Tax deductions? Yes, please!

By | January 10th, 2018|Categories: Accounting, CPAs and CFOs, Financial Investments, Small Business, Staff Accountants, Tax Information|Tags: , , , , , , , , , |

The conventional tax wisdom at the end of the year is to pull in deductions to offset current tax liability and push off income to postpone tax payment. This takes on added significance in 2017 with enactment of the new tax reform law, the Tax Cuts and Jobs Act (TCJA). Because the bill, just signed into Read more

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Will you see more money with the new tax reform bill?

By | January 8th, 2018|Categories: Accounting, CPAs and CFOs, Financial Investments, Small Business, Tax Information|Tags: , , , , , , , |

On the Friday before Christmas, President Trump signed the new tax reform bill into law. The Tax Cuts and Jobs Act will take effect January 1, 2018, but when will most taxpayers see the effects? When will they see more money in their wallets?   How much will the new Tax Cuts and Jobs Act save Read more

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Accounting a Bit Scary without Bookkeeping Services? Spooky Tales to Avoid

By | October 19th, 2017|Categories: Accounting, Bookkeepers, Bookkeeping, Small Business, Uncategorized|Tags: , , |

Halloween—it’s a night that allows children and adults alike to shed their skins and become something else entirely. But while the streets outside fill with witches and goblins on the hoof for sweets and shrieks, in the accounting and bookkeeping services world, the last day of October marks the beginning of the end…of the calendar year. Read more

Attorney Bookkeeping Procrastination Cost

By | September 11th, 2017|Categories: Accounting, Bookkeeping|Tags: , , , , , |

How Much Is Putting It off Really Costing Your Legal Practice? How important is attorney bookkeeping to your practice?  You’re an attorney managing your own law practice. You more than anybody know that the details matter. Your cases sometimes hinge on the smallest of particulars—details that to someone in a different profession might not seem so significant.   You also know the struggle of keeping your Read more

Bookkeeping Quiz: What was your profit margin on your last 10 clients?

By | September 1st, 2017|Categories: Accounting, Bookkeepers, Bookkeeping|Tags: |

Any small business owner you talk to knows that it's their customers that make their success possible. But if a business owner has any success, it's because their bookkeeping lets them know what they are spending on each of those customers. It's simple: to turn a profit, you have to spend less than you earn from Read more

Accounting Mistakes New Small Businesses Make: 4 Things To Avoid

By | August 9th, 2017|Categories: Accounting, Bookkeeping, Small Business|Tags: , , , , , , |

It’s no secret that the business world is unforgiving. That’s why as an entrepreneur who is just starting out, you want to get everything right the first time, and that means handling your money responsibly with proper accounting. In fact, if you look at the statistics, money issues are one of the most common reasons that Read more

5 QuickBooks Tips and Tricks for Small Business Owners

By | July 7th, 2017|Categories: Accounting, Bookkeeping, Small Business|Tags: , , |

As far as essential bookkeeping services for small business owners go, QuickBooks is among the best. Using it for your accounting needs saves time and money for your business, not to mention that it keeps your business’s numbers organized and easily accessible so that you can tell whether you are making or losing money in an Read more

Starting a Small Business in Florida: 4 Questions To Ask Your CPA

By | June 14th, 2017|Categories: Accounting, Small Business|Tags: , , , |

“How does anyone start a business without the help of someone like you?” That’s a question that a client recently asked me. It's one of many smart questions to ask your CPA. He was considering leaving his company to start his own business. It was a big step for him, as it would be for anyone, Read more

Tax Implications Of The American Health Care Act (AHCA)

By | May 5th, 2017|Categories: Accounting, Financial Investments, Tax Information|Tags: , , |

The following are a few of the changes that would result if the American Health Care Act passes in the Senate: Ends the tax penalty against people without coverage. Ends the Medicaid expansion funding. Changes Medicaid from an open-ended program to one that gives states fixed amounts of money per person. Replaces the ACA's cost sharing Read more

Tips for Starting a Business – 5 Things to Keep in Mind

By | October 10th, 2016|Categories: Accounting, Small Business|Tags: , , , |

When you start a business, you need to know about income taxes, payroll taxes, understanding your tax obligations, and much more. Here are five tips for starting a business to help you get you off to a good start: 1. Business Structure. One of the first decisions you need to make is which type of business Read more