Category Archives: Portland CPA Blog Posts

Different kinds of financial professionals are important for the smooth operation of any business. But how many people truly understand the differences in the role that a bookkeeper plays in a business versus the role played by an accountant? The work of both of these professionals is crucial in keeping a business above water financially, […]

Businesses of many kinds have used accounting techniques to manage their finances for centuries. Even in the days of the local blacksmith when clients brought their horses in for new shoes, there was some system by which the smithy kept track of his profits and losses using simple methods. Since then, however, the science of […]

If you’re a business owner, you may have used outsourced accounting services to help manage your business finances. However, client accounting services offer something that goes beyond simply outsourcing an accountant. When you use client accounting services, it’s almost as though you’ve hired a team of your own accountants who become familiar with your unique […]

Working for an employer and receiving a paycheck may be a daily grind, but at least it gives the employee the security of that paycheck. But for those who run a business, that kind of security just does not exist, and every day is a new opportunity to sink or swim. While running a business […]

When you started your own business, you were full of passion and dreams of success.  But all too often, somewhere along the line, the waters of running a business can become quite rough and you may not know where to turn. When this happens, you may want to think about hiring a fractional CFO. But […]

If you’ve decided you want to benefit from the booming growth of the cannabis business in Oregon, you are probably interested in learning all you can about how to set up your business to be compliant with Oregon state laws. And, just like all other businesses, a cannabis retail business must pay taxes. As a […]

If you’re a business owner or manager, you may feel some trepidation when you know that tax time is approaching. One way to minimize this anxiety is to be prepared for the tax season by using a simple small business tax preparation checklist. Using a checklist ensures that you’ll have all the documents you need to […]

Nearly all business managers wish they had a crystal ball that they could use to predict the future. While that may be impossible to obtain, the next best thing may be cash flow forecasting. With this useful business tool, business decision makers can seek the advice of a cash flow forecaster to use past and […]

If you’re a business owner, you know what it means to be busy. Business planning and marketing as well as strategic planning undoubtedly take up a lot of your time, but it’s important to remember that efficiently managed finances are at the center of every successful business. If you need help keeping up with the […]

Managing the finances of a cannabis business is challenging for many reasons, not the least of which is the fact that many of these businesses have only recently obtained their legal status. This means that they are under the close scrutiny of state health agencies as well as federal agencies like the IRS. That is […]

Covid-19 is a widespread pandemic that has created economic hardship for many people throughout the U.S. as well as globally. Many employees have been laid off or furloughed from their jobs as businesses temporarily shut down, and there have been school closures as well as interruptions in the operation of many business offices and accounting […]

In the state of Oregon, businesses that deal with the retail sale of recreational cannabis products are regulated by the Oregon Liquor Control Commission, or OLCC. Medical marijuana dispensaries come under the jurisdiction of the Oregon Medical Marijuana Program, or OMMP. All cannabis business owners must be licensed and must meet the state tax requirements. […]