments Off on What should you consider before hiring?

Are you thinking about hiring somebody, or thinking that you have a need to hire somebody? In this week’s episode, I will discuss 3 things you should consider before going about your hiring journey. Show Notes: Link to Wayfinder: https://www.betterwaycpa.com/wayfinder/ Relevant Quora post about Wayfinder: https://www.quora.com/What-are-some-great-questions-for-a-client-strategic-planning-session/answer/Chris-Hervochon Relevant Quora post about cash flow: https://www.quora.com/What-clued-you-in-that-the-business-you-were-running-was-about-to-close-Even-when-upper-management-owners-denied-the-possibility/answer/Chris-Hervochon Fyre Festival …

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Should You Hire a Year-Round CPA?

By Chris Hervochon, CPA, CVA | January 21, 2019 | Comments Off on Should You Hire a Year-Round CPA?
A person ponders over their finances with a day planner

Why wait until tax season to meet your financial goals? The current landscape… Intuit, makers of TurboTax and QuickBooks, are making a big splash this year by offering CPAs on-demand as you’re filing your tax return. If you watched either of the NFL games this weekend (the Patriots…again?…ugh…), then you know exactly what I’m talking …

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Why You Need a Next Gen CPA

By Chris Hervochon, CPA, CVA | January 21, 2019 | Comments Off on Why You Need a Next Gen CPA

In this episode of Talk of The Town I discuss how business owners can leverage technology in the cloud to drive better results. I also discuss dashboards a bit further, and show an example of what a dashboard is. Speaking of which, have you seen the demo dashboard? Check it out here.

5 Ways The Government Shutdown is Affecting Tax Season

By Chris Hervochon, CPA, CVA | January 7, 2019 | Comments Off on 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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The Benefits of Outsourced Accounting

By Chris Hervochon, CPA, CVA | December 31, 2018 | Comments Off on The Benefits of Outsourced Accounting

As a business owner, you need to know your numbers. Ever seen The Profit?  As a business owner you need to know your numbers, and if you’ve ever seen the show, you know that nothing frustrates Marcus more than when business owners don’t know theirs.  A CPA like me can help with that. On this …

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25 Accounting Terms Explained For The Layman

By Chris Hervochon, CPA, CVA | December 24, 2018 | Comments Off on 25 Accounting Terms Explained For The Layman

The situation… You’re having a conversation with your accountant, and you have know idea what they’re talking about.  They’re using terms you’ve never heard before, and quite frankly, it’s confusing.  You just want them to interpret your numbers, and/or tell you what to do to make your situation better. Whether you’re a business owner who …

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