What is a CPA?
Many of us hate the idea of doing our income taxes because we don't know various tedious-seeming, but important things, such as all the allowed deductions, and adjusted gross income. And if you are a small business, you may hate to spend that extra money getting help...
What are accounting advisory services?
Accounting advisory services is a phrase that sounds very vague to a lot of people. That’s why we decided to make a playbook outlining exactly what these services are so you can start using them to your advantage. Why do businesses need accounting advisory...
How to Ask Your Clients for Good Referrals
Referrals are the most effective, and cost-effective, way to generate new business, yet asking for referrals can feel awkward. You really could use some more clients but you don’t want to come across as desperate or pushy. Many companies understandably find it very...
Cost Segregation: What Is It & What Does It Do?
Let’s pretend that it is tax season – depending on when you’re reading this, it might be. As April 15th approaches, you’re desperately searching through your finances, looking for deductions that can reduce your tax liability. Now, you probably think that you looked...
Everything Good & Bad About Outsourcing Your Accounting
There’s a million and one ways to approach your accounting – that includes outsourcing. However, like with everything in life, there are pros and cons to outsourcing your accounting. Depending on your situation, outsourcing may or may not be the best option for you....
What Are Employment Taxes?
Employment taxes refer the money that is deducted from an employee’s compensation each pay period based on their income and number of dependents. Those taxes must then by reported to IRS at the beginning of the following year so that said employee can either pay...
The Benefits of Having an Accounting Software Specialist
What is Accounting Software? An accounting software is an application tool that records every transaction happened such as payment, deposit, payroll, and trial balance. It can be developed by your company, or you can purchase a professional accounting software from...
Tips for Individual Tax Preparation
It’s Tax Season, Are You Ready to Get Your Tax Return? Individual tax preparation might be a task when you have to answer soo many questions. Let’s see what kind of steps you will need to take in order to meet good standards with your individual tax preparation? There...
Tips for Corporate Tax Preparation
Filing for individual tax is one hassle in which you need to make sure that you maintain all the proper skills, records, and knowledge to render your tax files complete and secure. But corporate tax preparation is a whole other ballgame. Here Are Some Tips to Help...
Financial Forecasting Services Will Help Your Investments
Being able to tell the future would be a great feat in human science. But let’s face it, you’ll never be able to tell the future with 100% accuracy. There is no scientific way we could ever come close to know what will happen exactly in the near future. But we have...