Congratulations! You did it! You pulled the trigger and decided to make your Side Hustle your Full-Time Hustle! But wait. Now you need to make an entity choice for your business?! A tax professional can help you choose which way to go – LLC or Corporation. ...
While most people think of tax season ending in April, for tax professionals, the season has a much scarier official end date, October 15. Its proximity to Halloween can make the deadline feel spooky. Nevertheless, this 2020 tax season has several hidden aspects. We...
Are you prepared to lose 5% of your annual revenue to fraud? That’s the amount Certified Fraud Examiners (CFEs) estimate is annually lost in the 2020 Report to the Nations issued by the Association of Certified Fraud Examiners (ACFE). Every few years, the ACFE...
As professionals, we frequently throw around words forgetting that we’re speaking in code or industry jargon. A new-ish term in the financial world is Fractional CFO (Chief Financial Officer). Huh? Ya. We got you. This new role popped up due to the prevalence of...
Our new clients often tell us that they want more than a transaction-based relationship with their CPA. Their old relationship felt one-sided and ended with a tax return handoff. Enter a holistic approach to accounting. At Tax Time CPAs, we take a holistic approach...
As we approach the third quarter’s end comes the realization that financial organizations are again pushed to the back burner… again. Usually, this leads to frantic internet searches to determine how to approach that stack of business receipts and bank...
