TAX REVENUE DROPPING 10% AMID TURMOIL AT IRS Tembo CPAs the firm for entrepreneurs. Recent developments within the Internal Revenue Service (IRS) have raised concerns about potential declines in tax revenue and the agency’s ability to enforce tax laws effectively. IRS Workforce Reductions The Department of Government Efficiency (DOGE), led by tech billionaire Elon Musk…
Tax Deadline Extensions for 2023 & 2024 Due to Hurricane Milton Tembo CPAs the firm for entrepreneurs. As residents and business owners in Florida, it’s crucial to stay informed about tax obligations, especially in the aftermath of natural disasters like Hurricane Milton. The IRS has provided specific relief measures for those affected, including extensions for…
Enhancing Business Profitability: Key Strategies for Entrepreneurs Tembo CPAs the firm for entrepreneurs. Maximizing profitability is crucial for the long-term success and sustainability of any business. As an entrepreneur, understanding the factors that drive profitability enables you to make informed decisions that foster growth and efficiency. Here’s an in-depth look at several strategies to enhance…
Mastering Budgeting and Forecasting: Essential Strategies for Entrepreneurs Tembo CPAs the firm for entrepreneurs. As a seasoned entrepreneur, you recognize that successful navigation of the financial landscape demands more than just intuition. A robust budgeting and forecasting process is critical, serving as both a guiding roadmap and a performance measurement tool. Here’s an in-depth look…
e Smart Financial Strategies for Experienced Entrepreneurs Tembo CPAs the firm for entrepreneurs. As an experienced entrepreneur, you already know that starting a business is just the beginning. To truly thrive, mastering financial management is crucial. This involves not just keeping the books balanced, but also strategically positioning your business for long-term success. Here are…
Employee Retention Credit Clients are reaching out to us every week to ask questions about the ERC, so we thought it would be good to send this out so you have good information you can use to understand this complicated credit better.🤝 What is the Employee Retention Credit (“ECR”)? The employee retention tax credit is a…
So You’ve Decided to Start Your Own Business Tembo CPAs the firm for entrepreneurs. Starting your own business is both and exciting and daunting venture all at once. There are a lot of important decisions to make…and even MORE paperwork to fill out. Ugh… The good thing is – we’re here to help! The first…
The Meaning behind Tembo CPAs Tembo CPAs the firm for entrepreneurs. http://tembocpas.com/wp-content/uploads/2022/04/MOV_9521.mp4 At Tembo CPAs, we take pride in our ability to provide expert guidance and support to businesses of all sizes. Our team is comprised of experienced professionals who are dedicated to helping our clients navigate the complex world of finance and accounting. Like…
What (and When) you Measure Really Does Matter Tembo CPAs the firm for entrepreneurs. http://tembocpas.com/wp-content/uploads/2022/04/final_6245c52873544200ede54054_239412-2.mp4 Anyone in a managerial position knows…the power of real time data is unmatched. With monthly or even weekly reporting of juxtaposed operational + financial data, stakeholders are not given enough to make meaningful decisions. There is a disconnect between management…