article thumbnail

When You Need to Hire a CPA

xendoo

They can answer your questions about financial reports, cash flow, depreciation, and other accounting processes and identify opportunities to improve profit margin and business growth. Certified Public Accounts can be the financial strategist for Fortune 500 companies or advisors to neighborhood businesses.

CPA 52
article thumbnail

Accountant Busy Season: 5 Survival Tips for Accounting Busy Season

Snyder

Many business owners today are implementing accounting automation solutions, which is a great option to keep your financial records accurate and secure. But it’s not everything that a modern business needs from an accounting system. Luckily, accounting software solutions make the whole process easier.

Account 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accounting Basics for Small Business Owners [By a CPA]

LyfeAccounting

You also risk tax consequences by missing business deductions that can save you money on your tax bill. Now, you can save yourself from these financial headaches by having a reliable accounting system in place from the very beginning. The Accounting Process for Small Business. Quick Recap.

article thumbnail

Beyond Traditional Law Firm Accounting: Virtual CFO Services for Law Firms

Anders CPA

Smaller firms with under five partners will have a bookkeeper who knows QuickBooks or some other accounting software or look for support from a dedicated law firm bookkeeping service; they might also be getting some dedicated help with tax planning already. Week 4 allows for attention to special projects.

Account 52
article thumbnail

Beyond Traditional Law Firm Accounting: Virtual CFO Services for Law Firms

Anders CPA

Smaller firms with under five partners will have a bookkeeper who knows QuickBooks or some other accounting software or look for support from a dedicated law firm bookkeeping service; they might also be getting some dedicated help with tax planning already. Week 4 allows for attention to special projects.

Account 52
article thumbnail

How to Improve Accounting for a Transportation Business: 4 Essential Cash Accounts

Anders CPA

Your accounting management software only adds value if you’re maintaining proper financial records, cash flow statements, tax planning strategies, and forecasting practices. That said, everything your business does comes down to cash.

article thumbnail

14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

LyfeAccounting

Every year, more than 2 million taxpayers overpay their income taxes. This could be due to poor tax planning, or because they’re missing some of the biggest business tax write-offs. Meanwhile, the top 1% are using the tax law to their advantage to minimize their tax liability, oftentimes leaving us clueless….

Tax 52