Kelley Gamble, CPA

06/02/2023

Money trouble can quickly put a damper on your business ambitions, but there are pitfalls you must be mindful of if you want to keep the finances healthy. From miscalculations to planning mishaps, here and some common cash flow mistakes that should always be avoided for successful enterprise growth.

To schedule a consultation, contact us at (502) 514-5272.

Cash flow is crucial to the survival of your business. Managing money is an essential skill that every entrepreneur must hone as their business grows, but cash flow challenges can arise for a variety of reasons. Cash flow issues can be caused by miscalculations, forced growth, problems collecting pa...

05/31/2023

The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life. Depreciation represents how much of an asset's value has been used. It allows companies to earn revenue from the assets they own by paying for them over a certain period of time. Using the straight-line method is the most basic way to record depreciation. It reports an equal depreciation expense each year throughout the entire useful life of the asset until the entire asset is depreciated to its salvage value. Do you have questions? We have the answers! Talk to us at (502) 514-5272.

05/30/2023

Each organization has a culture, whether it was crafted intentionally or not. A strong company culture encompasses your company’s core values and those of your employees. Ideally, the established culture will accurately represent your business’ mission and character. Approximately, 88% of employees believe that positive workplace cultures are important to the overall success of a business. This is something to keep in mind when determining what kind of company culture you want to create. To schedule a consultation, contact us at (502) 514-5272.

05/29/2023

A zombie debt an old debt that is no longer legally enforceable but that suddenly has new activity from a collection agency. You may feel compelled to make a payment; however any amount, even a small one, restarts the statute of limitations. This will give the collection agency more time to sue. Before making a decision about whether to pay a zombie debt, request proof of the debt in writing. To schedule a consultation, contact us at (502) 514-5272.

05/26/2023

If you’re a parent, you may want to teach your children personal finance skills but not know where to begin. How can you get your kids started down the path toward financial independence? Here are some tips to help you get started:

You've got questions and we've got answers! Call us at (502) 514-5272.

It’s never too early to start teaching your kids about personal finance. Teaching children money management skills at a young age allows them to build a solid foundation of financial literacy. When children master concepts like budgeting, saving, and debt while the stakes are still relatively low,...

05/24/2023

The difference between a CPA and an accountant is that a CPA that is licensed by meeting state requirements, completing their educations courses, experience, and passing the CPA Exam. To schedule a consultation, contact us at (502) 514-5272.

05/23/2023

As a business owner, staying on top of your business’ books is one of its essential keys to success. To ensure that your records are accurate from the moment your company is born, follow these helpful bookkeeping tips. We are here help alleviate the pressures of accurate and up-to-date accounting off you! Give us a call today at (502) 514-5272.

05/22/2023

Pay transparency occurs when an employer provides information about compensation. Laws requiring employers to comply with pay transparency standards are now gaining traction throughout the United States, with eight states and six local areas enacting legislation since 2020. The following states have pay transparency laws in place: California, Colorado, Connecticut, Maryland, Nevada, New York, Rhode Island, and Washington. To schedule a consultation, contact us at (502) 514-5272.

05/19/2023

Are you an American living and working abroad? Don't be caught off guard - familiarize yourself with the IRS rules concerning foreign earnings. Get answers to some common questions related to taxes so that your finances remain compliant!

For all your tax-related questions, contact us at (502) 514-5272. We'd love to help you!

For many Americans, the prospect of working abroad is as exciting as it is burdensome. While moving to a new country for work presents exciting new experiences and opportunities, it also presents new tax requirements. As a US citizen living and working outside the country, your earnings are subject....

05/17/2023

A part of money management is more than just spending less than you earn. You should aim to save enough money to live comfortably in the long term as well as the short term. Here are four steps you can follow to help build your savings up. To schedule a consultation, contact us at (502) 514-5272.

05/16/2023

When saving up for retirement, most people determine what is needed to meet their living needs. However, one aspect that can be easily overlooked is considering how much to save for taxes. With smart planning, it may be possible to optimize the amount you pay in taxes and maximize the amount you can spend. Strategies include planning when and how you take income and withdrawals from different sources. For in-depth help with your retirement planning, give us a call at (502) 514-5272 today!

05/15/2023

As a small business owner, protecting your intellectual property is vital. This consists of the intangible assets such as trademarks, copyrights, and patents as well as designs, business ideas, and trade secrets. You want to keep anything that differentiates your business from any other safe. If a competitor tries to copy your products, then they can erode your market share and damage your reputation. For more tips and tricks on managing your small business, contact us today at (502) 514-5272.