Audits & Assurance

10 Elections That Can Save Money on Your 2015 Federal Taxes

This year’s presidential election has drawn significant attention, but the elections you make on your 2015 personal tax return can be just as important to your financial welfare. Here’s a list of 10 potential elections for individuals (including self-employed taxpayers) to consider making before tax day on April 18, 2016 (or April 19 for taxpayers… Read more »

DO I NEED A CPA?

Do I need a CPA? This is one of the most common questions we hear. Well we came up with 17 reasons why you should seriously think about hiring an accountant. Whether you’re looking to save some money, prepare your taxes, manage your investments, or plan your retirement, an accountant can help. Changing Tax Laws For most… Read more »

TOP 8 ACCOUNTANT MISCONCEPTIONS

When operating a small business, your focus tends to be more on how much money you are making or how many products you’re selling. Less time is being spent on basic financial functions like staying updated on government regulations or growth opportunities. All of these factors play a huge part on the success of your… Read more »

Businesses: How to Help Prepare for Audit Season

The busiest time of year for external financial statement auditors generally runs from January to April each year. But CPAs usually start gearing up for audit season in November of the preceding year. Accountants meet with clients, assign staff and schedule fieldwork. Then, the team conducts preliminary financial analytics, observes physical inventory counts, assesses risk factors… Read more »

Why You Need an Accountant for Your Small Business

This article is courtesy of  YFS MAGAZINE by  JEFREDA BROWN Reading the news headlines these days should be reason enough to make sure your business is operating in accordance with local, state, and federal regulations. Laws are constantly changing. Businesses are failing because of bad accounting, which means there was no third party to hold the business owner(s)… Read more »

What You Should Consider When Hiring a Benefit Plan Auditor

As an employer with more than 100 participants in your employee benefit plan, your retirement plan is required to have an employee benefit plan audit. One of the most important duties you have as the plan administrator is to hire an independent qualified public accountant to perform the audit. Determining if You Need an Audit… Read more »