Whether you’re an individual, startup, small business, or a large corporation, our CPAs and staff are here to serve you and provide exceptional accounting services for you and your company.
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Why Are CFO Services Necessary In A Startup?
- November 14, 2018
- Posted by: Smith & Smith
- Category: Start-Up Businesses
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There are many reasons why new businesses fail to convert into a successful venture. One of the main reasons is that they run out of cash. With the advent of globalization since the late nineties, business houses seek ways to expand their customer base beyond regional and national boundaries. Startups are no exception. But, they
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How Can Your Business Benefit From An Audit?
- September 28, 2018
- Posted by: Smith & Smith
- Category: Business plans
Audit means the inspection of the business accounts, including accounting systems, documents, and invoices. The primary goal of auditing is to check the accuracy of the financial statements. Usually, it is conducted by an independent organization that it is separate from the company. Financial experts say that when an audit is completed, it uncovers plenty
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Know Why You Should Hire A Professional For Tax Advisory Service
- August 3, 2018
- Posted by: Smith & Smith
- Category: Advisory Services
A tax advisor, also known as a tax consultant, is an expert having immense knowledge in finance and tax law. The sole duty of a tax advisor is to reduce the tax required to be paid by a company despite abiding all the rules stated by the central or federal government. Tax advisory service
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Hiring Mistakes Can Lead To Major Demerits, Know How It Can Be A Drawback
- July 5, 2018
- Posted by: Smith & Smith
- Category: Advisory Services
Identifying the suitable candidate for your organization is extremely important as a bad hire can have a huge impact on your business. Therefore, it is important for an interviewer to know how to carry out an interview and ask the right questions. Reports suggest that an amount of around $72 billion is spent every year
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Obtaining Feedback From Your Clients Can Be Beneficial For You
- June 22, 2018
- Posted by: Smith & Smith
- Category: Bookkeeping Service
Your client’s feedback can motivate you to produce efficient work and also help you figure out the positive changes that you can bring to your service. A happy client can do wonders for your endeavor, therefore, always remember to meet his expectations. Getting an insight into the quality of work that you are offering is
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Know Why Having An Emergency Fund Can Be Advantageous In Many Ways
- June 13, 2018
- Posted by: Smith & Smith
- Category: Financial Management
There could be instances where life may throw some unavoidable circumstances and financial surprises at you without notifying and your emergency funds might be of great help during such situations. Saving an amount equivalent to the total salary of six months can be extremely beneficial for you, but, make sure to save that money in
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Every Business Must Avoid Committing These Budgeting Mistakes
- May 30, 2018
- Posted by: Smith & Smith
- Category: Business plans
A business can achieve its set goals only if the business owners tackle every challenge in a planned manner. Budgeting is really important to face and overcome any challenge in business because it is the backbone of any business. A business will not be able to flourish and achieve its goals until and unless a
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Your Easy Guide to Finding Unclaimed Money
- July 19, 2017
- Posted by: Smith & Smith
- Category: Bookkeeping Service, Federal Income Tax Preparation, Finding Unclaimed Money, Income Tax Preparation, Tax Audits
Imagine finding out that your money is somewhere out there, waiting for you to claim it. What would you do? Search for a fast way to get it back of course! The list below will give you a few ideas on how you can locate your long-lost money. The Federal Government and Its Savings Bond
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Make Informed Accounting Decisions for a Better Investment
- December 8, 2016
- Posted by: Smith & Smith
- Category: Blog, Investment
Keeping your cool is perhaps one of the best advices in the business world. This is especially true for investments as an equity shareholder. However, there are a lot of risks involved, which is why keeping your cool is important. If you have a solid accounting team managing your finances, you can make informed decisions
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Income for Businesses and Changes in Accounting Methods
- November 15, 2016
- Posted by: Smith & Smith
- Category: IRS Representation
The IRS released modifications to their automatic accounting methods (Rev. Proc. 2016-29) on May 5, 2016. This change allows the List of Automatic Changes permitted to be filed under Rev. Proc. 2015-13, and replaces the Rev. Proc. 2015-14 guidance, which contained the current list of automatic changes. Listing the Major Changes that can Affect Income