Maximize Your Tax Savings with Smart Retirement Planning
Retirement planning is one of the most effective ways to save on taxes while securing your financial future. As the end of the year ...
How to Pay Yourself as an S-Corp Owner: Strategies for Minimizing Tax and Maximizing Profit
Paying yourself as an S-corp owner might seem straightforward—just cut yourself a paycheck, right? In reality, it’s a delicate balancing act that could impact ...
Why Automotive Shops Should Use an Industry-Specific Accountant
Running a successful automotive repair shop is no walk in the park. From managing employees, ordering parts, and scheduling repairs to keeping customers happy, ...
Using an LLC for Legal Protection: Tips from a CPA
Running a successful business involves more than balancing the books. Legal protection, especially for real estate or significant assets, is essential for minimizing risk ...
An Auto Shop Owner, An Auto Shop Coach and a CPA walk into a bar… and talk shop.
Buying an auto shop comes with unique challenges, and no one understands this better than Chris Cotton, the owner of Firestone of Durango and ...
Buying vs. Moving: What Auto Repair Shop Owners Should Know About Real Estate Decisions
As an auto repair shop owner, deciding whether to buy your current building or move to a new location is one of the biggest ...
The Essential Disaster Preparedness Tips for Auto Shops: Protect Your Business Before It’s Too Late
Disasters can strike without warning, and as many auto repair shops in Florida recently discovered, even the most prepared businesses can have vulnerabilities. In ...
Understanding the Key Metrics for Auto Repair Shop Success: The 50/30/20 Profit Model
In the episode 139 of Business by the Numbers, Hunt Demarest, CPA with Paar Melis Associates, dives into the complexities of KPIs and the ...
How to Optimize Auto Repair Shop Productivity and Profitability with Chris Cotton
Running a successful auto repair shop requires balancing operational efficiency with customer service while maintaining strong profit margins. In this blog, we’ll discuss essential ...