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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

American Realty Declines for Second Day to a Record Low
American Realty Chief Executive Officer David Kay said yesterday that the accounting missteps came after a mistake in first-quarter results that wasn't intended to inflate adjusted funds from operations, a measure of REIT cash flow. The company changed ...

Bob Barnes, accounting firm founder, dies
"To me, he was a partner, a mentor and almost like a father to me," Cloppert said. Barnes Dennig is Cincinnati's fifth-largest accounting firm, with 62 local CPAs, according to the most recent Courier research. Bob Barnes had never been in the hospital ...

SEC probes Great Florida Bank's accounting accuracy
... in the case of an acquired bank the SEC investigators are probably looking into the individuals who were responsible for the bank's financial reporting and were aware about the accounting issues surrounding the repossessed building. Sallah said the ...

We Need an Accounting of America's Innocent Prisoners
A recent study found that wrongful death row convictions are higher than previously thought, with a conservative estimate that 4 percent of the roughly 3,000 prisoners languishing on death row across America -- at least 120 people -- are innocent. And ...

Merger will mean expansion for one of Cincinnati's largest accounting firms
Decosimo, based in Chattanooga, Tenn., and Elliott Davis, a Greenville, S.C.-based accounting firm that doesn't have any local operations, said Wednesday that they'll merge effective Jan. 1. The deal will create a firm that will be one of the nation's ...

Schorsch's empire jolted by $23M accounting mishap
Nicholas Schorsch downplayed the impact a $23 million accounting error will have on his REIT empire in a conference call with 300 broker-dealer executives Tuesday. Earlier in the day, Mr. Schorsch's flagship REIT, American Realty Capital Properties, ...

Thomson Reuters posts revenue rise on legal and tax & accounting
Oct 30 (Reuters) - Thomson Reuters Corp on Thursday reported a 1 percent rise in revenue because of growth in its Legal and Tax & Accounting businesses. The news and information company said third-quarter revenue from ongoing businesses was $3.1 ...

Merger to make Greenville's Elliott Davis a top 30 accounting firm
Greenville is set to be the home base for one of the nation's top 30 accounting firms now that homegrown Elliott Davis plans to merge with Decosimo of Chattanooga, Tenn. Rick Davis, managing shareholder of Elliott Davis and leader of the combined ...

PSC investigating accounting issues at United Water
In documents provided to the commission, United Water said its revenues in Rockland and Tuxedo were overstated by $2.5 million in 2010 and the accounting problems continued until 2014, when the figure grew to $2.9 million. It also acknowledged smaller ...

Mayor: Harrisburg achieves balanced budget despite inherited $4 million ...
Mayor: Harrisburg achieves balanced budget despite inherited $4 million ...

UNO expected to get $1.8 million for engineering, computer science and ... - The Times-Picayune
UNO expected to get $1.8 million for engineering, computer science and ...

UPDATE 3-Britain's Fraud Office launches probe into Tesco accounting scandal
LONDON Oct 29 (Reuters) - Britain's Serious Fraud Office (SFO) has opened a formal criminal investigation into accounting errors at Tesco, raising the stakes in a scandal that has hammered the reputation of the country's biggest grocer. Already ...

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