Whether it’s a startup or an established business, it’s difficult to meet your business goals wearing all the hats. Although an in-house team can handle bookkeeping, tax prep, or payrolls, outsourcing accounting services can bring a better experience. If you’re operating on a lean budget, why not reduce the headcount […]
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Tax Services Are you looking for the best tax services in Charlotte? You’re in the right place. In 2020 Americans owed the IRS over $114 billion in penalties, interest, and back taxes. Difficulty understanding how the tax system works is the leading cause of this problem. So, to overcome this obstacle, most
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Having an accounting firm that you trust can help protect your business from costly financial mistakes. It can make your job as a business owner less stressful. However, not all accountants and CPAs are created equal. Do you want help finding the best business accounting firm for your company? Keep
The Complete Guide That Makes Choosing the Best Accounting Firm Simple Read More »
If you pay attention to financial news, you can’t escape hearing about Bitcoin and other cryptocurrencies. Bitcoin is just like country music, Justin Bieber, and pineapple on pizza — people either love it, or hate it, but there’s no middle ground. The billionaire Warren Buffet dismisses it as a “mirage,”
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Take a look at our Internal Revenue Code. No, really, take a good look. (You can buy it on Amazon for just $161.89: two thick paperbacks totaling 4,968 pages. You even get free Prime shipping!) At first glance, it’s all about the revenue. For FY 2019, federal income taxes should hit
Carrots Versus Sticks and How the IRS Uses Them Read More »
If you were coaching your kid’s basketball team, you wouldn’t win many games if you told them to aim for the backboard. Your opponents might love you, but there would be at least one dad in the stands screaming at you the entire time. So why have some tax collectors given up
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Reality television has introduced us all to the joy of the “big reveal.” HGTV specializes in this sort of story. The perky couple, handsome brothers, or plucky first-time homeowners spend most of an episode covered in plaster dust and paint. Then after the final commercial break, they pull back the
Income Tax Returns: The Finnish Take Read More »
Big-league baseball players like the ones who just wrapped up the World Series enjoy careers that last 5.9 years on average, and with 162 games per year, they enjoy lots of chances to be heroes. But eventually, even the best of them hang up their cleats and join the rest
Accountants Behaving Badly, Part 40 Read More »
Legend holds that in 1494, an Italian friar named Luca Pacioli was sitting under an apple tree when an apple bounced off his head. In a flash of insight, he invented the “double-entry bookkeeping” system where each entry has a corresponding and opposite entry to adifferent account. Those entries, called debits
A Scary Disconnect: When Debits and Credits Don’t Match Read More »
Life is full of ups and downs, and sometimes the downs can be so low that it doesn’t feel like there’s ever going to be an up again. How many people have dreamed of faking their own death and disappearing under a new identity, never to return to their problems
The Taxpayer Who Never Was Read More »
