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Los Angeles tax, accounting service

MyIRSRelief

How to fix my messy back-years accounting for my Los Angeles, CA business? If you have messy books for many back years of accounting, it can be overwhelming to try to organize and clean them up. This might include accounting software, a financial calculator, and reference materials such as tax guides or accounting textbooks.

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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright.

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What are CPA Services? And What Kind of Business Needs a CPA?

LyfeAccounting

What are CPA Services? CPA services are accounting services that are provided by a Certified Public Accountant, also known as a CPA. Most CPAs have Master’s Degrees in Business or Accounting with at least a few years of experience under a CPA. Services That Only CPAs Can Provide. Compilations.

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NEW Tax Deduction: Business Meals are 100% Deductible in 2021!

LyfeAccounting

Remember, if you need more guidance with your business tax preparation , tax planning , or tax filing, LYFE Accounting got you covered. We offer various tax services so be sure to get in touch with us today at 470-240-1437. The post NEW Tax Deduction: Business Meals are 100% Deductible in 2021!

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Bookkeeping for Cabinetry Companies: 5 Reasons Why Bookkeeping Is Important

Steve Feinberg

Bookkeeping is the cornerstone of accounting, and it simply means recording your company’s financial transactions into organized accounts for better reference and record keeping. It’s a crucial part of any business, but it’s especially important for cabinetry companies, independent contractors, construction firms, etc.,

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What to Do After You Start an LLC? 6 Critical Next Steps

LyfeAccounting

For example: Most banks require an LLC’s EIN number to open a business bank account, get a business credit card, or get a business loan. Additionally, if you plan to have employees you will need an EIN number to file your payroll taxes. But the biggest reason you need an EIN is to file your business taxes.

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SEP IRA Explained: Huge Tax Savings for Self-Employed Individuals!

LyfeAccounting

The SEP IRA allows business owners to deduct up to $58,000 and put that money towards retirement. This is thousands of dollars more than the $6,000 contribution limit that a standard traditional or Roth IRA account allows you to deduct. While other IRA options do allow you to take loans from your account, a SEP IRA does not.

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