Cash Flow Management

In this Economy “Cash is King”… We’ll Make Sure You Are Positioned Right.

Understanding when, where, and how your cash needs are being met is crucial to owning a successful business. If your cash-in exceeds your cash-out, life is good. When cash-out exceeds cash-in, however…

The successful small business owner knows to spend more time on work means generating more profit. Leave the tedious, time-consuming job of bookkeeping and accounting to the professionals!

Our cash flow management services will help you conquer cash worry once and for all. We will help you identify your cash needs, with a solid understanding of when and how they will occur, as well as show you how to build good relationships with banks and creditors so that you have resources available to you when that crash crunch occurs.

Our cash management services will benefit you by…

  • Helping you develop a cash flow projection. We can show you how to manage daily cash through short-term (weekly, monthly) cash flow projections, as well as how to develop the necessary capital to manage your long-term (annual, 3-5 year) needs.
  • Developing historical cash flow projections so that you can see exactly where your cash has gone, learning where you can better utilize your cash for future action.
  • Helping your business through the development of accelerated collection techniques.
  • Tips for receiving the maximum rate of return on any idle cash.

Let Us Help:

Connecticut Taxpayer Rights: Can the IRS Look At Your Bank Account?

 Key TakeawaysThe IRS does not automatically see your bank transactions or daily spending To get bank records, they must show a legitimate, documented tax purpose and follow notice rules You usually get a 45-day warning before the IRS contacts your...

What’s My Connecticut Partnership or S Corp Tax Filing Deadline?

 Key TakeawaysThe Partnership and S Corp tax filing deadline is Monday, March 16, 2026. These returns don’t calculate tax owed by the business. They generate Schedule K-1s for the owners. You cannot accurately file your personal return without your...

TurboTax vs Tax Preparer: How Should I File My Connecticut Business Taxes?

 Key TakeawaysDIY tax software can work for very simple, low-income businesses, but it assumes you already know how to classify transactions and identify tax opportunities. A tax preparer makes sure expenses, credits, and entity decisions are handled legally...

Can You Dispute A Tax Bill? Two Rights Connecticut Taxpayers Have This Tax Season

 Key TakeawaysYes, you can dispute a tax bill—a notice from the IRS is often a proposal, not a final verdict. The IRS routinely issues bills based on incomplete or incorrect information, especially when returns are missing or rushed. You have the legal...

What Do I Need to Bring To My Tax Appointment With My Connecticut Accountant?

 Key Takeaways Personal and business identification details, including Social Security numbers and business IDs Complete income records Documentation that supports deductions, credits, and major purchases Proof of tax payments already made...

What’s The Last Date For Employers To Send Out W-2 Forms to Connecticut Employees?

 Key TakeawaysW-2s and 1099-NECs must be sent to workers by February 2, 2026 (for the 2025 tax year). Those same forms must also be filed with the government by February 2, 2026, whether you file electronically or on paper. If you file 10 or more total...

2025 Taxes for Connecticut Business Owners Who Owe the IRS

 Key TakeawaysResolving old tax issues depends on how you handle your 2025 taxes Filing your 2025 return on time matters even if you can’t pay the full balance For self-employed taxpayers, estimated payments are part of staying current on 2025...

How Many KPIs Should You Have For Your Connecticut Business?

 Key TakeawaysYou only need 5–9 true KPIs for effective 2026 planning. KPIs should connect directly to a specific financial or strategic goal. Too many KPIs dilute focus and slow decision-making. The right KPIs help you act earlier, not just...

Season’s Greetings From Emelia Mensa, CPA

Season’s greetings from the Emelia Mensa, CPA team. For you and me both, this week can feel like a blur – trying to finish out last-minute year-end tax moves while making sure the books are wrapping up nicely. And while it’s rather fast-paced here at Emelia...

What Are The Year-End Tax Moves to Make Now For Connecticut Business Owners?

 Key TakeawaysIt is not too late to create meaningful tax savings before December 31, but the remaining moves are very timing-sensitive. Low-cost, in-stock equipment and supplies are the most realistic last-minute purchases that can still be deducted this...

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Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

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