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

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

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

Coral Gables Small Businesses: An Essential Tax Planning Checklist

By | April 21st, 2017|Categories: Tax Information|Tags: , , , |

Finding the right information for filing your Coral Gables small businesses' taxes can be a real struggle. The April deadline to file last year’s taxes has passed, but it’s never too early to start preparing for next year. To make things easier for you, we’ve compiled a checklist of helpful actions you can take to get Read more

Coral Gables Personal and Small Business Taxes with a Human Touch

By | March 23rd, 2017|Categories: Tax Information|Tags: , , , , , , , |

You’ve probably seen some advertisements lately about getting your taxes filled out and filed in minutes, either online or at the nearest big-chain tax preparation service location in the Coral Gables area. If you’ve ever used one of these services, you know one thing—it’s all true. You can log on or walk in and usually be 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

Tax Tips for Hobbies that Earn Income

By | October 14th, 2016|Categories: Small Business, Tax Information|Tags: , , , |

Millions of people enjoy hobbies such as stamp or coin collecting, craft making, and horse breeding, but the IRS may also consider them a source of income. As such, if you engage in a hobby that provides a source of income, you must report that income on your tax return; however, taxpayers (especially business owners) should 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