There are 30.2 million small businesses in the US alone — and they make up almost half of the country’s workforce. All of these businesses live and die by their cash flow. This means it’s crucial to be able to assess your company’s cash flow and how it is impacted by taxes. […]
This Is How to Calculate Operating Cash Flow Read More »
Good cash flow is the life of any company. Few things are more anxiety-inducing than being in the red, which is why increasing your cash flow should always be a priority. But maximizing your cash flow is easier said than done – especially for many small businesses and sole proprietorships.
The Best Tax Strategies to Maximize Your Cash Flow Read More »
Did you know that there are over 300,000 IRS audits each year? These could lead to several consequences, such as fines, fees, and inconveniences for your business. So, it’s in your best interest to prioritize working with professional tech services. However, not everybody understands what to look for in accounting services for
What to Look for When Choosing Tax Accounting Services Read More »
In 2019, only 2.9% of corporate returns were audited. Learning about taxes can seem overwhelming as there is so much paperwork and forms to file. But, business taxes are an essential part of running a successful company. Thankfully, tax services can make the process easier and support you in getting the documents
How to Get the Most Out of Tax Services Read More »
Filing taxes can be an expensive part of running a business, with 46% of businesses spending between $5,000 and $20,000 each year on the administration of taxes, legal fees, and other internal costs. Not only can tax preparation cost a lot of money, but it also takes hours and hours to prepare
Tax Services in Charlotte, NC: When to Hire a Professional Company Read More »
Cash flow is defined as the money that flows in and out of your business. Most businesses issue monthly statements to report on their cash flow. If you have more money coming into your business than going out, you have a positive cash flow, also known as being “in the
Effective Ways to Manage Your Cash Flow Read More »
Did you know that $3.71 trillion in taxes was collected in 2020? You’ll undoubtedly need to employ tax services this year if you don’t have the time to spend hours filling out your own tax forms, if your tax situation is complicated, or if you simply don’t know where to start. Don’t give
7 Questions to Ask When Hiring Tax Services Read More »
The United States collects nearly $4 trillion in taxes each year. A year-end tax preparation meeting with your CPA is essential for many taxpayers, especially those who run a business. The aim of an annual tax meeting is to assess your tax liability for the current year and, if necessary, clean up your
How To Prepare for Your Tax Services Meeting Read More »
There are over 600,000 new companies formed in the United States every year. Interestingly, many people are unaware of the fact that many of these companies fail. As you might guess, one of the most important responsibilities that you have as a business owner is tax planning. It should come as no
Tax Services: 8 Common Tax Prep Mistakes (And How to Avoid Them) Read More »
Did you know the IRS charges 5% of unpaid taxes for every month you don’t pay them? If you want to keep up with that and other business financial matters, consider using tax services. A good accountant can save you time and even money. That way, you can focus on growing your
Tax Services: 7 Reasons Your Startup Needs an Accountant Read More »
