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The Financial Services of a Dallas CPA Firm

The Startup Magazine

Becoming a Certified Public Accountant (CPA) elevates a person’s standing among business contacts and peers in the accounting industry and clients and regulatory authorities. A CPA must have completed a certain amount of required coursework, pass a challenging exam consisting of four parts, and agree to abide by a code of ethics.

CPA 110
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The Startup Guide to Affordable Accountancy

The Startup Magazine

You probably know that the majority of startups fail within the first five years. What you may not know is that 82% fail due to poor cash flow management, according to a study by a US Bank. In their study, they found that most businesses fail due to poor understanding of cash flow and lack of a well-developed business plan.

CPA 70
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How Startups Can Prepare For Their First Tax Audit

YoungUpstarts

They work with attorneys to form corporate structures and help with financing agreements. Usually, the last thing they think about is when they should be talking to a CPA firm about their business lifecycle. If the company is doing well enough and projecting income for the year, there may be federal quarterly estimated taxes due.

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4 Reasons Why You Should Have An Accounting Process In Your Business

YoungUpstarts

by Krystal Russell, CPA at LYFE Accounting. In the beginning stages of most startups, the founder is the manager, marketer, salesman, among other titles. Accounting allows you to review and analyze the performance of your company. These software makes setting up your accounting faster than doing it manually.

CPA 100
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The Latest Questions Small Businesses Are Asking

Up and Running

While there are no guarantees any startup business will be successful, a good first step to determine if an idea makes sense before proceeding with an investment of time and resources is to do a venture feasibility study. Do I need to hire a Certified Public Accountant (CPA) for my small business? Often this is not true.

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How To Close The Books on Your Startup

mashable.com

How To Close The Books on Your Startup. This is particularly true in the fast-paced high-tech and software world, where only a small percentage of startups mature. If you’ve been operating as an LLC, review the dissolution requirements in your state’s LLCA (Limited Liability Company Act). January 22, 2012 12:58:54.

LLC 68
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Small Business Accounting 101: 9 Steps to Get Your New Business on Track

Up and Running

Corporations and LLCs are required to keep their business finances separate from the personal accounts of their owners, while sole proprietors do not face such restrictions. Keeping your personal and business finances separated in business and personal bank accounts will make tax season far less complicated. Team up with a CPA.