How to Find a Good Accountant for Your Business
If you’ve decided that it’s time to outsource your accounting processes, you’ll want to make sure that you hire the best person (or firm) for the job. Hiring a qualified, experienced accountant is a process that requires several diligent steps. Remember, knowing that you need an accountant, versus understanding how to hire one, are two […]
How to Improve Accounting Systems in 2022
It’s not unusual for business owners to seek out ways to improve operational efficiency. Not only do streamlined operations help organizations run more smoothly, improving operations, including accounting systems, can often help businesses boost their bottom-line. Below are just a few of the ways you can maximize the efficiency of your accounting systems. Choose the […]
Signs it’s Time to Hire a CPA
Filing your taxes can be an arduous task- especially if you don’t have a straightforward return. If you own a business, have lots of deductions (and/or you have questions about deductions you may be eligible for that you haven’t been taking advantage of), or you have questions about tax planning, it may be time to […]
Benefits of Working with a CPA Versus and Accountant
Benefits of Working with a CPA Versus an Accountant If you’re in the process of evaluating your finances and you have questions about tax planning, the tax benefits associated with incorporating your business, or you have questions about estate planning, you’ll want to speak with a professional. But at this point, you may be wondering […]
Common Accounting Terms (Explained in Plain English)
Your accounts releasable (AR) is the opposite of your accounts payable. Whereas your AP consists of the money you owe to others, your AR consists of money that your clients / customers owe to you. Your AR is considered a current asset, and it can be used to measure a company’s liquidity. Balance Sheet (BS) […]
What You Need to Know About Quarterly Taxes
Several years ago, we had a client who wanted us to help her understand how to pay her quarterly taxes. She’d recently transitioned from working full-time, in an office, to working 1099 remote. Although she loved the freedom that came with setting her own work pace (and hours), what she didn’t love, was the massive […]
Top 2 Things Your Accountant Wish You Knew
If you’re among the many Americans that deferred their tax filing deadline this year, you may be in the throws of getting ready for your tax appointment. And while advance preparation is a good thing, knowing what to bring, and what to prepare, is better. Below are just a few of the things that CPAs […]
Benefits of hiring a CPA
Maybe you’re a small business owner and you’re reluctant to do your own taxes. Maybe you’re expanding and you feel like you need services beyond what your current accountant can provide to you. Or, perhaps, you are an individual who wants to know how you can maximize your tax credits, hold onto more of your […]
What Are Client Accounting and Advisory Services?
If you’re like most people, trying to understand tax and accounting lingo is like trying to read Greek. You understand that you need help with certain things, but the words and terms rarely make sense. When someone opts for client accounting services, this means they’ve
The Difference Between CPA and Accounting Firms
If you’ve never worked with a tax professional before, it’s natural that you’d have questions about the difference between a Certified Public Accountant (CPA) and an accounting firm. For this blog post, we wanted to highlight some of the ways that CPAs and accountants are alike, while noting the key, important ways in which they […]