Quote credit: Thomas G. Miller author of “It’s Your Business: So What Are You Going to Do About It?” Have you ever considered outsourcing your accounting and financial tasks? You are not alone. According to Forbes, finance and accounting was one of the first business processes that companies outsourced. Furthermore, outsourcing is NOT limited to large corporations. […]
If you could ask a team of CPAs anything, what would you want to know? While we’ve been working hard behind the scenes to come up with interesting content we want to tailor it to what our readers want to know. Ask us about: Starting a business Bookkeeping How to get the most out of […]
A fairytale about tax preparation Once upon a time there was a lovely newlywed couple who called our office looking for help with their taxes. One of the spouses was very excited not to be responsible for a stack of IRS forms. The other spouse was, we’ll say, “less than excited” to be chatting with […]
If you were an “entity” what would you be, and why? Not exactly something you, as a business owner, enjoy contemplating is it? But it is a decision that must be made when you are setting up a business. The options are Sole Proprietorship/partnership, LLC (Limited Liability Company), C-Corporation, or S-Corporation. The decision you make has many […]
A recent article, How to Spot an IRS Email Scam Message by Anita Campbell reports that during the first quarter of the year aka tax season, IRS email scams increase– targeting taxpayers, tax preparers, and small business owners. The scams include bogus phone calls and IRS email scams alleging to be from the IRS but, in reality, they are from […]
A Certified Public Accountant or CPA is a trained accounting professional who has received a license to manage, audit, expert opinion, and the analysis of financial records and general ledgers. To become a CPA, an individual must pass the Uniform Certified Public Accountant Examination, managed by the American Institute of Certified Public Accountants (AICPA), along […]