Businesses must constantly seek ways to drive innovation and reduce costs, and this is especially true across the agriculture industry. One powerful yet often overlooked tool is the Research and Development (R&D) tax credit. Designed to foster innovation and support research investment, R&D tax credits offer significant financial relief by reducing both federal and state…
Read More
Protea Weekly – Episode 39 – Why become an accountant?
In this episode, Zane Stevens discusses the importance of accountants and why becoming an accountant can be a great career choice. He emphasizes that accountants are more than just compliance professionals and play a crucial role in helping businesses make better decisions. Zane shares his own journey as an accountant and the opportunities it has…
Read More
Generating and Preparing W9s and 1099s in 2024
Navigating the intricate world of tax forms can be overwhelming. At Protea Financial, we understand the importance of accuracy and timely filing, especially when it comes to generating and preparing W9s and 1099s. Let’s take a moment to explore these essential tax documents and how to handle them effectively. Understanding W9s: The Foundation of Tax…
Read More
Protea Weekly – Episode 38 – How does a controller help your business?
In this episode, Zane Stevens continues the discussion on the role of a CFO and the importance of having a strong accounting team. He emphasizes the difference between a CFO and a controller, highlighting the operational and strategic aspects of each role. Stevens explains that a controller is responsible for overseeing the day-to-day accounting operations,…
Read More
Simplify Payroll: How Technology Transforms Your Payroll Process
Running a business, let alone being in the dynamic world of wineries, comes with juggling many tasks. One of those tasks that feels daunting is managing payroll, replete with minute calculations, tax regulations, and employee records. But what if there were ways to simplify this most complex of processes and save you hours in your…
Read More
Protea Weekly – Episode 37 – What is a CFO?
In this episode, Zane Stevens discusses the difference between a CFO and a controller and why Protea Financial does not offer fractional CFO services. He emphasizes the importance of bookkeeping as the foundation of good accounting services and highlights the services Protea Financial offers up to the CFO level. Zane explains that a CFO is…
Read More
