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Understanding the financial report many business owners overlook — and why proper balance sheet reconciliation matters. By Michael Isabella, CPA, CMA Managing Member, Isabella CPA & Advisory, LLC For many small business owners, the balance sheet is one of the least understood financial reports. Business owners may review sales, expenses, or bank balances regularly, yet rarely feel confident explaining what their balance sheet is actually telling them. Whether you manage your

A practical guide to understanding how business owners get paid and taxed By Michael Isabella, CPA, CMA Managing Member, Isabella CPA & Advisory, LLC There are millions of small businesses operating across the U.S., and every year more people take the leap into business ownership. The reasons are different for everyone — a passion, an opportunity, a desire for independence, or a way to support their family. I recently took that same leap myself in opening Isabella CPA & Advis