PDF-Tax Preparation and Small Business Bookkeeping - Unique Accounting

httpuniqueaccountingcom Our comprehensive business tax process will ensure you dont leave money on the table Call us today for a free consultation on all needs 702 2020272. Visuals. Budgeting & Accounting. What is budgeting. ?. Why do we budget?. What are your budgets?. Session . 17 Financial Planning Cash Flow & Profit / Loss Model. Start-up . Budget. Budgeting & Accounting. A bookkeeper worth his money will have the utmost respect for client information and confidentiality, and will have the ability, knowledge and experience to help support a small business with their day-to-day administrative duties, while remaining compliant with tax laws. If you’re the owner of a start-up or recently incorporated business, it can be helpful to know the basics of bookkeeping, whether you will be using the services of a paid professional, or not. Here are 4 main steps of the bookkeeping process that it can be helpful to understand: EA stands for ‘Enrolled Agent’ and this is the highest credential that the IRS award to tax Professionals; it’s recognized in all 50 U.S. states. Attorneys and CPA’s or ‘Certified Public Accountants’ are licensed on a state by state basis, and they are also empowered by the Department of the Treasury to represent taxpayers before the IRS. Filing your taxes each year need not be a stressful experience if you prepare in advance and take the time to understand a little more about what can get you a credit or a deduction. Even if you’re using the services of a tax professional, it doesn’t hurt to understand as much as you can about the whole process, and the more information you can accurately present to your tax professional well in advance of the due date, so much the better. With 2018 fast coming to an end, it’s time to ask yourself if you’re ready for the new tax season? 2019 brings in a variety of changes and each of these could go on to affect how you file and Form 1040. This year has been one of confusion and uncertainty for taxpayers, with President Trump’s reform kicking in, leaving many filers unsure of how it will affect their tax liability. Experts are warning about significant delays to the filing procedures, as the IRS, tax filing software providers and tax professionals integrate the Tax Cuts and Jobs Act into their filing and processing systems. Whatever the time of year, taxes are never far from the thoughts of most small business owners, and planning and preparing for them is an all year affair. Many small companies use tax professionals to assist them with their taxes, not only for convenience but for ensuring that their returns are timely and correct, and if you don’t yet have one, perhaps you should? Taxes are a hassle no matter how you tackle them, but there are ways of simplifying the whole process by planning in advance to help minimize your stress levels when your taxes are due: John Harman CPA PLLC (located at 1402 S. Custer Rd, S-102, McKinney, TX 75070, 469-742-0283) serves Collin County Texas (Allen, Fairview Frisco, McKinney, Plano, Prosper, Celina) with tax preparation and financial planning services. This PDF is the February 2021 tax tips newsletter from the firm\'s website, content provided by CPA Site Solutions. Visit: https://www.mckinneytax.com/areas_served.php One big part of owning a business is knowing how to lower your tax bill using deductions and tax credits. Visit: https://venusmichael.com/ The Benefits of Reading Books The Benefits of Reading Books The Benefits of Reading Books,Most people read to read and the benefits of reading are surplus. But what are the benefits of reading. Keep reading to find out how reading will help you and may even add years to your life!.The Benefits of Reading Books,What are the benefits of reading you ask? Down below we have listed some of the most common benefits and ones that you will definitely enjoy along with the new adventures provided by the novel you choose to read.,Exercise the Brain by Reading .When you read, your brain gets a workout. You have to remember the various characters, settings, plots and retain that information throughout the book. Your brain is doing a lot of work and you don’t even realize it. Which makes it the perfect exercise!