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Summer Marketing Initiatives for Small to Mid-Sized Accounting Firms

CPA Practice

Host Informative Workshops: Organize free, educational workshops on financial wellness, tax planning, or small business accounting. Enhance Social Media Engagement: Share helpful summer tax tips, reminders for quarterly taxes, or fun posts about your team enjoying summer activities.

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3 Tips to Help Improve Business Financial Confidence

CPA Practice

Even when your business is at the top of its game, a solid short-term funding option means you can add staff, increase inventory, and seize on a big opportunity. Hire an Accountant: Many small business owners shoulder their companies’ bookkeeping responsibilities in the startup stages.

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The Cryptocurrency Tax Loophole No One Is Talking About

LyfeAccounting

You find yourself stuck staring at your Robinhood account with two choices: you can sell now to make the pain stop, or. The IRS doesn’t really approve of people trying to game the system and would like investors to bear some risk for their trades. you can hold knowing the future is uncertain. Talk to us today!

Tax 59
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Top 5 Write Offs for New LLCs in 2021

LyfeAccounting

Solo 401k is similar but you can’t have any employees in your business to establish this retirement account. We have some excellent posts here on our blog that take a deeper dive into retirement accounts for business owners so be sure to check those out as well. in self-employment taxes!

Tax 52
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10 Tips on How To Avoid Paying Taxes in 2022 Legally

LyfeAccounting

Tip #5: Max Out Your Retirement Accounts. Whether you are self-employed or not, putting your money into a retirement account like a Roth IRA or 401Ks shields your money against taxes. When you buy art, it can be a tax write-off. That’s just the opening move in a game of chess. But that’s not where it stops right.

Legal 59
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How to Write Off Your Dream Car Tax Free in 2021

LyfeAccounting

Now unless you’re an accountant reading this then we know you didn’t go to school to learn taxes and you probably don’t spend your weekends binge reading the tax code. So we’re not going to use a bunch of tax jargon you will read on other blogs. And this can be a tax savings of 30-40%! Final Takeaways.

Tax 52
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AI Systems Take Center Stage in 2023 Innovation Awards

CPA Practice

From the advent of first-to-market generative AI systems like ChatGPT, to highly specialized, accounting-focused systems, proponents of AI are fervent in their belief that the technologies will dramatically improve client services, firm management, small business accounting and many other areas of operations.