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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. Client Appreciation Events: Host an event specifically for thanking clients, such as a barbecue or a day at a local baseball game. These can be done over a casual coffee or even a lunch.

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Top 10 Outrageous Things You Are Taxed On | You Won’t Believe This

LyfeAccounting

But in 1931, Capone was found guilty of 22 counts of federal income tax evasion and was convicted to 11 years in federal prison, in addition to $215,000 plus interest due on back taxes. You see, despite publicly displaying his wealth, Capone never filed a Federal tax return. And, we also offer tax resolution services.

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Can you express your strengths as impactful insights – or do you sound just like every other accountant?

Mark Lee

A common mistake made by lots of accountants is to accept the common assumption that accountants are pretty much interchangeable. This is a common misconception based largely, I think, on the fact that the output of an accountant’s work is often pretty much the same in terms of accounts and tax returns.

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Debunked: Correcting 15 misconceptions about networking

Mark Lee

3: Networking events are for picking up new clients No one goes to networking events to find a new accountant so don’t expect to meet new clients. Instead you need to play the long game, building relationships and trust which can lead to relevant referrals and recommendations. You are different to them.

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How to Pay Yourself as a Sole Proprietor

LyfeAccounting

For tax purposes, sole proprietors are considered disregarded entities. All this means is that you do not have to file a business tax return when you file your taxes. Instead, you will file a Schedule C when you file your personal tax return. The game is over.

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How to Get Government Contracts (How Our Small Business Got Approved)

LyfeAccounting

If you have filed business tax returns in the past, you should already have one and can locate this number on your tax returns. Once you register and are approved, then government contracts become fair game. Your EIN is what you will use as your Taxpayer Identification Number in your SAM Application.

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Top 5 Write Offs for New LLCs in 2021

LyfeAccounting

BUT, similar to the home office deduction, you can only write the business use of your cellphone. So if 80% of the usage of your cellphone is for business purposes, you can only write off 80% of the cellphone and monthly service on your tax return. So, it can be greatly beneficial to be taxed as an S-Corporation.

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