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The Hultquist Blog

How Much Do Small Business Accounting Services Cost?

Before you can gauge how much do small business accounting services cost, you have to ask yourself a few questions first. I say this because the cost can vary widely, depending on what you want and what you need. When pricing the various small business accounting providers, answer the following questions first: Do you just […]

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Small Business Accounting Services – What to Know Before You Look

When looking for small business accounting services, there are a few things you need to determine before you start looking. First, small business accounting services can come in all shapes and sizes, so you need to determine what exactly you need and want. Do you need simple data entry with no regard to accuracy? Do […]

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Top 5 Mistakes To Avoid When Choosing Small Business Accounting Services

I see it all the time…small business owners making mistakes when choosing small business accounting services. In the life cycle of a business, it makes sense to outsource your accounting and bookkeeping when you reach a certain point. When you start your business, you have some extra time to do the accounting, and this makes […]

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What to Look for When Choosing Bookkeeping Services in Greenville SC

Many small businesses looking for bookkeeping services in Greenville, SC need to first determine what their need is in their business. Bookkeeping services can vary widely in Greenville SC, so you need to understand the primary differences between a bookkeeper, an accountant and a fractional CFO. A bookkeeper generally does data entry into a program […]

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How to Hire a Bookkeeper in Greenville

Many small business owners in Greenville, whether they are just starting out or have been in business, end up wanting to hire a bookkeeper to keep track of their finances. I can say, however, that the #1 mistake I see business owners make is not understanding what they really need. Let me explain: A bookkeeper […]

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5 Business Tax Planning Ideas To Ask Your CPA About Before Year-End

If your CPA has not approached you yet about year-end tax planning, you may have to approach them to get the ball rolling. Here are 5 tax planning ideas to bring up that could save you some money… -New 20% deduction – many businesses will qualify, but many won’t. This is especially true for service […]

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Do You Have a “Qualified Business” for the Angel Investor Tax Credit?

In 2013, South Carolina passed the High Growth Small Business Job Creation Act, otherwise known as the Angel Investor Act.  This Act allows angel investors a South Carolina state tax credit on up to 35% of its qualified investment in a “qualified business.” From an investor standpoint this is a great deal…and it is a […]

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A Simple Way to Spot Issues in Your Financial Statements

Most CPA’s seem to start with the assumption that a business owner should know how to read a financial statement. When a client has a question about their business or cash flow, a CPA’s typical response is “well, you need to review your financial statements each month.” I’ve worked with enough business owners to understand […]

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You May Now Get The Lucrative 20% Pass-Through Tax Deduction

Under the Trump Tax Law, certain service businesses were excluded from the new 20% Pass-Through Deduction. More specifically, businesses that make more than a certain amount of income, and were in the following fields: health, law, accounting, actuarial science, brokerage, financial services, performing arts, athletics, consultants, AND any other trade or business where the principal […]

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Uncovering Customer Needs & Wants

When you are in business, it’s understandable that you want to make sales.  You have to make sales to make a profit and pay your employees, overhead, etc. Most customers, when they come to you, have certain needs. In our case, it might be a tax return or accounting, or an audit, for example. And […]

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