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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Individual & Business Tax Changes 2018

By | December 28th, 2017|Categories: Small Business, Tax Information|Tags: , , , , , , , |

Generally, the provisions in the Tax Cuts and Jobs Act (TCJA) take effect on January 1, 2018. Most of the provisions affecting individuals are temporary and “sunset” after 2025, while the majority of business provisions are permanent. Following is a rundown on some of the key changes. Most individual taxpayers will not see the changes until 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

Hurricane Irma Tax Relief: IRS Gives Tax Relief to Victims

By | September 12th, 2017|Categories: Small Business, Tax Information|Tags: |

IRS Announced That They Will Provide Hurricane Irma Tax Relief to Victims Hurricane Irma Tax Relief:  The IRS has announced relief for Hurricane Irma victims in parts of Florida.  While additional relief is planned, the immediate commitment is an extension of certain individual and business tax returns as well as certain tax payments until January 31, 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

7 Year-End Tax Arrangements to Make Before 2017

By | December 8th, 2016|Categories: Financial Investments, Small Business, Tax Information|Tags: , , , , , , , , |

As the eleventh hour of 2016 comes to a close, it’s time to prepare a clean tax ledger for a new year! Regardless of what money-saving strategies you’ve implemented this year, you should take the time now to prepare yourself for April. If you haven’t already done so, try making these seven year-end arrangements to save  in Read more

How to Tell If Your Small Business Needs a Part-Time CFO

By | November 11th, 2016|Categories: Bookkeeping, Financial Investments, Small Business|Tags: , , , , , , , , , |

Do you need a part-time CFO? Many small business owners are hesitant to hire someone to oversee their company's finances because they are unsure whether the benefits will outweigh the costs. It's well known that a Chief Financial Officer (CFO) can increase a company's profits by breaking down the financial information into usable data. However, hiring Read more