Valuable Information
Federal E-Payment Compliance
The U.S. federal government is phasing out paper checks by September 30, 2025, as mandated by an executive order to streamline payments and reduce costs. This shift to electronic transactions impacts millions of taxpayers, businesses, and financial professionals. For organizations and individuals navigating this transition, Cove Professional Services offers tailored solutions to ensure compliance, optimize...
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What Does Full-Service Bookkeeping Include? A Comprehensive Guide
Running a business involves juggling countless responsibilities, and managing finances is at the heart of it all. Without accurate bookkeeping, even the most promising ventures can stumble. But what exactly does full-service bookkeeping entail? At Cove Professional Services, we specialize in comprehensive bookkeeping services designed to streamline your financial operations and empower your business growth....
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Capitalize on these Cash Flow Management Tips for Your Small Business
Most small business owners would agree with business icon Sir Richard Branson for saying, “Never take your eyes off the cash flow because it’s the lifeblood of business.” No matter how long you’ve been in operation, you know that managing cash flow for a small business is crucial for its survival and growth because positive...
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5 Reasons Why Hiring a Payroll Service Supports a Small Business Owner’s Work-Life Balance
As a small business owner, you know how often you find yourself juggling multiple roles simultaneously, from managing operations to handling finances. The balancing act required of working in and on your business is tough to strike. It’s no wonder then that so many small business owners struggle to maintain, if not establish, a healthy...
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California Sick Leave Requirements Have Changed!
Are you a small business owner in California! Don't forget that as of January 1, 2024, California's paid sick leave requirements have been amended. (more…)
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7 Ways to Boost Your Business With a Virtual CFO
Small business ownership is not for the faint of heart and in today's dynamic business landscape, staying competitive and profitable requires more than just a great product or service. It necessitates a keen financial strategy and management that can adapt to changing circumstances. As you might already know or have even experienced, not all small...
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10 Reasons Why Your Small Business Needs a Bookkeeper
When it comes to running a small business, we realize that your budget is critically important. That’s why most small business owners are so careful about expenses and reluctant to spend on products or services they really don’t need. While that logic makes sense, there are some corners that really shouldn’t be cut when it...
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Update On the SBA COVID Disaster Loan Extension
At Cove Professional Services, we're constantly staying up to date on the latest news and changes to tax law and other government agencies that impact your business. And with the newest announcement from the Small Business Administration on the COVID Disaster loan extension, we wanted to take a moment and give you some key highlights...
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