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2023 Readers’ Choice Awards – The Readers Have Voted!

CPA Practice

Categories for this year’s awards range from online tax, research and accounting systems, to remote engagement, practice management, document automation, workflow tools, apps for collaboration, mobile productivity and more. But even basic tax planning can make a big difference in reducing future tax liability.

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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.

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7 Big Tax Mistakes Business Owners Make & How to Fix Them

LyfeAccounting

To avoid this tax mistake, make sure to have some kind of accounting system in place that keeps track of your actual business expenses. Tax Mistake #5: Filing late. And again, if you need help with your business tax preparation , tax planning , or tax resolution , look no further.

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How to Start a Nonprofit Organization in 2021 (Step-by-step)

LyfeAccounting

You have tax exemption status. Of course, from our tax planning perspective, the biggest benefit is having tax exemption status once you incorporate your 501(c)(3). This basically means the corporation or the 501(c)(3) nonprofit organization does not have to pay taxes. We would love to help you out.

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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.

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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….

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