Blog - Walker Agency

Blog

No-nonsense business advice

expenses

How can I track and reimburse my tech company’s expenses?

Whether your tech company is a week, a year, or a decade old, managing expenses is an important step in staying compliant and staying profitable. Especially once employees and contractors start spending money on your behalf, you need to make sure they’re spending wisely and backing it all up with a receipt. If not, you

decentralized finance

The basics of decentralized finance

Paul Glantz is the founder of Launch Consulting Inc, an accountancy firm specializing in tax services that WA is proud to have partnered with for many years. DeFi Blockchains DAOs Ethereum Staking As an ambitious, forward-thinking business owner, you make it a habit to stay on top of new tech. But when it comes to

payroll

What’s the best payroll software for my tech business?

Payroll is a vital yet frustratingly complex part of running your tech business. A poorly organized system can have far reaching impact, from cash flow, team morale, productivity and even profitability. It also goes beyond simply paying your team their salaries; with payroll, you’re acting as a tax collector for federal, state and local governments,

accounting agency

How do I know Walker Agency is a good fit for my business?

You’re looking for the perfect accounting agency. The trouble is, what makes an accountant perfect for one business owner can be an automatic dealbreaker for another. And while you’ve read all about the benefits of an outsourced accounting solution, you don’t have the time to “date” around to try and find the right match. We’re

How to prepare your books for year-end

As the end of 2021 quickly approaches, it’s time to start getting ready to close your books. Proper preparation means you can step into the new year with confidence and save yourself a headache before fast approaching deadlines. When you work with us, your books are maintained on a monthly basis. WA completes a monthly

Walker Agency named to the 17th Annual Aggie 100, Honored as Fastest Growing Company

COLLEGE STATION, TX, October 22, 2021 – Walker Agency, of Houston, TX is among the top 100 companies from around the world selected for the 17th annual Aggie 100 which honors the fastest-growing companies owned by former students of Texas A&M University. Walker Agency was recognized as number 72 with a compound annual growth rate

How can I streamline payment processes for my tech startup?

Financial accuracy is essential to your growing tech business. From your early startup days through funding and scaling, you need a clear picture of the cash flowing in and out of your company. At the same time, you don’t want to be slowed down by inefficient tech or laborious processes. Streamlining your payment processes allows

tech startup

How Liongard advanced confidently from seed to growth stage funding with the support of proper GAAP accounting

tech startup controller

What does a controller do for my tech startup?

In the early stages of your startup, hiring an internal accounting team is not your highest priority. When it’s just you, other founders, and a few vendors an outsourced bookkeeper will help ensure you remain tax compliant, freeing you up to focus on growth. But, as your business progresses, the demands of your finance functions become

tech startup accounting

Do I need to hire an accountant for my tech startup or is outsourcing a better option?

In all our experience working with startup founders, we know one thing for sure. You move fast, and you want your back office to move at the same speed you do. Because of the world you operate in and your desire to scale rapidly, you’re looking for a modern, secure accounting process that’s going to

IRS forms

What’s the difference between a W2 and a 1099?

We recognize the IRS doesn’t exactly make it easy to figure out most things related to taxes. With that in mind, here’s a quick rundown on what you need to know for filing. W2s and W4s Employees fill out a W4 to tell their employer how much to withhold from their paycheck for personal taxes.

contractor

What do I need to know about 1099s?

Ah, the 1099 process … Something that should be so simple, yet proves to be a frustrating task every January. Over the last five years, we’ve worked and reworked our processes to make them as organized as possible. While we’re always on the lookout for ways to further streamline our system, we think we’ve got

reconciliation

What can I reconcile?

The reconciliation process is the last step in the accounting process to ensure you’ve recorded everything properly in your money related accounts. Since most accounting entries run through bank accounts, reconciling is your final check to make sure you’ve accounted for the majority of your business transactions. If done properly, the reconciliation makes sure the

Why do I need a monthly close?

Timely review of your financials and a monthly close give insight into the health of your business and impacts planning. Addressing questions on transactions while their “fresh on the brain” saves you time and headaches when it’s time to turn the books over to your tax preparer. Whether you are the lone accountant or part

payroll tax decisions

Payroll Tax Holiday: Gift or Grief?

What is the payroll tax holiday? In early August, President Trump issued an executive order allowing a payroll tax holiday for employees’ portion of the social security tax. The effective date of the order was September 1, 2020. What are my options as an employer or as an employee? Option 1: Employers can opt-out of

How you inspired our rebrand to Walker Agency

You may have noticed that things are looking a little different for Amy Walker, CPA. That’s because… *drum roll* we are no longer Amy Walker, CPA. We’re proud to introduce you to Walker Agency – a new name and a new look to match the vision and values we hold to as a firm. As

Done with dawdling?

Tell us where you are on the journey to get started.