Does this sound familiar? You manage a cleaning service, but need help with your business’ tax return. You reach out to a local accountant, who would love to utilize your cleaning services. You strike up a deal to exchange your cleaning service for her tax help. Maybe you don’t have a cleaning business, or you’re …
Business owners do a lot of jobs within the company, including chief executive, marketing manager, product developer and customer service rep. One role that can be costly to imitate when not done correctly is the role of bookkeeper. Certified Bookkeeper (CB) is a designation finance professionals earn after completing requirements from an accrediting agency. Thanks …
Tax season 2019 is finally wrapping up. For some, you filed that return months ago and are well into managing your business for this year. For others, you may still be fielding questions from your accountant and anxiously searching records. If the thought of doing taxes for your business makes your head pound and your …
Bookkeeping for nonprofit businesses is mostly similar to bookkeeping for for-profit businesses: both require accurate tracking of income and expenses. Because nonprofits enjoy advantages like tax-exemption due to their designation, they are also subject to a few more rules and standards when managing their books. Nonprofits benefit from high public confidence given their charitable mission. …
As a business leader, you need accurate financial information to make decisions about the company’s future. If your company’s finances are a constant pain point, your business will be unable to grow; however, you might not be ready to hire a full-time accountant dedicated to your business. Enter outsourcing. Outsourced accounting companies can help you …
Circumstances in Which Your Business Should Consider Outsourcing its Bookkeeping Read More »
If you just filed your taxes, you’re probably hoping not to think about it again for at least another nine months. Tax season doesn’t have to be painful! If you’re thinking about taxes year-round as you manage your company’s finances, tax season will be much smoother. Below are six actions you can take to start …
Already Filed Your Taxes? It’s Not Too Early to Start Preparing for Next Year Read More »
Technically your tax return (and any payments that apply) aren’t due until mid-April. Every year, many Americans wait until the very last minute to file their tax returns, often neglecting to even begin preparing them until the deadline has begun to loom large. However, there are many benefits of filing your return early. Here are …
We’re in the thick of tax season, and by now you probably have all of the documents you need to begin filing your return. If you’re dreading having to go through the process by yourself, there’s always the option to work with a skilled tax preparation professional, who can handle preparing and filing your taxes …
Why You Should Work With a Tax Preparation Professional Read More »
In any given year, you can expect somewhere between 1 and 1.5 million individual taxpayers to get an audit notice from the IRS. While the odds are definitely against you being audited, that doesn’t mean you don’t need to take care in filing your taxes to avoid a call from the IRS. Here are just …
The Tax Cuts and Jobs Act, passed and signed into law in December 2017, is the largest piece of tax reform in more than three decades. Tax year 2018 is the first year to be affected by it, which means people and businesses filing their taxes this year will be seeing a lot of changes. …
It’s 2019: What You Need to Know About This Year’s Tax Overhauls Read More »
