Balancing the Books
One of the best things about being a small business owner is making money while doing something you love or something you are passionate about. This is especially true for cottage business owners who work long hours on their craft and sell it for a profit. The question is, by the time you spend long hours working on a project, are you actually making any money? Are the goods that you are offering worth the investment that you are putting into them? Read More»
Have you ever had a friend tell you about their tax write-offs and thought, “Man, I’ve got to try that out”? Well, be cautious before you do. You see, there are many write-offs you may think are suitable for your situation, but if not, you can find yourself in trouble with the three most feared letters of the alphabet – the IRS. So take heed to the following info as all tax tips simply are not meant for you. Read More»
What happens when you realize that you owe a great deal more in taxes than you anticipated? This can happen for a variety of reasons, and it’s not always related to financial irresponsibility. Taxes can be difficult to project in advance and there are many financial decisions you could make – such as selling a home or even moving across state – that can affect your tax bill.
File Your Taxes On Time Read More»
Are you looking for a bookkeeping service? There are general bookkeeping services and there are also certified public accounting firms. Certified public accounting services are generally held to higher standards; though a regular bookkeeping service may be suitable to some needs, there are usually significant benefits to working with a CPA instead. Working with a CPA doesn’t necessarily have to be more expensive, either.
1. CPAs Are Extremely Knowledgeable
Many bookkeepers are highly experienced and very well-educated, but CPAs need to pass four rigorous exams in addition to advanced educational credits to achieve their certification. Read More»
There is little doubt that tax season is probably a major source of stress for you. In addition to spending hours completing paperwork, you may also be forced to pay thousands of dollars at the end of this process. Not surprisingly, the complexity of tax season can be overwhelming, and you may need a couple of questions answered about the ramifications of what can happen if you are unable to complete this process by the deadline. Read More»
