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 […]
What is Biden’s tax plan?
In 2017, then-president Donald Trump signed the 2017 Tax Cuts and Jobs Act. In addition to lowering income tax rates for single filers, heads of household, and married couples (filing jointly or separately), it raised the standard deduction to $12,000 for single filers, to $18,000 for heads of household, and to $24,000 for married couples […]
Don’t Forget to Bring These Things to Your Next Tax Appointment
When it comes time to file your taxes, you’ll want to be prepared. As we’ve noted many times in the past, showing up at your CPA’s doorstep with a shoebox full of receipts is good– but tallying them (and organizing them) in advance is much better. Although the 2020 tax filing deadline was May 15 […]
What Happens if You Miss a Tax Filing Deadline?
Life can be hectic—and if you’ve found yourself in a place where you’re going to meet the federal tax filing deadline you may be wondering how you’ll be impacted. For this blog post we wanted to discuss some of the things that could happen if you file late. First things first: File for an extension […]
Benefits of Having a Professional Prepare Your Tax Return
Lots of people wonder if they’re capable of filing their own taxes, however, not using an accountant or CPA firm could cause you to leave money on the table. No one, we repeat, no one wants to pay a higher tax rate than what’s required by law. For this post we wanted to discuss some […]
FAQ: How to Organize Your Tax Records
Lots of people feel stressed during tax season—especially if they feel like they’re not organized. For this blog, we wanted to highlight several tips you can use to organize your tax records. Make sure your documents are easily accessible If you haven’t already, establish a set place to store your tax documents. For example, whereas […]
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 […]
Benefits of Hiring a CPA (and How to Choose the Best One)
Lots of people assume that CPAs are only helpful for corporations and the ultra-wealthy, but this simply isn’t true. In fact, you may be surprised to learn that CPAs can provide a lot of assistance to individuals and small business owners in various areas, such as tax planning, retirement planning and estate planning. Below are […]