• Four Reasons To Hire A Payroll Services Company

    Running a business can be very hard because there are so many things to take care of just to keep the business running. One of the most important parts of running a business is paying your employees on time and the right amount. Using a payroll company to help with this aspect of running a business will allow you to focus your attention on other areas of the business that need your attention. [Read More]

  • Starting A Business? Don't Forget To Hire An Accountant

    Studies show that some of the primary reasons that businesses tend to fail is because they fail to plan financially, such as with liquidity problems and insufficient cash flow. In some cases, this may be due to the fact that these businesses didn't have an accountant. An accountant can prove to be a significant asset to new and old companies alike. So, if you're starting a company, here are three reasons you need to consider hiring an accountant: [Read More]

  • Tips For Minimizing Your Small Business Tax Liability

    As you grow your small business and your profits increase, so will your tax liabilities. If you aren't experienced in dealing with business taxes in general, you may not understand the various avenues available to you as an entrepreneur to capitalize on those profits while still minimizing your tax bill at the end of the tax cycle. Working with a CPA is often the best way to identify savings opportunities, but there are some tried-and-true options to consider. [Read More]

  • 3 Surprising Tax Deductions

    Taxes. They're one of the only things in life that are certain. While nobody really enjoys the process of filing taxes (except maybe the people who are paid to do it), learning about and taking advantage of the deductions available to you can make the end result a little better. Many people often--and unknowingly--pay much more than they need to. When you begin your tax preparation, take some time to get informed, and make the process a little better by knowing you're getting everything you deserve. [Read More]

  • Deductions And Credits That Put Money In Your Pocket At Tax Time

    You don't need to give all your money to the Internal Revenue Services to cover tax liabilities. If you were generous and gave to charity, the IRS rewards you with tax credits. You also get credit if you or a family member paid tuition for secondary education. Don't miss out on tax credits that might put money back in your pocket. Education Credits Education tax credits can significantly reduce your tax liability. [Read More]

  • 4 Benefits Of Using A Tax Accounting Service With A Mobile App

    Does your accounting firm (such as Herman & Cormany) have a mobile app? It may seem unnecessary for those that have simpler tax forms to fill out, but it can actually make the process of tax preparation much easier. Accounting firms that have mobile apps tend to be more tech-friendly and can offer a variety of extra features for their clients. 1. You Can Send In Your Receipts and Documents Easily [Read More]

  • Questions To Help You Find A Quality Tax Preparer

    You do not want just anyone preparing your taxes. You can someone who knows that they are doing to prepare your taxes. If your tax preparation specialist messes up on your taxes, you could lose out on refund money that you are owed, you may end up overpaying or underpaying, and you could get audited. Here are a few questions to pose to any individual tax preparer whom you are interested in hiring. [Read More]

  • Two Valuable Reasons To Hire A Certified Public Accountant For Your Business

    Running a business involves managing a constant stream of responsibilities and problems. In particular, a business's finances can be one of the most complicated aspects of managing an enterprise, and it is also one of the most important. Luckily, a certified public accountant can help your business effectively manage this essential aspect. However, if you have never considered hiring these professionals, there are a couple of important benefits that may help you decide this is a worthwhile investment: [Read More]

  • 2 Tips for Getting a Higher Tax Return

    With tax season approaching, many people are wondering how they can save the most money on their taxes and maximize their refund. If you are not careful you can easily overpay on your taxes. This is why it is important that you understand what things you can do to make sure that you utilizing your deductions, credits, and saving money. Here are some tips for getting the most out of your taxes. [Read More]

  • How To Settle Your Small Business Tax Debt

    The last thing you want to hear is that your small business owes a lot of money to the Internal Revenue Service (IRS) in back taxes. It is a reality that hits some people, and if you're one of them, you might panic and think that you're headed to jail. This doesn't have to be the case because, if you know what to do, you can offer them a settlement, or an Offer in Compromise (OIC). [Read More]