Maintaining accurate business records can seem like a burden if you are trying to grow your business but when it comes to strategizing long term growth, bookkeeping is vital and may turn out to be a winning or losing factor for your business. Period. Bookkeeping is the practice of maintaining various accounting and financial documents […]
How to Choose the Right Accountant for Your Business
For every business owner, it is vital to have someone who can give timely, accurate, and beneficial advice throughout the life of your Company, from inception to succession. But picking up the right certified and licensed accountant is a critical business decision, so it is great to arm yourself with the right tips. A good […]
Tax Planning Tips
Tax planning is taking the time to develop strategies to either reduce taxable income, take advantage of tax deferred, utilize lower tax brackets, capture all available credits, and minimizing additional taxes such as self-employment and alternative minimum tax. This is done through reading and understanding how to use the beneficial laws that are written into […]
How to Respond to IRS Correspondence
Receiving a notice from the Internal Revenue Service is never pleasant and often brings with it stress and anxiety. Most taxpayers have difficulty understanding IRS correspondence, which tax year or years and what tax forms it relates to, or whether it is even addressed to them or a Company they own. The key to handling […]