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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…

Child Tax Credit Advanced Payments Information

Posted on: July 6th, 2021

The Child Tax Credit will look different this year, and depending on which option you choose, it may lower your refund for 2021. For 2021 the IRS is going to prepay half of your eligible Child Tax Credit in 6 installments starting in July and ending in December. The prepayment of the credit will lower…

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…

5 Tips on Choosing a Tax Preparer

Posted on: February 25th, 2021

It’s tax season, which means that whether you’re an individual seeking out accountants or a small business owner looking for tax services, you’re probably looking for someone to help you get the greatest possible benefits and least possible losses from your tax returns. The fact is that taxes are confusing and a lot of us…

5 Simple Tips for Hiring a Certified Public Accountant

Posted on: January 28th, 2021

With the federal tax filing deadline fast approaching, more business owners realize that filing their taxes alone is more complicated than it’s worth. Most entrepreneurs are out in search of tax preparers that can help them file their returns. As a strategic business consultant, a certified public accountant is best suited to advise on taxes…

4 Reasons Why You Should Work With a CPA

Posted on: December 28th, 2020

Nobody likes to think about their taxes. But the reality is that the less we think about our taxes, the less we will likely receive in tax benefits. Therefore, it’s important for Americans to take their taxes seriously and do everything that they can to ensure that all tax forms are filled out correctly. Many…

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