Preparing and filing accurate business tax returns can be complicated. That’s why so many business owners rely on CPAs to help them navigate the complexities of the tax world. As a CPA, it is your responsibility to help your clients manage their tax compliance and achieve the best possible outcomes… [Read more]
Four Year-End Tax Questions to Ask Your CPA
Your CPA isn’t just there to ensure that the numbers add up on your tax returns. They can also provide useful advice on how to manage your income for the year and estimate your tax liabilities going forward. A qualified and knowledgeable CPA can also give you insights to help… [Read more]
Calculating Your Business Tax Liability: Federal and California State Tax Law
States vary in their tax laws and in their allowable deductions for business owners. Because California’s state tax laws differ from federal tax laws, business owners in California should be attentive to ensure they comply with both the federal and state requirements. Working with a qualified CPA who understands California… [Read more]
The Small Business Owner’s Guide to Finding a Qualified CPA
As you search for the right CPA firm consider the following questions. After all as a Small Business Owner, switching CPAs can be a daunting and time consuming task and you want to ensure that the firm you choose has the right balance of services for your needs. Ask for… [Read more]
Small Business Owners: Mid-Year Review with Your Bookkeeper and CPA
Summer is in full swing now and. if you’re a business owner with sales that are heating up, this is the perfect time to take stock of your business’ financial situation. Mid-way through the year is the perfect opportunity to reflect and plan. Look back and assess how you are… [Read more]
The Tax Attorney: A CPA’s Secret Weapon
It’s relatively common to hear tax clients considering whether to partner with a Certified Public Accountant (CPA) or a tax attorney, as if the two professionals are competing against each other for a client’s business. The truth is, CPAs and tax attorneys have a number of differences that set their… [Read more]
Differences Between CPAs and Tax Attorneys [Infographic]
Are you facing problems with your taxes? Tax concerns are daunting at the best of times. They can put your business on hold, prevent your growth, and even come with legal repercussions. What makes these uncomfortable experiences even worse is not knowing where to turn for help. When you’re dealing… [Read more]
CPAs: How to Protect Yourself If You Suspect Your Client is Under Criminal Investigation
When it comes to financial matters, certified public accountants (CPAs) cannot use ignorance as a defense if their clients’ tax returns are later investigated. This is especially true if those financial matters involve legal issues — as they do if your client happens to engage in fraudulent or criminal activity…. [Read more]
When Do I Need a Tax Attorney and When Do I Need a CPA?
It can be complicated to know when to contact a tax attorney versus when to reach out to a CPA, especially when you need help with your taxes. Both professionals can help you with tax-related issues, but despite their similarities, a tax attorney and a CPA are used for very… [Read more]
