For all things financial, your best bet is always to hire an accountant. They can do a lot more than just file your taxes for you! Good accountants can look over your budget, especially for your business, and let you know where you might be overspending or where you can afford to spend more. They can even help you create documents, such as a profit and loss sheet. Having a good accountant on your side will always come in handy. We also think you can benefit from learning more about accounting, which is why we are pleased to offer this collection of articles.
Posted on: 16 April 2020
Tax season is almost always stressful and anxiety-inducing for most taxpayers. Not only are there so many forms to fill out, but there's always the risk of an audit once you've filed. However, there are a lot of misconceptions out there surrounding IRS audits that often leave taxpayers paralyzed in fear at the mere mention of an audit. Here are some things that you should know as you get ready to file your taxes for this year. [Read More]
Posted on: 26 March 2020
Tax season can very stressful for individuals and businesses alike. As a small business owner, you want to make sure that you take the right steps to prepare so that you're ready for tax day. Getting ahead of your business tax needs can help you reduce stress, upset, and mistakes. Keep reading to see a small business tax preparation checklist. Know Which Tax Forms You Need to File When it comes to business taxes, it's a bit more complex than individual taxes. [Read More]
Posted on: 24 March 2020
Right now, the United States is experiencing a national emergency that has impacted the tax process. It is important to stay on top of tax changes as they impact you. Here are a few things you need to know about filing your 2019 taxes during the COVID-19 crisis. Thing #1: Tax Filing Deadline Has Been Extended The normal tax deadline of April 15th has been extended all the way to July 15th. [Read More]
Posted on: 19 March 2020
Certified public accountants are professionals who provide advice on a wide range of topics. Whether you run a business or are dealing with personal finances, a CPA is a great resource to turn to. It's important as you work with a CPA, though, to understand the job in terms of its four basic components. Take a look at each one so you can get more out of your relationship with your CPA. [Read More]