Navigating Tax Season with Confidence

Tax season can be a daunting time for small business owners, but with the right preparation and guidance, you can feel comfortable and confident as you tackle your taxes. As your trusted local Orange County bookkeeping service, Team One Accounting is here to support entrepreneurs like you every step of the way. Here are some…

Building Your Supply Chain’s Resilience

Supply chain breakdowns continue to stymie small businesses, causing them to lose sales and profits. Whether your business has been affected or not by supply chain delays and shortages, it’s a good idea to take steps to make your supply chain as resilient as possible. Your supply chain starts with gathering the materials that go…

Understanding Goodwill in Accounting

You might know the word “goodwill” as the name of a local charity where you can drop off household items you no longer need. It might also be something that’s talked about at church. But in accounting circles, goodwill is something completely different. This article contains a lot of technical terms, but we will walk…

Cool Tech Tools: ChatGPT

The topic of artificial intelligence (AI) has been in the news quite a bit recently, and one of the reasons is the launch of an AI chatbot called ChatGPT. The GPT in ChatGPT stands for generative pre-trained transformer, which is a program that can realistically write like a human and interact in a conversational way.…