Author Archive

3 Must Have Documents for Tax Records

Posted on: January 27th, 2022

The tax season is upon us. Millions of Americans struggle to meet the deadline for the filing of their personal or business taxes. Being prepared and having the documentation needed on hand is an important part of a taxpayer’s tax prep for the prior year. 1. Income Documents. For most people, this would be either…

Commonly Needed Documents for your CPA

Posted on: December 31st, 2021

Tax time for your business can be a tedious process. As a result, about 70% of business owners hire tax professionals for tax preparation. These individuals are quite familiar with the tax processes and codes. This means hiring them will save you a lot of time and money that you can then dedicate towards other…

What to Look for in a Professional Bookkeeper

Posted on: December 1st, 2021

Facing the reality of being a small business owner can be overwhelming. You must worry about everything from marketing to inventory, customer service, and taxes. But you don’t have to worry about some things like creating your financial reports. That’s where a professional bookkeeper comes in! Here are a few things to look for in…

Does My Business Need a Professional Bookkeeper?

Posted on: October 26th, 2021

There are several ways you can benefit from bookkeeping services as a business. Bookkeepers can come up with reports and handle a variety of financial transactions for your business. They are also well versed when it comes to matters like taxes. Here are some of the reasons why you must hire bookkeeping services. Bookkeeping is…

Dos and Don’ts When Working with a CPA

Posted on: September 27th, 2021

Small businesses and individuals often work with CPAs to streamline tax preparation and planning. Many find determining what deductions they can take to be a confusing process — one that CPAs can often help streamline. Getting your taxes done quickly is one of the main reasons to consider working with a CPA. Read on for…

What Information Do You Need for a Quarterly Review?

Posted on: August 25th, 2021

Are you searching for information about small business accountants? Maybe looking for details about what CPAs who work with small businesses do? You’re not alone! Did you know that approximately 70% of small businesses utilize tax professionals to help with tax preparation and dealing with the IRS? Over the years, we’ve fielded tons of questions…

Is It Too Early To Think About Taxes?

Posted on: July 27th, 2021

Tax season can be busy for everyone involved. For instance, small businesses spend about 2.5 billion hours per year preparing tax returns and providing the IRS with information about their returns, according to The National Taxpayer Advocate. Therefore, if you want to stay ahead of your taxes without feeling like you’re drowning, then it pays…

Top Tax Deductions for Your Small Business

Posted on: June 29th, 2021

The end goal of starting any business is to make a profit. Therefore, it is extremely essential for you to track your expenses. Tax deductions take up a huge portion of the money you make from your business. Most business owners lack the relevant information about managing their tax expenses, which is why about 70%…

Basic Accounting Terms and Definitions for Business Owners

Posted on: May 4th, 2021

Approximately 70% of small businesses employ tax professionals for tax preparation and IRS concerns. That’s a pretty big figure, and it’s really no surprise that so many small businesses would need or want bookkeepers to help with their finances. But for those of us who are just starting out, it’s important to at least know…

Demystifying Common Misconceptions About Tax Preparers

Posted on: May 3rd, 2021

Every year as Tax Day approaches, misconceptions about tax prevail among the American populace. Some dream of big savings they never achieve, others few problems that do not exist, while the rest open themselves up to punitive fines and penalties through inaccurate information. Tax preparers are certified experts in all matters of tax filing and…

Site Design: © Copyright Forge Multimedia llc