Blog

Information Systems
pAn accounting system is a collection of interrelated processes designed to accumulate, organize, and report on an organization’s transactions. The ultimate goal of an accounting system is to generate reports based on this information to support management decision making.
Posted November 18, 2015
Information Systems
pspanWithin the world of software development the term “beta” refers to the fact that the software is still under development and is not the final version of the software./span/ppWhy does a software manufacturer offer beta versions of their software to the general public?/ppSoftware manufacturers offer beta versions in order to take advantage of a
Posted November 15, 2015
End of Year
pIt’s never too late to save money, even if you’re in the final hour of the tax year.
Posted October 27, 2015
Deductions (Loans/Donations)
pIt’s not unusual for a family member to provide financial assistance to another family member by giving the recipient money to meet a need -- i.e. to help purchase a home, pay for medical expenses, etc./ph4What If You Classify It as a Loan?/h4pThe parties might want the transaction be structured as a loan.
Posted October 26, 2015
Business Strategies
h4Financial Ratios/h4pFinancial ratios are metrics that help measure the health and performance of a business. Such ratios help tell the story behind what’s disclosed in the company’s financial statements, and they are relevant for both small and large businesses.
Posted October 23, 2015
Tax Planning
pIt’s never too early to begin detailed planning for next year’s taxes -- especially as we head into the final stretch of 2015 and get a better look at what the coming tax season has in store./ppWhile official numbers for 2016 are not yet released by the Internal Revenue Service (IRS), many figures are formulas set within the Internal Revenue Code
Posted September 23, 2015
IRS Credit Issues
pUnfortunately, when the tax season ends and most people stop thinking about tax issues, the tax scammers are just getting started.
Posted September 17, 2015
Business Strategies
p“Nothing lasts forever,” as the age-old saying goes. Eventually, ownership and key employees will leave your business, voluntarily or involuntarily, and no longer play a role in the business they worked so hard to create.
Posted September 11, 2015
Tax Tips
pLabor Day signifies the end of summer and comes with a three-day weekend; maybe a trip to the beach, the lake, or the the cabin, and a barbecue.  /p
Posted August 27, 2015
Tax Tips
pWhether you just spent the entire summer paying for child care and are happy to know that you now have a safe place to drop off your children Monday through Friday or you are wondering where your kids are going to be between the end of the school day and the end of your work day, child care is something that parents are all thinking about and tryi
Posted August 22, 2015