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A midyear review should go beyond financials

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably encounter a few bumps along the way and, hopefully, reach your destination with some success and a few lessons learned. … Continue reading

29-08-2018
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Assessing the S corp

The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at the federal level). But not all businesses are eligible – and, with the new 21% flat income tax rate that … Continue reading

28-08-2018
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Hidden liabilities: What’s excluded from the balance sheet?

Financial statements help investors and lenders monitor a company’s performance. However, financial statements may not provide a full picture of financial health. What’s undisclosed could be just as significant as the disclosures. Here’s how a CPA can help stakeholders identify … Continue reading

07-08-2018
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An FLP can save tax in a family business succession

One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company to the next generation. Often, the best time tax-wise to start transferring ownership is long before the owner is ready … Continue reading

07-08-2018
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Get SMART when it comes to setting strategic goals

Strategic planning is key to ensuring every company’s long-term viability, and goal setting is an indispensable step toward fulfilling those plans. Unfortunately, businesses often don’t accomplish their overall strategic plans because they’re unable to fully reach the various goals necessary … Continue reading

07-08-2018
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Transitioning to remote audits

Are you comfortable communicating electronically with your auditors? If so, a logical next step might be to transition from on-site audit procedures to a more “remote” approach. Remote audits can help reduce the time and cost of preparing audited financial … Continue reading

06-08-2018
Effective Choice For Your Company

Effective choice for your company

Most companies have found that it saves a lot by outsourcing their accounting needs. This fact has led to the development of many accounting firms and all promising to offer the best services. This has posed a maze for many … Continue reading

06-10-2014
Why You Should Use A CPA Firm?

Why You Should Use A CPA Firm?

A CPA firm is a group of professionals who does a number of accounting-related jobs. They monitor as well as keep tabs on an organization’s or an individual’s financial records. Each year, a lot of businessmen doubt why they need … Continue reading

06-10-2014
Tax Service: 5 Things You Should Keep in Mind When Searching

Tax Service: 5 Things You Should Keep in Mind When Searching

A lot of people are going to agree that doing your taxes can be a pain and this is especially true if you happen to be a small business owner. As one, you only have a little time in thinking … Continue reading

06-10-2014
Questions Should Ask Your Accountant

Questions Should Ask Your Accountant

When you are working with an accountant for your business, it is important to ask the right questions so that you are both on the same page when it comes to managing your finances. Your accountant doesn’t just add up … Continue reading

30-09-2014