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Accounting and Tax Guide

Four skills you need to succeed in a career at sea

Choosing a career at sea is not something that you should dive into without doing your research first. It is a different way of life and therefore different skills are needed. You may have studied hard at school or university; alternatively you may have a very impressive CV. These things will all stand you in good stead; however, a career at sea is not your run-of-the-mill job and there are certain niche skills that you will need. Problem solving ... [Continue Reading]

How To Get An Awesome Job In Engineering

Credit Do you feel your current employment solution keeps bringing you down? Are you spending more than seven hours each day out of the house for little more than the minimum wage? Then retraining to become an engineer could be exactly what you’ve been looking for. There are plenty of well-paid jobs available in this industry, and most of them are easy to come by if you have the right qualifications, and you show willing. With that in mind,... [Continue Reading]

How Entrepreneurs Could Impress on Dragon's Den

If you’ve ever watched Dragon’s Den, starring the likes of Kelly Hoppen, Deborah Meaden, and other smart multimillionaires; you’ll know that it’s an extremely nerve wracking experience...definitely not for the faint hearted. However, if you’ve got a product that you believe in, it could be worth getting yourself on screen for a chance of investment and the best marketing help out there. Here’s how entrepreneurs could... [Continue Reading]

Common Tax Issues That Small Business Owners Face

Around tax time, Uncle Sam often hits small businesses the hardest. One of the biggest reasons why small businesses are hit so hard is because many of the tax laws and structures are difficult to navigate, which leaves bootstrap companies in the lurch. When it comes to small business accounting, it is important to not only know how to navigate the waters of tax law – you also want to be aware of some of the common problems that small businesses... [Continue Reading]

Finding the Best Car Insurance Deal for a Student

The past few years has not been very fair on students and their families. Student maintenance loans have been decreased while student fees have increased. The cost of living has risen across the board and jobs are scarce. Not only that, but EU legislation has seen to it that the cost of car insurance has risen for women in particular and for young people in general. It seems as though it’s never been more financially difficult to be a student. ... [Continue Reading]

5 Helpful Accounting Tips for Startups

When you have a start-up business, you want to make sure that you do all that you can in order to make sure that your company offers a great product, provides impeccable customer service and perhaps, most importantly, earns a profit. Especially since according to many reports, nearly half of all new businesses close their doors within the first five years of opening them. Well, when it comes to keeping your finances in order, one of the main things... [Continue Reading]

5 Helpful Accounting Tips for Startups

When you have a start-up business, you want to make sure that you do all that you can in order to make sure that your company offers a great product, provides impeccable customer service and perhaps, most importantly, earns a profit. Especially since according to many reports, nearly half of all new businesses close their doors within the first five years of opening them. Well, when it comes to keeping your finances in order, one of the main things... [Continue Reading]

Is Debt Settlement a Viable Debt Relief Strategy?

Many Americans are struggling with large amounts of credit card debt. According to NerdWallet the average American household has over $7,000 outstanding on their cards and that amount increases to over $15,000 if you only look at indebted households. Not being able to pay your bills for one month can send you into a bad downward debt spiral that may seem impossible to escape. If you have more debt than you can pay back, debt settlement may be an option... [Continue Reading]

Important Tax Tips

Tax time can be a stressful experience for anyone. A careful attention to detail as well as proper planning helps relieve some of hassle that accompanies this thorny issue. Following the right steps ensures fewer potential difficulties throughout the entire process.  Arrange All Necessary Materials Before Preparation Arrange everything needed to correctly prepare taxes beforehand. Common forms include W2s and the 1099 form. Other additional... [Continue Reading]

5 Ways to Streamline Payroll Management for Your Business

If you’re someone who happens to run your own business, then you already know that it comes with a lot of demands. You have to make sure that you provide great products and/or services. You have to keep your website and social media accounts updated. You have to do all that you can to keep your customers satisfied. If you have a staff, you have to provide them with what they need in order to be productive. And, you also have to make sure that... [Continue Reading]

5 Small Business Accounting Tips to Prepare for a Financial Audit

You don’t need to have your masters in accounting to know when your small business is about to be hit with an audit. When it comes down to it, the IRS will surely let you know when they are about to storm your offices and invade your books. It can be an invasive experience, but it can really help if you are prepared. Preparing for a financial audit is a little bit like preparing your business for a potential financial tsunami. If you don’t... [Continue Reading]

Accounting & Tax News

Lewis named to accounting organization post
WASHINGTON – The American Institute of CPAs (AICPA) has named Troy K. Lewis, CPA, CGMA, chairman of its Tax Executive Committee. Lewis is vice president and chief enterprise risk management officer at Heritage Bank in St. George and is the sole ...

Financial Accounting Foundation Appoints COO
“Mary comes to us with an extensive background in corporate operations and governance, earned in a series of increasingly important leadership roles with major global banking and accounting firms. Her broad experience will be a significant asset to the ...

Viteos Awarded Best Shadow-accounting Firm
NEW YORK and LONDON, Oct. 24, 2014 /PRNewswire/ -- Viteos, the leading shadow-accounting firm for hedge fund managers, announced today it has been named as Best Shadow-accounting Firm (a new category) by HFM Week in their annual 2014 US ...

Tesco hit with US investor lawsuit over accounting irregularities
Britain's accounting watchdog, the Financial Reporting Council, said on Thursday it was looking into Tesco's announcement of accounting irregularities to determine whether it should take regulatory action. The case is Irving Firemen's Relief and ...

Deluxe buys Wausau Financial, accounting software maker, for $90 million
Deluxe Corp. is buying Wausau Financial Systems, a Wisconsin-based developer of accounting software, in a deal worth $90 million. Shoreview-based Deluxe, in a statement, said the deal for Mosinee, Wis.-based Wausau will strengthen its technology ...

Real Madrid vs. Barcelona, 2014 El Clásico preview: Accounting for key absences
With these teams being so evenly matched, Saturday's Clásico might come down to how well each team accounts for its big absence. Can James Rodriguez and Isco make up for the absence of Gareth Bale? Will Barcelona hold up defensively without Sergio ...

New student accounting center dedicated to Miller
This semester, Murray State accounting students have their own suite on campus to relax between classes, meet with colleagues and work on homework. The renovation of Business Building South's first floor for the Dr. Tim Miller Center for Accounting ...

College weighs proposals for accounting, Russian courses
Judd said that she did not see the proposed addition of an accounting class as a contradiction to the College's liberal arts mission, pointing out that Bowdoin has taught accounting classes in the past and that most of its peer schools offer similar ...

UK accounting watchdog studying Tesco statements
LONDON (Reuters) - Britain's accounting watchdog, the Financial Reporting Council, said it was scrutinizing supermarket Tesco's announcement on accounting irregularities as it decides whether to take enforcement action. Britain's largest retailer ...

Auditors want accounting of all Jackson Co. assets
In a report released this week, Auditor Stacey Pickering's office said the county did not have policies and procedures in place to maintain accurate inventory records. The audit is for the year ending Sept. 30, 2013. The audit found the county's ...

Tesco chairman to leave as accounting missteps hit profit
“The task of rejuvenating the company has been made all the more difficult in light of the accounting irregularities,” Neil Saunders, managing director of consumer research company Conlumino, wrote Thursday. Mr. Broadbent's departure “will ultimately ...

Business briefs: Schlenner Wenner accounting firm promotes 8
Schlenner Wenner & Co. recently announced several promotions. They are: Bev Oerhlein, firm administrator; Ryan Finberg, senior manager; Jon Archer, senior manager; John Marschel, senior accountant; Brian Skluzacek, senior accountant; Ann Becker, ...

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