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Accountant Blog and News

IRS Tax Expert Miami

Do you have any issue with the IRS? Before you choose to call one of those hyped up,  big advertisers that claim they can resolve your issues, why don't you take a few minutes to talk with a  reliable and professional local tax representative? IRS Tax Expert Miami - Read More

What should CPAs and individuals know about the Equifax data breach

Professionals, in this regard, need to take much serious precautions. This is because recently, CPA firms of different sizes have been targeted with cyber attacks. The hackers in this case, often try to steal the social security numbers of clients. What should CPAs and individuals know about the Equifax data breach - Read More

The Senate and House reach a deal in new Tax Reform

It was announced on Friday evening that the Senate Republican leaders and House have both agreed to the new tax reforms bill ‘the tax Cuts and Jobs Act'. All of the differences that they had were left behind. Now, before becoming a law, a vote in the Congress is required. The Senate and House reach a deal in new Tax Reform - Read More

Small businesses offering healthcare through Obamacare

In the year 2010, the Obamacare Act or the Affordable Care Act was enacted in order to make sure that everyone can avail healthcare insurance. The Medicaid program extension and support medical care delivery were expected from it. Small businesses offering healthcare through Obamacare - Read More

Simple tax moves for small businesses

There are certain ways to decrease tax, which we will be discussing in this article. First of all, you will have to calculate your tax bill. To know your tax liability, you can make use of a withholding calculator of the Internal Revenue Service (IRS). Simple tax moves for small businesses - Read More

Different valuation approaches for business owners

It is extremely crucial to get a business valued, and this especially applies to individuals who own business quite frequently. Often at times, it is done for a specific purpose which includes postsale retirement planning. Sometimes, however, it may be required due to estate tax planning (in this regard, you can also contact a tax expert Sarasota Fl) or for a financial statement. Whatever your reason is, there are a number of ways through which you can value a business. Different valuation approaches for business owners - Read More

CPAs should know the client needs and risks when working as CFOs

Nowadays, a big number of clients have online businesses. Due to the technology that they have at their expense, business growth can be ramped up in months rather than in years. At the same time, a big number of these business owners to not have the skills necessary for managing their rapid growth of business. As a result of this, they as their CPA or Accountant Sarasota Fl for help. CPAs should know the client needs and risks when working as CFOs - Read More

AICPA-survey-cpas-more-upbeat-on-us-economic-growth-outlook

the managing director at AICPA said, “In addition to expectations for business tax reductions, executives cited several factors for the boost in optimism, including rising consumer demand, a strengthening global economy and the perception of more pro-business policies at home.” AICPA-survey-cpas-more-upbeat-on-us-economic-growth-outlook - Read More

CPAs-Need to Join the 21st Century

In a changing world, the CPA profession seems to remain unaltered, with a feeling of no competition from other sources. It is not just that an accountant has to assist his clients in their accounting, technology stack or settle their books every month or do a few tax returns. CPAs Need to Join the 21st Century - Read More

3 money matters for new medical practices

The very first step needed in beginning the physician practice is to find the appropriate professional team. Then you need to get referred to it. In order to make sure that you concentrate on the practicing and patients, you should operate with attorney, certified public accountant (CPA), wealth management team and practice manager. 3 money matters for new medical practices - Read More

Accounting and Bookkeeping

When trying to run a business, it can be overwhelming to think about handling your accounting and taxes. If you are looking to have a bit of stress relief, consider hiring Fajardo and Associates for all of your tax and accounting needs. If you are looking to get started with a new business, it is great to begin with an accounting service on your side. Accountant and Bookkeeping - Read More

Moving from SSAE 16 to SSAE 18

If you are a corporation, your team is probably pretty familiar with filing a SOC report (Service Organization Controls). This is a reported that shows the controls over financial reporting. It basically has to do with reviewing the potential risks with outsourced services. This is what the SSAE 18 has to do with, reporting requirements. Moving from SSAE 16 to SSAE 18 - Read More

Paying the IRS Late is Sometimes a Business Plan

Obviously, you don't want to pay the IRS late. That is generally always something that is frowned upon due to the negatives that go along with it such as penalties and fees. It doesn't generally seem worth it. Paying the IRS Late is Sometimes a Business Plan - Read More

The Ethical Responsibilities of CPA

CPA's, like other professionals, are held to certain standards that lead them to make proper decisions. This would be the ethics that they must follow. The Ethical Responsibilities of CPA - Read More

Your restaurant WILL fail if you do these 5 things

It's not just about a bad location, poor service or dreadful food. Half the reasons restaurants fail is because the owner neglected the finances. While not as exciting as menu creation, food buying or designing the décor, a restaurant's finances are just as vital to success. Moving from SSAE 16 to SSAE 18 - Read More

Goods And Services Tax May Reduce Bills In Restaurants

The brand new Goods And Services Tax (GST) means smaller restaurants will pay a lower tax in their sales, which will also mean less spending for customers who go there. Previously, restaurants added a higher sales tax to the bill, adding to the cost of the meal, which is not a popular thing with customers. The GST is 5%, while service tax added 15% to the bill. Paying the IRS Late is Sometimes a Business Plan - Read More

To capitalize or expense a purchase for your restaurant

This is one of the most difficult concepts for business owners to grasp. In general terms, most business purchases are tax deductible. It's the decision as to whether that purchase is an expense or an asset that will determine how you account for it. That decision rests on whether you want to write off the purchase in the same financial year it was made, or amortize (depreciate) it over a number of years. The Ethical Responsibilities of CPA - Read More

4 key things you MUST do for your restaurant to be a success

Not the most exciting aspect of running a restaurant we agree, but just as vital to success as anything else, good accounting procedures will not only help you monitor the success of your business but also provide an accurate framework for planning future growth. Here are the four most important areas to consider. Moving from SSAE 16 to SSAE 18 - Read More

Miami Accountant Start Ups

Are you thinking of starting a company? Have you already done so and don't know what to do next? If you've answered yes to these questions, then you're in the right place. A start-up company, in its early stages, often has a very small staff, little money, and a large check list of things to do. Below, you can find some tips that will aid you in creating a successful company. Start Ups - Read More

Look after the numbers and your business will look after you

You finally have your own business. You have a great idea, you work hard, your clients love you and you're growing fast. You're also busy, busy, busy and the last thing you want to think about is the accounting. Look after the numbers and your business will look after you - Read More

Errors in accounting will face increased transparency with new FRC procedures

Annual reports will now be releasing information about accounting errors within companies due to updated procedures within the Financial Reporting Council, otherwise known as FRC. Errors in accounting will face increased transparency with new FRC procedures - Read More

Charitable giving and high income taxpayers

Annual reports will now be releasing information about accounting errors within companies due to updated procedures within the Financial Reporting Council, otherwise known as FRC. Charitable giving and high income taxpayers - Read More

The top 10 risks of 2018

The increased risk of technological developments along with disruptive innovations and organizational opposition to change are the main concerns... The top 10 risks of 2018 - Read More

Small Business committee supports a more simplified approach to goodwill

Several representatives from different auditors, small businesses, and investors told the FASB on the 30th that they back more change to the accounting approach to Goodwill, Small Business committee supports a more simplified approach to goodwill - Read More

Florida Tax CPA firm post its Florida client review Video

A Florida CPA accounting firm has done the remarkable by announcing the intended release of its newest review video on the popular video website YouTube. Florida Tax CPA firm post its Florida client review Video - Read More

Radical Technology change provides a fantastic opportunity to CPA firms

Technology is positively changing the practice of accounting. Now is the time for CPA firms to thrive and grow, the CEO of CPA.com said in his keynote address at the 2017 digital CPA conference. Radical Technology change provides a fantastic opportunity to CPA firms - Read More

How to evaluate software as an accountant

An accountant is often tasked with making crucial decisions on a day to day basis. But of all the decisions an account has to make, choosing which software to utilize is often the most important of such decisions. How to evaluate software as an accountant - Read More

Finalists emerge for accounting technology startup accelerator

The Association of International Certified Professional Accountants and CPA sponsored startup accelerator has had it four entrepreneurial companies' finalists. Finalists emerge for accounting technology startup accelerator - Read More

Human Resources Consulting Services

The human resources field is expected to grow in the coming years, with those who have degrees and who are certified being the most likely to easily find jobs in the field. Human Resources Consulting Services - Read More

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