Starting a Business

Brandon DavisBusiness, Taxes, Topic Videos

Starting a Business

Hi, Brandon Davis with Davis CPA Group. Today I want to talk about starting a business. So on my previous videos, I’ve discussed different entity choices and things of that nature, but today I’d like to dive into … because it seems like I’ve had a lot of meetings of late about what it takes to start a business, things … Read More

Obtaining a Bank Loan

Brandon DavisBusiness, Taxes, Topic Videos

Obtaining a Bank Loan

Hi, Brandon Davis with Davis CPA Group. Today I want to talk about obtaining a bank loan, particularly for a business or bank financing. So let’s talk about bank financing today. This is a topic that is going to be one that we’re going to probably do some videos off of this one because there’s a lot of information that … Read More

Do I Need to Report This Income?

Brandon DavisBusiness, Taxes, Topic Videos

Do I needf to report this income?

Hi, Brandon Davis with Davis CPA Group. The one thing that I get hit with sometimes when I talk to my clients or even out and about is, do I need to file a tax return? Or do I need to report this income from a business? And sometimes it’s a situation where is this really a business or is … Read More

Financial Statements, Part 3

Brandon DavisBusiness, Taxes, Topic Videos

The last statement that I’m going to show you or talk about, I’m probably just going to talk about maybe a little bit more of a higher level because there really is a lot of moving parts in that and that’s the statement of cash flows. The cash flow statement basically starts with your net income number. Say, okay, during … Read More

Financial Statements, Part 2

Brandon DavisBusiness, Taxes, Topic Videos

So the income statement is related to the balance sheet. And it’s … What I mean by that is the income statement is a period of time. The balance sheet, you recall, was a snapshot in time, so like one day. This reports … You could report one day, but generally there’s going to report a month, six months, a … Read More

Financial Statements, Part 1

Brandon DavisBusiness, Taxes, Topic Videos

Hi, Brandon Davis with Davis CPA group. Today I’m going to talk about financial statements. One of the things that as I work with my clients particularly at the business level that we have to go over on a regular basis is looking at the financial health of their business and we do that. We look at a couple of … Read More

EBITDA (earnings before interest, taxes, depreciation, and amortization)

Brandon DavisBusiness, Taxes, Topic Videos

  Hi. Brandon Davis with Davis CPA Group. Today I’m going to talk about EBITDA. You may be like, “What’s that? Is it a foreign language?” No, it’s actually an acronym, and it’s an acronym that stands for earnings before interest, taxes, depreciation, and amortization, and this is used by banks, and investors to look at the cashflows that are … Read More

Trusts

Brandon DavisBusiness, Topic Videos

Brandon Davis of Davis CPA Group in Joplin, MO, discusses trusts in terms of taxation, revocable trusts and irrevocable trusts. Hi, Brandon Davis again, with Davis CPA Group. I’m going to elaborate a little bit more on trusts, talking about the taxation of trusts, talking about revocable trusts, irrevocable trusts, and what that means. In the past, in a previous … Read More

Partnerships

Brandon DavisBusiness, Topic Videos

  Brandon Davis of Davis CPA Group in Joplin, MO, discusses partnerships as an entity.   Hi again, Brandon Davis with David CPA Group, here to talk to you today about partnerships. A continuation to discussions of choice of entity. You’ll see some links below to the previous videos that we’ve done in regards to other choices and other entity … Read More

Estate Planning

Brandon DavisBusiness, Topic Videos

  Brandon Davis of Davis CPA Group in Joplin, MO, discusses estate planning in terms of vehicles for estate planning and tax implications.   Hi Brandon Davis again with Davis CPA Group. Today I want to talk about estate planning. A lot of times when I’m working with my clients, particularly ones that have businesses for a long period of … Read More