South Florida, specifically Miami, is a wonderful location in which to live and also own a business. World-class beaches, a sub-tropical climate and diverse cultures attract a steady stream of new residents every month to “The Magic City,” but there is yet another reason to celebrate living in Miami. The Tax Foundation’s report titled “State[…]
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As you enter the workforce, planning for your retirement 40 years (or more) down the road can seem quite daunting; however, having a sound retirement plan in place is one of the smartest and most practical things you can do as soon as you start making money. The sooner you start saving for retirement, the[…]
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When it comes time for your small business to be audited by the IRS, it’s important to be aware of what they’re looking for. The IRS training manual explains to its auditors that they need to look at the owner as much as the business, and make sure that everything matches up in terms of[…]
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Congratulations, you are a small business owner! While you may be a great manager and be an expert in the business you are in, accounting mistakes are common for small businesses. These mistakes can prove costly and hinder the growth of your small business. We at Verdeja, De Armas & Trujillo, LLC would like to give[…]
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There is a significant number of employee fraud cases involving small businesses – usually moderately successful ones. These types of businesses entail a business owner living an above average lifestyle, who doesn’t realize the need to instate a structured accounting environment in their business’s layers of management or employment of an audit firm. A struggling small business[…]
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