Posts Tagged ‘Accounting’
Are You Ready to File Your 2019 Taxes?
Tax season is just a couple of weeks away and that means that it is time for taxpayers to start preparing. The Internal Revenue Service (IRS) has officially announced that come Monday, January 27, 2020, they will be ready to process 2019 tax returns. Tax filers must file by the April 15th deadline and should…
Read MoreAdding a Forensic Accountant to Your Divorce Team
In the United States, a divorce occurs every 13 seconds. Unfortunately, that seemingly shocking statistic likely surprises very few people. When you think about divorce you probably associate it with words like “messy”, “stressful”, and “sad”. But what makes a divorce so messy? Sure, there are loads of emotional aspects to a messy divorce, yet…
Read MoreBudget Analysis and Your Small Business
Budgeting is something that most adults take into account when making financial decisions. From a personal perspective, creating a budget is practical and commonplace. So, should the approach to budgeting differ at all as it relates to a business? How important is a budget to a company’s overall functionality? And are financial forecasting and budgeting…
Read MoreIs It Time To Start Outsourcing Accounting Services?
Entrepreneurs across every industry share a number of character traits that make themselves, and their businesses, successful. From being relentlessly hardworking to maintaining a constant push towards innovation, running a company well requires a specific type of person and a specific set of principles. One of the more surprising and universal traits of an effective…
Read MoreTechnology’s Role in Transforming Accounting
From artificial intelligence to robotic process automation to blockchain, technology has seen a greater shift in the last decade than ever before. Big data has trickled its way into nearly every industry in the world and its impact has been profound. Sure, those facets of technology may seem irrelevant to accounting, but they are actually…
Read MoreDoes Your Business Need an Operational Review?
Organizations across every industry tend to have an “if it’s not broken, don’t fix it” attitude towards their business processes and workflows. Successful companies, understandably so, are hesitant to rock the boat in creating new methods both internally and externally. Change is difficult in any department – from marketing to sales to human resources, and…
Read MoreThe Value of Tax Planning for a New Business
Over 600,000 new businesses are formed each and every year. Whether financed with personal funds, bank loans, or even borrowing from family and friends, starting a business is no easy feat. The success of new businesses varies significantly with fluctuations in the economy, but there are certain inevitabilities that remain. From raising money to developing…
Read MoreShould I Hire a Forensic Accountant for My Divorce?
Finances play a major role in both the beginning and, if applicable, the end of a marriage. When a couple makes the decision to split up, determining how to divide the marital property is by and far the most complicated, critical aspect. The accumulation of assets and debts throughout the duration of a marriage lays…
Read MoreCan’t pay your taxes in full? You have options…don’t hide your head in the sand
It is true. There are inescapable certainties in life: death, and taxes. These issues are not local…people all over the world must deal with them. From a cohesive standpoint, these two concerns bind us all together. Looking to find common ground with a stranger? Look no further than the topics of death and taxes. To…
Read MoreDo I Need an Annual 401K Audit?
No one in charge of their company’s annual 401K Audit has ever used the words “easy” or “fun” to describe the annual 401K audit process. However, with the proper guidance and knowledge the process can be smooth and stress free. Offering a 401K plan to employees is a great way to attract talent to a…
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