Three Reasons Why You Need To Hire A Professional Tax Preparation Company When Opening A Business

When you start your own business, it is important to make sure that you properly plan for your taxes. Understanding the tax codes as a private business can be difficult if you have not been properly trained. Fortunately, you can hire a professional business tax preparation company to make the planning easier. Below is a guide that will walk you through the many ways a tax preparation company can help you properly prepare your business for filing taxes. [Read More]

Own a Business? Your Personal Tax Debt Can Impact Your Business

If you own your own business or are a partner in a business with others, your personal tax debt can affect your business if you fail to pay your taxes or own a significant amount of back taxes. Depending on the legal setup of your business, the IRS can seize both cash and assets from your business to resolve the personal tax debt that you owe them. Business Partnerships If you are in a business partnership, your business is not safe from the IRS. [Read More]

Bookkeeping 101: 4 Beneficial Reasons To Hire A Pro

If you own a small business, you should definitely consider hiring a bookkeeping service. While you might not think it is in your budget, you can actually save a lot of money—and time—by delegating your financial tasks to a bookkeeper. In fact, there are many benefits to hiring a professional to complete your books. Here are just four reasons to consider it: 1. Timely Bill Payments Operating a small business is often time-consuming, especially if you are wearing many hats. [Read More]

You Need Professional Help! 3 Reasons To Hire A CPA To Do Your Taxes As A Freelancer

No clock to punch, no boss over your shoulder, no asking for days off--being a freelancer, whether it is a freelance writer, website designer, or otherwise, sure sounds like a dream come true. But when April rolls around and tax time hits, your life as a freelancer may seem anything but dreamy. Being in charge of your own employment means gone are the days of a simple 1040EZ tax return. It will probably just take you one tax-filing season to be driven to one conclusion: you do need professional help (in the form of a CPA, of course). [Read More]