About Me

Understanding Your Potential Write-Offs

If you are like most small business owners, you might be in the dark regarding the taxes you have to pay and the ones that you don't. Write offs and tax codes can be difficult to understand, which is why it is so crucial to work with the right accountants. When I started working with an accountant, it was amazing to see the difference that it made. Overnight, my books made more sense and my accounts were simple to figure out. This blog is all about understanding your potential write offs, and avoiding issues with tax liabilities, mistakes, and audits.

Tags

Bookkeeping 101: 4 Beneficial Reasons To Hire A Pro

Posted on 18 July 2016

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

Posted on 26 May 2016

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]

Steps To Take If The IRS Has Audited Your Small Business

Posted on 18 May 2016

Every business owner has a fear in the back of their mind about getting that dreaded certified letter from the IRS or Internal Revenue Service. While it could be related to any tax question or concern, it could also contain an audit request. This means that an IRS agent is specifically honing in on your past or present year corporate tax return. The process can be tedious and you could possibly be fined a significant amount should you have made a mistake on a past return or fail to turn over all of your financial statements. [Read More]

3 Good Reasons To Hire A Small Business Accountant

Posted on 4 May 2016

Are you excited because you are getting ready to start your own small business? The most important aspect of running a small business is to keep track of the finances, which can be done more precisely with assistance from a professional accountant. Take a look at the information in this article for a list of the services that a professional accountant (such as Teri J Henderson, CPA, P.A.) can provide to your small business. [Read More]