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Accounting Topics

Business Accounting & CPA Services Topics

How Are You Advising People About Tax Reform?

Regardless of absolutes, CPAs must keep clients informed about potential changes related to tax reform.

Tax Preparation for Individuals Topics

It's not what you earn, it's what you get to keep!

Using the tax code in your favor, to reduce your tax burden.

Financial Advisors - CFO Services Topics

Financial Statements 101 (Part One)

This article provides basic information about company's income/profit loss statement

Financial Statements 101 (Part Two)

An overview about the balance sheet

Bookkeeping Services

Bill Paying and Organizing Paperwork

Seniors get overwhelmed with mail and paperwork. They have many ways of coping. Unfortunately, their coping methods do not get the bills paid. They need aDaily Money Manager to keep bills and finances current.

Tax Preparation for Individuals

Creative Tax Deductions

Creative but legal ways to get deductions on this year's filing.

Tax Tips for Taxpayers with Foreign Income

Federal law requires U.S. citizens and resident aliens to report any worldwide income. Here are seven tax tips for taxpayers with foreign income.

Accounting and Payroll Software

Top Five Mistakes Business Owners Make When Using Quickbooks

As a small business owner, your desire is to do things the right way. And one of those things is to track your expenses. So what do you do? You go out and buy QuickBooks or Peachtree or some other small business accounting program. And then you make the #1 mistake all businesses make when they purchase a software package – you don’t maximize the program and use it to it full capability.

Tax Preparation & Consulting for Businesses - Questions & Answers

How long do I need to keep my business tax records and associated documents?

Top answer: 7 years

Is a car tax deductible to the business that owns it?

Top answer: Most of the time

Tax Preparation for Individuals - Questions & Answers

How long do I need to keep my personal tax records and associated documents?

Top answer: 7 years

If I have electronic statements or records, do I have to physically organize my personal tax receipts?

Top answer: Yes, it is better to organize physical tax receipts

Personal Accounting & CPA Services - Questions & Answers

What is your opinion of the American Accounting Association?

Top answer: Favorable

What is your opinion of the American Institute of Certified Public Accountants?

Top answer: Favorable

What is your opinion of the National Society of Accountants?

Top answer: Favorable

Payroll Services Topics

Payroll Solutions - We Are Payroll Made Easy

We can provide a cost effective solution for any employee size business.

How Much Does a Payroll Service Cost?

Other Accounting Topics



Small Businesses, More NEW Reporting Rules

This year of bookkeeping, for new year's tax headaches, leaving themselves to be audited and overpaying taxes.

3 Steps to Gaining Control of Your Business Finances

Create a system to gain control of your finances in three easy steps. If you follow this system, your business will begin to run more smoothly and efficiently. You will have more time to focus on your core business instead of shuffling through papers.

More money saving tips for small business

If you're the owner or manager of a small business, you've undoubtedly felt the pain of this economy's ever-so-slow recovery. Demand for your products or services may have dwindled and when revenues are down, businesses need to adjust by tightening their belts. But reducing expenses is a balancing act. Cut costs that make a significant contribution to your income, and you may find revenues declining further. Trim expenses that are "fat" — unnecessary because they don't bolster the bottom line — and your firm can become leaner and better able to compete.

Should you lease or buy business equipment?

It's not easy to decide whether it's wiser to buy or lease a piece of business equipment. For most business owners, the first impulse is to buy. But there may be times when leasing is preferable.

Tax Tips: How to Record Your Mileage for the Year

Provides tips on how to record mileage for the year. This will eventually save the business owner in taxes.

Tax Relief Job Creation Act of 2010 - 100% Bonus Depreciation

Congress has approved, and President Obama is expected to quickly sign, a multi-billion dollar tax cut package, the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 Tax Relief Act) (H.R. 4853). The bill also provides for an AMT “patch,” a one-year payroll tax cut, 100 percent bonus depreciation through 2011 and 50 percent bonus depreciation for 2012.

Ten Facts About Amended Tax Returns

You can make a change or an adjustment to a tax return you’ve already filed by filing an amended return. Here are the top 10 things the IRS wants you to know about amending your federal tax return.

Keep Your Tax Bill As Low As Possible

Five ways to reduce your Tax bill

Attention CPA's

New IRS Form 1099-k Requirements. I can Educate your clients on your behalf and show them what is the correct, most cost efficient way to do their credit card processing

Tips for Taxpayers Who Owe Money to the IRS

If you owe Money to the IRS get into payment agreement plan

Warning to all Taxpayers of New Email Scams

The IRS has issued several recent consumer warnings on the fraudulent use of the IRS name or logo by scammers trying to gain access to consumers’ financial information in order to steal their identity and assets.

60 Seconds to Establishing a Sound and Rational Policy for Improving Your Cash Flow.

Collecting overdue debt is not the most pleasant part of being a success center owner/manager, and it can be a frustrating experience when every dollar of revenue counts. All it takes is 60 seconds, and you can establish a policy and improve your cash flow.

How to Collect Business to Business Debts

Small businesses are vulnerable when customers don't pay, especially when the customer is another small business. Using a collection agency is an effective means of getting paid.

Financial Planning and You

A basic overview of financial planning and how it can benefit the client.

Building Value in Private Companies: Now is the Time to Devise a Plan to Build Value in Your Company

This article focuses on the importance of a proper business valuation.

Related Questions & Answers

Do interior shutters qualify for energy efficiency tax credits?

Top answer: In some cases

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