June 2, 2012
Advertisements for easy-to-use tools and low-cost tax preparation services leave the impression that tax prep and planning can be mastered by novice preparers and those with no tax planning experience. Tax preparation is complex on its own, but planning requires a slew of other skills and adequate experience and education.
There is a major difference between tax preparation and tax planning. The former can be done by a computer program or tax preparer, but the latter requires the help of a professional CPA working in tandem with you to develop a sound and profitable tax program. For most small business owners, the assistance of a professional CPA is needed.
The bottom line: even if you think yours is a situation that is easy enough to handle on your own, rest assured that a CPA is better equipped to plan your tax strategy. The best advice is to seek the service of a CPA every few years to ensure you’re not missing anything significant and that your tax plan is economically beneficial to your business.
There’s no better time to talk about goals than the start of a new year. And what better topic than your career? The following are a few tips to help you set reasonable and achievable goals this year:
The New Year is the best time to take stock of your finances. So, as you begin the season of self-reflection and goal-making, take the time to review your spending and start making plans for a financially healthy 2020! Here are a few tips to get you started:
The holidays are all about spreading cheer…not calories and cavities. So, why not try a few dessert recipes that put a healthier spin on some holiday treat favorites. We offer a few tested (and delicious) recipe ideas for you here: