Blog Archives
Reading Time: 4 minutes A CPA provides expertise in the financial industry. Businesses often hire them to manage tax planning, financial forecasting, and defending any issues in front of
Reading Time: 3 minutes The short explanation lies in the statement all CPAs are accountants, but not all accountants are CPAs. While it’s easy to get the two confused,
Reading Time: 6 minutes Employee classification ultimately affects how you issue payroll. Each team member will be paid differently depending on whether they are a full-time or part-time employee,
Reading Time: 5 minutes If you don’t file your taxes on time, you will be liable to pay penalties in addition to the taxes you owe. This statement may
Reading Time: 5 minutes Keeping records of your sales, purchases, and expenses is not only a good business practice, it’s essential. Your receipt and record keeping practices impact every
Reading Time: 3 minutes Whether you work with a CPA who provides you with monthly and annual statements, have an in-house accountant or bookkeeper, or are an individual engaged
Reading Time: 4 minutes Each tax season, many business owners and individuals discover they owe the IRS late filing penalties and/or late payment penalties. But, more often than not,
Reading Time: 5 minutes Filing your tax returns can be a very overwhelming process. The situation can add to the complexity when you file an extension for your tax
Reading Time: 3 minutes With inflation going up, people get pushed into higher income tax brackets as well. To regulate the impact of inflation, the income tax bracket gets
Reading Time: 3 minutes As the new year is approaching, the deadline to file your tax for 2023 is near. It is estimated that the IRS starts accepting tax
With our expert team, strong code of ethics, clear vision and passion, we strive to meet our clients’ financial goals
For assistance in planning and transferring your US assets to Canada please contact our colleague Phil Hogan, CPA, CA, CPA (CO) at 250-661-9417 or via email at phil@philhogan.com
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