CFO2U

Tampa’s leading women business owners are gathering, and we’ll be there.

Join us at the South Tampa Chamber’s Women’s Connection event.

CFO2U is sponsoring the event that features a talk by Lauren Wittenberg Weiner, a bestselling author and founder of WWC Global, one of the country’s top woman-owned national security firms. She knows what it means to lead with values in high-stakes environments and will be discussing her book, Unruly: Deconstruct the Rules, Defy the Norms, and Define Your Success.

When: September 9th, 2026 | 4:00pm-6:00pm
Where: Oxford Exchange | 420 W Kennedy Blvd.

The event is open to both members and non-members, so don’t miss it.

See you there!

https://www.southtampachamber.org/event-detail/lVtcroe3Sa_oRsBPLMfLuA2/women-s-connection-let-s-get-unruly

Want to avoid problems at tax time? Make sure you aren’t making these five common bookkeeping mistakes.

1. Overstating income
2. Understating income
3. Missing expenses
4. Not remitting sales tax
5. Miscalculating estimated tax payments

While these seem like small errors, they add up.

Each error increases your chances of:

- Paying more in taxes
- Incurring fees and fines
- Getting audited
- Hours of extra work

Don’t let bad bookkeeping cause problems in your business.

Learn how to stop making the mistakes that lead to the most problems at tax season.

https://cfo2u.com/bookkeeping-resources/tax-problems-caused-by-bad-bookkeeping/

Your tax returns are in good hands with Devendra Baghel, one of CFO2U’s talented Tax Specialists.

Davendra’s well-rounded experience allows him to look at the big picture of business finances.

He is an IRS enrolled agent (EA) who prepares federal and state tax returns for individuals and businesses, and he is also skilled in tax planning, IRS compliance, bookkeeping, financial statement preparation, account reconciliations, and month-end accounting processes.

The combination of his experience makes Devendra a valuable asset to both new and growing companies.

We’re grateful to have Devendra on our team and can’t wait for you to work with him and feel the same.

We have an important update for QuickBooks customers.

If you use QuickBooks Desktop, you may start to lose support for your software.

QuickBooks is winding down Desktop support and pushing customers toward QuickBooks Online instead.

If you're currently using QuickBooks Desktop, here's what you need to know and what you need to do.

https://cfo2u.com/bookkeeping-resources/quickbooks-is-sunsetting-desktop-software/

CFO2U is proud to help students in Tampa Bay go back to school with the supplies they need to succeed.

For the last six years, CFO2U has sponsored the annual “Backpack to School” supply drive. This year, the drive helped over 100 kids start the school year with a brand new backpack.

As kids head back to school across the country, we’re wishing all parents a great school year!

It might not seem like a big deal to miss a business expense here and there.

But every missed expense could mean paying more in taxes.

Business expenses can be valuable deductions that reduce your tax bill. But when receipts get lost, thrown away, or never make it into your books, those deductions disappear.

The result is a bigger tax bill and less money staying in your business.

That's why having a system to capture and record every business expense is so important.

Good bookkeeping isn't just about staying organized. It's about protecting your profits.

This is just one of the ways poor financial systems can create tax problems (and cost you money). We’re sharing four other ways that bad bookkeeping can impact your business here.
→ https://cfo2u.com/bookkeeping-resources/tax-problems-caused-by-bad-bookkeeping/

Contractors don't lose money because they're bad at their trade. They lose money because they don't have clear financial systems.

Without accurate bookkeeping and job costing, it's easy to:

⚠️Underbid projects
⚠️Miss profitable opportunities
⚠️Run into cash flow problems during slow seasons
⚠️Overpay in taxes or miss valuable deductions

Professional accounting support lets you focus on customer jobs while the experts take care of financial oversight.

With an expert partner, you can:

✅Know the true cost of labor, materials, and overhead
✅Create more accurate bids and increase job profitability
✅Improve cash flow and plan ahead for seasonal slowdowns
✅Identify tax-saving opportunities and maximize deductions
✅Avoid costly penalties, missed filings, and audit issues
✅Make smarter decisions with real financial visibility

Get out of your books and get back to business.

Talk to us about our monthly bookkeeping and accounting support designed specifically for trades and service-based businesses.

https://cfo2u.com/services/bookkeeping-for-electricians/

Calling all Tampa Bay business owners! CFO2U is joining the Tampa Chamber for the July Luncheon.

Network with local business owners, enjoy a special presentation by USF President Moez Limayem, and say hi to our team.

CFO2U is sponsoring the event and will be there to greet you.

Both members and non-members are welcome, so we hope to see you there.

Details
When: July 15, 2026
Where: The Centre Club (123 S Westshore Blvd.
When: 11:30am-1:15pm Featured Speaker

Learn more and register here: https://business.southtampachamber.org/events/details/stcoc-membership-luncheon-with-usf-president-moez-limayem-41937

Today, we celebrate 250 years of freedom, opportunity, resilience, and the enduring power of the American spirit.

Happy 250th Birthday, America!

As we commemorate this historic milestone, we're grateful for the generations who have worked to preserve the ideals that define our nation and the opportunities that allow families, communities, and businesses to thrive.

We wish everyone a safe and joyful Independence Day! Here's to the next 250 years of life, liberty, and the pursuit of happiness.

❤️🤍💙 Happy Birthday, America!

Forget New Year’s Resolutions. How about Mid-Year Resolutions?

Who says it has to be the beginning of the year to make positive changes in your business?

Mid-year is just as good of a time as any.

In fact, this is the perfect moment to check in and ask questions that will make a positive change in your business.

❓Are your books accurate and up-to-date?
❓Do you actually know your profitability?
❓Are you prepared for upcoming tax payments?
❓Is your cash flow healthy?
❓Are your financial systems helping your business grow or slowing it down?

Don’t wait until year-end to fix problems that could be costing your business money all year long.

Need help working through these questions? CFO2U is here to help.

Contact us for a free discovery call to see how we can help you better visibility and better systems.

https://cfo2u.com/contact/