The Startup Magazine
MAY 7, 2024
Tailoring tax strategies to the specific structure of your business is fundamental to minimizing liabilities and maximizing returns, necessitating a nuanced understanding of the tax code and its application to each type of business entity.
The Startup Magazine
JULY 1, 2019
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.
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YoungUpstarts
JUNE 12, 2018
Usually, the last thing they think about is when they should be talking to a CPA firm about their business lifecycle. It’s never too early to build a relationship with a trusted advisor, like a CPA, to understand the financial inner workings of the company. Think of it as quantum theory – small early steps can lead to huge benefits.
The Startup Magazine
JUNE 8, 2022
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.
crowdSPRING Blog
JANUARY 26, 2014
The first quarter of the business year is a great time to put in place or review your accounting and bookkeeping systems. Enter the accounting team: you, your bookkeeper, your CPA, and (sometimes) your tax specialist.Rat. Pick your software tool. A small business owner or manager needs to choose is their accounting software.
Up and Running
JULY 13, 2017
Many small business owners have no idea what they will owe in taxes until it’s time to pay them,” says Paul Gevertzman, CPA, a tax partner at Anchin, Block, & Anchin in New York. This helps prevent a large amount due to catch up later in the year. Then when your estimated taxes are due, pay it out of this tax saving account.”.
YoungUpstarts
AUGUST 9, 2018
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.
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