FIA Resource Center
Your hub for valuable information regarding taxes, IRS solutions, entrepreneurship, and work-life-balance.
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Payroll debt and IRS notices can feel overwhelming, especially at the end of the year. Avoidance doesn’t work, but you do have options. Let’s take care of it together.
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Andrew had to decide whether or not to accept the delivery of some vehicles that had been ordered 18 months ago. He didn’t currently need them but felt that he would…
Have you found yourself in a tax situation that you can’t handle alone? Here’s another example of how we’ve resolved tax issues for clients in the past.
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Economic cycles are inevitable. Periods of growth are often followed by slowdowns, shifts in consumer behavior, or broader economic uncertainty. While no business owner can predict exactly when the next downturn will occur, you can prepare your company to withstand it. The difference between businesses that survive uncertainty and those that struggle often comes down to financial visibility, planning, and proactive decision-making, core areas where CFO services provide tremendous value.
When business owners engage CFO services, they often expect deeper financial reports, better forecasting, or more strategic insight. What many don’t realize is how quickly a CFO begins identifying issues and opportunities that have been quietly shaping the business for years.
Running a business requires constant decision-making. From hiring and pricing to spending and growth initiatives, nearly every choice carries financial consequences. Over time, that volume of decisions can lead to decision fatigue, a state where choices feel heavier, slower, and more stressful. This is one of the most common challenges business owners face, and it’s an area where CFO services provide significant relief.
Most business owners don’t wake up one morning and decide they need CFO services. Instead, they reach financial inflection points—moments when the business changes in ways that make old systems and habits stop working. These turning points may feel intimidating, but they are signs that your business is evolving and requires a higher level of financial insight.
Securing financing or attracting investors can be one of the most exciting and challenging milestones in a company’s growth journey. Whether you’re seeking a small business loan, funding for expansion, or outside investment to scale operations, the key question is the same: Does your business look financially strong and strategically sound on paper?
Running a successful business isn’t just about driving sales or launching new products. It’s about understanding the numbers that reveal what’s really happening behind the scenes. Yet, many CEOs overlook critical financial metrics that could transform their decision-making, improve cash flow, and prevent costly surprises.
The economy moves in cycles. There are periods of growth followed by inevitable slowdowns. For many small and mid-sized businesses, a recession or market shift can expose financial weaknesses that were easy to overlook when sales were strong. Financial preparedness is the major difference between companies that survive a downturn and those that struggle.
At the start of your business journey, bookkeeping was enough. You needed someone to track income, pay bills, and keep your records clean for tax season. But as your company grows, those basic financial tasks don’t tell the full story anymore. You’re making bigger decisions about hiring, expansion, and investments, and you need financial insights that go far beyond what bookkeeping can provide.
When small business owners think about financial help, they often picture hiring a Certified Public Accountant (CPA) firm to manage taxes and compliance. Fix-It Accounting is one of those CPA firms, and we’re proud of the work we do. But we also know that business owners need more from us, which is why we now offer virtual CFO Services.
Most business owners dream of one day selling their company, whether to fund retirement, pursue a new venture, or simply cash in on the value they’ve built. But here’s the truth: creating a sellable company doesn’t start when you’re ready to list it—it starts years earlier. The businesses that command the highest value are the ones that have been structured, streamlined, and financially optimized long before the owner decides to exit. That’s where Fix-It Accountings' CFO services come in.
Have you received a Federal Tax Lien? Don't worry! In this episode of Expert Answers, we will discuss what do when you receive a federal tax lien from the IRS and how to move forward with resolving the issue. The tax lien will get resolved as long as you take these "Expert Answers" steps!
Recently details have resurfaced about a 1989 IRS employee manual update which stipulates that in the event of a nuclear attack, the IRS will continue to collect taxes as usual within 30 days. Most people sharing this information are doing so in jest, but it reminds us all of the IRS' seemingly unstoppable pursuit of funds owed to them. The interesting thing about this information bout the IRS coming to light is that there are, in fact, limits to their ability to collect funds from taxpayers.
IRS scams are an ever-present threat these days. But, by keeping yourself informed, you can avoid falling prey to them
The internet is becoming a scary place to spend time, and online hackers contribute to that. Here are some ways you can protect yourself online.
These days, bad guys are getting better and better at scamming. Here's what you need to know to keep you safe from scammers pretending to be the IRS.
When it comes to the IRS, no news is usually good news. Here are some important tips that will help you do the next right thing after receiving IRS mail.
Have you heard the news that the IRS will be receiving increased funding to perform more audits? Here’s what you need to know.
Are you confused about PPP loans and how to apply for second-round funding? Here are some helpful and time-sensitive tips that may help you.
Did you receive a Paycheck Protection Program (PPP) Loan this year? If so, there is some important information you need to know.
Do you panic every time you receive a piece of mail from the IRS? You’re not alone. Here’s some information to calm your nerves
Do you need help growing your business but are wondering, “how much does a fractional CFO cost?” We answer that question and more.
As an entrepreneur you will encounter conflict and roadblocks along your journey. Make sure you have the right resources when starting your new business.
Are you a business owner who has plateaued and doesn’t know how to get back on track? Perhaps it’s time for you to consider outsourced accounting.
Are you considering a change to a new accountant? If so, here are some things you need to consider before making the switch.
The world of business can be confusing. But what shouldn't be confusing is the amount and types of financial services you need. Our team is here to make that clear for you.
Are you ready to take your company to the next level? Here is one thing you may not realize is holding you back from success.
What do you know about tax planning? If you’re a novice, here are 3 points that are very important to your tax planning success.
Are you the owner of an accounting firm? Here are 4 things that you need to do today to prepare yourself to win next year’s tax season.
Are you ready to scale your business to the next level? Our CFO services can help you build a strategic financial plan with expert financial guidance and growth-focused planning.
Discover the key financial metrics every fast-growing business should track. Learn how a fractional CFO from Fix-It Accounting can help you scale with clarity and confidence.
Struggling with rising business costs? Learn how a fractional CFO can help you reduce unnecessary expenses, improve budgeting, and boost profitability.
As tax season nears, it’s more important than ever to have clean financial information. If your records are a mess, we can help you get them back in shape.
Have you received a Federal Tax Lien? Don't worry! In this episode of Expert Answers, we will discuss what do when you receive a federal tax lien from the IRS and how to move forward with resolving the issue. The tax lien will get resolved as long as you take these "Expert Answers" steps!
Any business that has employees is responsible for collecting and paying payroll tax. The most common liabilities are federal income tax, state income tax, Social Security, and Medicare. The percentage of payroll tax will vary from state to state. For example, residents of the state of Florida (as well as several others in the country) don't pay income tax which lowers the overall payroll tax liability compared to other states.
Recently details have resurfaced about a 1989 IRS employee manual update which stipulates that in the event of a nuclear attack, the IRS will continue to collect taxes as usual within 30 days. Most people sharing this information are doing so in jest, but it reminds us all of the IRS' seemingly unstoppable pursuit of funds owed to them. The interesting thing about this information bout the IRS coming to light is that there are, in fact, limits to their ability to collect funds from taxpayers.
Breaking up is hard to do, but sometimes in business, it’s the best option. Here are some tips for firing clients.