VOLUME 10 2022

We’re saying hello to October, and with it, a season of transition! Autumn is a great time for us to look back on the past year and review our progress, as well as start to prepare for the new year ahead. This month, we’ve gathered our best tips for weathering change — both at home and in your business.

You’ll learn our advice on how to price appropriately when inflation is rising and what to do when seasonal employees say goodbye. You’ll also hear from Padgett owner Karen Randolla about preparing your business for the future with a strong chart of accounts, and from client Gail Emrick about how her Padgett partners helped her lead a growing nonprofit to success. Lastly, we’ve got your reminder to find out about your eligibility for the Employee Retention Credit!

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How to keep your prices in line with inflation

Inflation is a major concern for many Americans — especially business owners, and many are responding by raising prices. How do you protect your bottom line without losing customers?

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What should you do when seasonal employees leave?

Whether your summertime employees are leaving or you’re thinking ahead to hiring extra holiday help, it’s important to have a plan for when your seasonal workers say goodbye.

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How to build a strong chart of accounts

We spoke to Karen Randolla, EA and owner of Padgett Westchester to learn her four key tips for building a strong chart of accounts for your business.

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Together, Gail Emrick and Padgett Tucson are making a difference

After serving more than a decade as director and partnering with Padgett Tucson, Gail’s leadership has allowed Southeast Arizona Health Education Center to celebrate over 35 years of success.

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ERC – it's not too late!

Did you know that eligible business owners can still claim the Employee Retention Credit (ERC)? Since 2020, Padgett has helped hundreds of clients apply for the credit, and we've collectively received millions of dollars. If you want to learn more about your eligibility or get started applying for the ERC, contact us today.



About Padgett

At PADGETT BUSINESS SERVICES®, we know the stresses of running a business can keep owners awake at night. Your business is your livelihood — and quite possibly the livelihood of your employees — so it’s no wonder it’s always on your mind. PADGETT is here to help. We offer tax, accounting, payroll and advisory services that can help your business reach new heights, allowing you to rest easy.

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ADVISORY

PADGETT BUSINESS SERVICES® is dedicated to meeting the accounting, tax, payroll, compliance and advisory needs of small businesses. This publication is intended for informational purposes only and should not be construed as tax or legal advice. Such information is by nature subject to revision and may not be the most current information available. You should seek advice from a PADGETT BUSINESS SERVICES® representative or an independent advisor before acting on any of the information contained in this document. Each office is independently owned and operated.