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Accounting and Tax Guide

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]

5 Signs Your Business Needs a CPA

Unless you hold a degree in accounting, it is very unlikely that you have the same skillset and knowledge as a certified public accountant (CPA). And while you may be able to get by for a while running the finances and keeping the books for your small business, especially with practically foolproof modern tools like QuickBooks on your side, the truth is that you have other tasks to occupy your time when it comes to keeping your business afloat, and you... [Continue Reading]

Accounting & Tax News

Chuck Gallagher: Stole from his accounting clients
Gallagher ensnared clients of his North Carolina accounting firm in a Ponzi scheme from 1987 to 1990. In the 1980s, some clients of Chuck Gallagher's certified public accounting firm in Morganton, N.C., got at least one service they undoubtedly didn't ...

Can Software Really Replace Accountants?
It's not a reality—yet—but accounting software is poised to eliminate accountants. We are at a tipping point for many similar professions: online education replacing professors, legal software replacing lawyers. As threatening as this sounds to ...

Comptroller candidate pans GOP accounting
The Texas comptroller should be ruffling the feathers of the governor and Legislature, a Democrat seeking the state's top accountant position said Monday in Longview. Mike Collier of Humble criticized Comptroller of Public Accounts Susan Combs, who is ...

Will Millcreek hire accounting firm before water sale?
McGrath also wants an accounting firm to examine Erie Water Works' 2013 financial statements and independent auditor's report, "paying particular attention to (its) operating activities and the significant philosophical differences between Erie's water ...

New Bachelor of Business Administration Degrees in Accounting, International ...
New Bachelor of Business Administration Degrees in Accounting, International ...

Report: Finance and accounting employee confidence drops
Atlanta-based Randstad U.S. said despite lower confidence levels among many of the index measurements, the finance and accounting sector remains one of the most promising and in-demand professions in the labor market. The U.S. Bureau of Labor ...

Forensic Accounting Case Study Spotlights CFO Fraud
Gettry Marcus CPA, P.C., a consulting, tax and forensic accounting firm, shares a Chief Financial Officer (CFO) fraud case study conducted by the firm. A client requested an initial audit to satisfy bank requirements of a wholesale/distributor of ...

Midyear accounting shows more breweries, 18% production hike
Midyear growth The Brewers Association's midyear 2014 report shows continued growth in American craft brewing, with production rising 18 percent over the first six months of 2014. The number of breweries also continued to rise. Read the news release ...

Will Millcreek hire accounting firm to adopt safeguards before water sale?
Millcreek Township Supervisor Brian McGrath twice has tried to get his fellow supervisors to hire an accounting firm to adopt safeguards before the expected sale of the Millcreek Water Authority's assets. And the last time he raised the issue at a ...

New accounting standard governing banks' loss reporting to come into force in ...
New accounting standard governing banks' loss reporting to come into force in ...

Former Public Company Accounting Oversight Board (PCAOB) Inspector Joins ...
Former Public Company Accounting Oversight Board (PCAOB) Inspector Joins ...

IFRS adds new complications to accounting mix
IFRS adds new complications to accounting mix. Brian Caplen | 28/07/2014 12:39 pm. Brian Caplen. The IFRS's latest attempt to simplify international accounting rules scores some small victories, but it also introduces a number of significant new ...

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