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How Do the Best Accountants Survive the Busy Season?

accountant busy

Accountants share stories of working 80 hours a week or gaining 10 pounds from the stress. You would never want to hire any accountant who’s too busy to pay attention to your need. The best accountant considers this time of the year for achievements and growth for the firm. Infact, he survives the...

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Top 5 Tax Deductions That Are Eliminated in 2018

tax deduction eliminated

If you are a taxpayer, you should be concerned about the fact that under tax reform, the deductions that you have counted on to minimize your taxable income is not available or it has disappeared this year, 2018. Read below to learn what the tax deductions are that have disappeared this year. 1. Mo...

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Earn Some More! Rent Your Vacation Home Wisely and Save on tax

vacation home tax save

There is no denying the fact that the tax rules on rental income from your vacation homes or second homes can be quite complicated especially when you rent your home for several months and also use the home yourself. As a homeowner, if you rent your property or home for 2 weeks or fewer days in a ye...

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Top 5 Secrets to Ax Your Tax

ways to reduce tax liability

Tax planning is an integral part of any financial plan. It does not matter whether you are a small business owner or a salaried person, you must be interested in reducing your tax liability. According to the US Small Business Administration’s Office of Advocacy, you might face an average tax rate ...

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How to Close Your Year-End Book Successfully? Top 5 Tips

tax services santa monica

In every financial yearend, we are often asked a number of queries from our clients. And, most of them are worried about how to close their year-end book. Well, this is true that closing the year-end book successfully is a daunting task for the companies until and unless they take help from professi...

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How to Hire a Good CPA? Know Yourself Before Knowing Him

CPA Beverly Hills

If you are a small business owner in Beverly Hills, you would know the importance of hiring a CPA. This is true that some businesses do their tax and accounting work themselves, but if you are not an expert in this, hiring an expert would be a wise idea. Only a professional knows how to make your wo...

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Top 4 Myths about Accounting & Bookkeeping and The Truth Behind Them

accounting bookkeeping myths

When it comes to ensuring the success of your business, paying extra attention to your accounting and bookkeeping is vital. Keeping the record of all your financial transaction is a must irrespective of the size of your business. The right financial transaction record helps you to minimize the chanc...

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Three Most Common Types of IRS Tax Penalties and The Ways to Waive Off

cpa beverly hills

There are a number of business owners and individuals who have filed and forgotten their tax returns. If you are among those, you might have already got an abrupt reminder for an IRS penalty. Below are discussed three most common types of IRS tax penalties and the way how can get relief. 1. Unable ...

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Top 5 Factors to Consider to Find the Best-Fitted Accountant for Your Business

accountant santa monica

Running a small business is not as easy as it seems to be. You have to take care of each and every factor that might affect your business growth. If you are from Santa Monica, you would understand the problem that the small business owners face. One of the major concerns for them is to maintain thei...

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Why Every Small Business Needs an Accountant? Top 6 Reasons

tax accountant los angeles

If you are a small business owner, you might understand how difficult it is to complete your tax return. I am sure bookkeeping and accounting are also not an enjoyable task for you. However, most small business owners think that hiring an accountant is nothing but spending money. But the fact is, by...

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