Accounting Advices 

How to Properly Claim Tax Dependents on Your Paperwork

Relatives and children can both count as tax dependents. Relatives and children both count as tax dependents. They matter so much because they qualify you for certain breaks you couldn’t access otherwise. Such breaks are bigger than you might believe, which of course, means filing the paperwork correctly becomes an even more attractive incentive. We’ll show you how to identify and declare your dependents on your returns to make them as valid and legitimate as possible!  Let’s Define the Term  Kids and relations must possess certain attributes to fit this…

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Accounting Services 

4 More Ways Your CPA Can Help You Save Some Dough

Here’s another look at the way your CPA can help you run your business! Having one accountant on your team is a smart play. Retaining an entire team is even smarter. Last time out, we discussed some ways your certified public accountant can save you and your business much-needed cash. Times are tough all around, and your financial considerations can keep you out of hot water. Here’s another look at the way your CPA can help you run your business! Making the Most of Your Eligible Deductions Your CPA has…

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Accounting Advices 

Here Are Some of the Ways CPAs Can Save You Some Cash

How can CPAs make a difference? It’s a universally acknowledged fact that money makes the world go around. That’s just how it is. No matter how you feel about this principle of modern society, you need plenty of money to keep your business running. For all of the income you generate, you must also realize that the Internal Revenue Service requires you to pay your share of taxes. That’s when you should ask a certified public accountant to supervise your financial affairs. How can CPAs make a difference?  CPAs and…

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Accounting Newsletter 

Business Advice: Some Helpful OSHA Guidelines for Returning to the Workplace

If you need some business advice regarding this matter, we’ve got answers for you! The Occupational Safety and Health Administration issues workplace-related safety rules. Although it’s easy to assume that such rulings only apply to construction zones or heavy industry, every business facility is subject to their regulations and inspections. The COVID-19 pandemic turned everything upside down and inside out. But now, with vaccinations becoming increasingly prevalent, going back onsite is also going back to normal. If you need some business advice regarding this matter, we’ve got answers for you!…

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Accounting Newsletter 

How Does Cryptocurrency Affect Tax Payments?

If you have ever actually owned or used bitcoin, you might be interested in knowing just how cryptocurrency may affect tax payments — or your tax picture. If you have ever actually owned or used Bitcoin, you might be interested in knowing just how cryptocurrency may affect tax payments — or your tax picture. Regardless of how you acquired your bitcoin, understanding its outlook on your tax situation can help inform you on the proper methods and trading moves you make with the cryptocurrency. Here are the key facts to…

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Accounting Services 

Despite 65-Hour Weeks, You Should Consider Doing Client Work on the Side, Says Guy Who Did Side Work Back In His Day

I would like to preface what I’m about to write with an important note. I have the utmost respect for Ed Mendlowitz (not like he gives three quarters of a rat’s butt cheek what I think of him because who the hell am I), he is an OG of the profession, and we are all fortunate that he so freely and graciously shares the wisdom of his many (MANY) years of experience with us. He is a respected author with an impressive resume and is regularly tapped to speak at…

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Accounting Services 

How to Make Sense of Complicated Balance Sheets

Do you know how to read your balance sheets? There are no two ways about it: it can be hard to decipher a balance sheet. It tracks your incomes and outlays. In other words, it shows you what assets you have and who their owners are. You must keep a close eye on your balances, especially if you want to avoid a premature bankruptcy. That can ruin your life, along with the lives of your business partners, associates, and employees. So, it’s simple, don’t let that nightmare scenario come true.…

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