Once again our thoughts turn to personal income tax preparation, as the tax-filing season has arrived. The following steps will ensure that your returns will be completed in an accurate and efficient manner. SAVE ALL YEAR END TAX INFORMATION STATEMENTS that are pertinent to completing your return (i.e. interest, real estate taxes, brokerage statements, etc.) [...]
Why should I care about a chart of accounts? Money in, money out. What’s left over is profit, right? Sales minus expenses equal profits, right? Such are the type of questions we often hear from people who are considering opening a small business. We also speak to this topic with new clients who have decided [...]
What's the difference between a Business Plan, a Forecast, and a Budget? Or as I prefer to label it: Exercise, Control, and Agility. It is crucial to think about this now, because as we near the end of the year it is always a good time to do a little refresher to plan for the [...]
Can We Write Off the Holiday Party? New and prospective clients ask this question every year about this time, and it’s no wonder. When you consider the tax code goes under revision every year, it’s conceivable that deductions come under scrutiny for businesses and people alike. Let’s be clear to start. If you have not [...]
“See you tomorrow daddy…” I was in a rush, not paying attention and it did not even sink in for a minute. I had to get out the door to get to work. I was running late as usual. When I got in the car it hit me like a rock. My 4-year-old son had [...]
Clients, neighbors, friends, The Greater Hunterdon Chamber of Commerce, and the Mayor of Flemington, were in attendance as the Chamber formally acknowledged our new office in a ribbon cutting ceremony. Everyone enjoyed refreshments from several of our local purveyors and had an opportunity to explore our new dwelling and meet one another. As you can [...]
What is Xerocon? Imagine a multi-day conference attended by a group of leaders in cloud computing from around the world. Organized by Xero, a leading provider of cloud-based accounting solutions, there were presenters speaking on many facets of accounting, introducing revolutionary approaches to being a business innovator, how improved SMB productivity is being driven, and projecting [...]
Did you know that there are many benefits of accounting in the cloud (especially with a hurricane on its way)? Cloud computing has some great advantages, but the benefits of accounting in the cloud, especially if there is a hurricane on its way are especially worthy of consideration.
Operating a successful business takes more than just an idea, product or service, and the right partnership can have a lasting impact on the success track of any business.