Blog
Randall Hancock on How You as a Business Owner Pay Yourself
I’m watching in disbelief, like you, as I see the photos of the hurricane devastation keep rolling in. It’s hard to believe so much infrastructure can be swept away that quickly. Our hearts are grieving for those who lost loved ones and homes and businesses from...
Cloud Storage for Businesses: Randall M. Hancock CPA, PC’s 7 Steps For Going Digital
Fall is “officially” here (even if it still doesn’t quite feel like it), but that also means a lot less sunlight for the next few months. At least there are mugs of steaming cider and pumpkin-flavored pastries to look forward to.Here’s something that you may not...
How to Pay Estimated Taxes: Is Your Birmingham Business Doing This Right?
Cue the pumpkin stands, trick-or-treating supplies, mannequins with sweaters, and the way-too-perfect apple-picking photos in your social media feed.The calendar flipped to September and suddenly it's fall ... y'all. (Saw that one on a scrolling bank sign yesterday,...
How To Start Your Birmingham Small Business, Part Two
The next generation might not know what Benjamin Franklin was talking about when he said “A penny saved is a penny earned.”That and so many other cliches we take for granted related to money. Lucky penny…pennies on the dollar…penny for your thoughts…see a penny pick...
How To Start A Small Business: Randall M. Hancock CPA, PC’s Steps (Part 1)
We’re all waiting and watching (and hoping) to see if federal interest rates will be dropping soon. But the outcome of the August jobs report could also have a big impact on stock market prices. What does this mean for you as a small business...
What a Good Birmingham Bookkeeper Does for Your Business
I’m going to talk briefly here about something I’ve talked about before, but with new developments, you’ll want to know about: the Employee Retention Credit. (And then I’ll get on to a bookkeeping matter I hope every Birmingham business owner understands.)I...
How To Close A Business, Legally: Steps for Birmingham Business Owners
I don’t think Kenny Rogers was thinking about business ownership when he sang that song, but it could be a mantra for Birmingham business owners.(And if you’re not a Kenny Rogers fan, here’s a trip down someone else’s lane. Boy, 1978 was another era altogether,...
Considering the Bookkeeping Accounting Difference In Your Birmingham Business
Adieu, Summer Olympics 2024. Paris 2024 didn’t disappoint. Were you like most of the world in watching? It seems like Americans were glued to all 13 days of nonstop competition both on live TV and through the ever-entertaining athlete social media...
Better Sales Strategies to Reach Your Birmingham Customers
One of the best things about this summer has been watching the Paris Olympics. When an American athlete pulls out a win, it feels like a win for all of us. Case in point: Noah Lyles taking the gold in the men’s 100m dash. That’s an event where Americans haven’t...
Estate Planning: A Starting Place For Birmingham Business Owners
Let’s leave aside culture wars controversies about the opening ceremony – the Olympics still bring the magic. And in the dog days of summer, with so much chaos brewing in so many political and cultural corners … well, it is, in fact, a nice way to leave aside the...
Why You Need to Improve Customer Service in Your Birmingham Business
Sometimes I have to smack my head when I see what passes for “tax advice” online.In the next round of “Don’t believe everything on social media”, there’s now a scam going around about a self employment tax credit. The influencers claiming this say you can get...
Selling a Business: Tax Considerations for Birmingham Owners
You, as a business owner, carry sway with the people in your purview. You are a leader and people look to you, often genuinely listening to what you say and running with it as a plumb line. Which is why it isn’t surprising that so many well-known business...












