Hughes, Snell & Co., PA now offers Sage Intacct®
Hughes, Snell & Co., P.A., Certified Public Accountants and Consultants (HSC) has announced the addition of web-based Sage Intacct software and support services to its portfolio of client services. Sage has been established as an innovative leader in the cloud financial management and accounting space for more than a decade. Sage Intacct is the only […]
Reminder to IRA owners age 70½ or over: Qualified charitable distributions are great options for making tax-free gifts to charity
The IRS this month sent out a notice reminding IRA owners age 70½ or over of their option to transfer up to $100,000 to charity tax-free each year. These transfers, known as qualified charitable distributions or QCDs, offer eligible older Americans a great way to easily give to charity before the end of the year. […]
What to know about deadlines for extended tax returns and quarterly payments
If, in the future, you’re unable to file your taxes by their due date, you may want to talk to your accountant or CPA about filing an extension. However, if you do opt to file for an extension, there are several things you’ll want to keep in mind. An extension of time to file your […]
Florida victims of Hurricane Ian to receive tax relief from the IRS
On September 29, the IRS announced that Florida-based victims of Hurricane Ian now have until February 15, 2023, to file various individual and business tax returns and make tax payments. The announcement came shortly after a disaster declaration was issued by the Federal Emergency Management Agency (FEMA). According to the IRS announcement, individuals and households […]
What to Know About Virtual Tax Appointments
If the COVID-19 pandemic taught us anything, it taught us that not all appointments need to be conducted in person. This year, if you’ve decided to opt for a virtual tax appointment, you’re not alone. Although exact statistics regarding the number of people who’ll opt for virtual versus in-person appointments this year is not available, […]
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 […]
Top 3 Reasons Your Small Business Should Hire a CPA Firm
Tax laws are complicated, and the tax code is constantly changing. Suffice to say, small business owners can benefit greatly from working with a professional. Hiring an accountant is good, but working with a full-service CPA firm is a lot better. Below are just a few of the reasons you should hire one. They can […]
How to protect your business from occupational fraud
As a small business owner, you understand the importance of protecting your company (and your clients) from fraud. However, in addition to taking steps to protect sensitive data, such as financial and personal records, you’ll also want to make sure you work to prevent occupational fraud. Below are just a few of the things you’ll […]
Top 3 reasons to hire a CPA
Are you a small business owner (or an aspiring small business owner) who is a bit nervous about handling business tax matters on your own? Are you on the verge of expansion and you’re concerned that the services you’ll need span beyond what your current accountant is helping you with? Or are you an independent […]
Client Accounting and Advisory Services Explained
Deciphering tax and accounting lingo can be hard- especially if you don’t work in the industry. In most cases, trying to decipher what the words mean can feel a bit as if you’re trying to read Greek. For this blog post we wanted to help alleviate some of that and provide you with more information […]