With the end of summer and start of the school year, determining what expenses qualify for the Child and Dependent Care Credit can save you money come tax time. The Child and Dependent Care Credit applies to expenses incurred for the care of a child, spouse, or dependent while you (and spouse if filing jointly)[…]
Read MoreIt is said that a new small business’s most important year is the first year of operation because it’s in this first year that usually determines whether a business succeeds or fails. One of the main reasons for failure within the first year is due to improper financial forecasting and mismanagement of a business’s cash[…]
Read MoreSmall business owners can sometimes find bookkeeping a daunting task when it comes to managing their business and feel that it takes away from their day-to-day business operations. However, successful business owners adopt certain practices and procedures to help them organize the mounting receipts, invoices, and paperwork in an effort to help them stay on[…]
Read MoreAs you probably already know, the American Institute of Certified Public Accountants (AICPA) will be administering a new version of the Uniform CPA Exam starting April 1, 2017. Why the Changes to the CPA Exam? In a practice analysis conducted by the Board of Examiners of the AICPA, which aimed to make sure that the[…]
Read More
Summer is the time for swimsuits, flip-flops, parties and vacations, but when people are busy with these activities, they’re not making purchases or using services from your business. The core group of loyal customers that you rely on is spending their money on other things, and acquiring new customers is difficult when the majority of your[…]
Read More