Financial Statement Preparation
Financial Peace of Mind
Financial statement preparation involves using standards set forth by the AICPA to organize and communicate critical financial information. This includes taking provided financial information that has been collected over a reporting period, and organizing the information into financial statements which will bring value to management. Common financial statement methods used for preparations include accrual basis, cash basis and income tax basis.
Recent Articles
How to Prevent Tax Identity Theft
The start of a new year is a time for fresh starts and new goals, but it’s also the beginning of the oft-dreaded tax season, which means Tax identity thieves are on the lookout for information they can use in order to create fraudulent tax returns. Here are some tips...
Break Bad Financial Habits and Make Your Money Work for You in 2020
Even those of us who have the best intentions with our money can fall victim to bad financial habits, which can cause unnecessary stress and anxiety. Some of the most common bad habits we fall into include: Impulse spending Not budgeting (or not sticking to a budget)...
Tips for Year-End Business Tax Planning
With additional guidance and regulations released consistently since President Trump signed the Tax Cuts and Jobs Act of 2017 into law, one thing remains clear: strategic tax planning is key to lowering a business’s total tax liability. Read on for some moves on...
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