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How to Run a Full Financial Audit of Your Business and Optimize Spending

Up and Running

Most people think of financial audits as investigations carried out by a certified public accountant (CPA). Determine effective ways to cut operational expenses. Operational expenses relate to the day-to-day requirements of running your business. Try to connect every operational expense to eventual profit for your business.

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Founder Interview: Richard Lavina Innovating Accounting Services with Taxfyle

The Startup Magazine

Richard Lavina, CPA, Co-Founder and CEO of Taxfyle. Richard: I went to school for accounting and followed a path after graduation that those of us in that major typically follow: I started working for a CPA firm in Miami. TSM: What inspired you to start Taxfyle? I figured if I was having that issue, other people might be, too.

CPA 143
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5 Benefits Of Expanding Your Business Into Global Markets

YoungUpstarts

One product might fail miserably in the United States but fly off the shelves in Tokyo. If you do your demographic research, you may find a market for the trinket that you simply know won’t be popular in the States. Look into each incentive carefully and discuss each one with a CPA if necessary.

Global 100
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Budgeting 101: Five Tips

YoungUpstarts

Simply write down all of the income that you reasonably expect to receive in your next operating period, usually a month or year, then write down all of the expenses that you reasonably expect to incur. You don’t need to become an expert in the finer points of budgeting, like the difference between cash and accrual accounting.

CPA 162
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21 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

I use the money made from my private clients to launch intelligence operations against our enemies. My parents came from Haiti to the United States and did not have in-depth knowledge of what was required to obtain financial freedom in this country. Government and the American public.

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Go-Getters Showcase

Mike Michalowicz

Darren co-founded CBMS Consulting Services and is a speaker, author, Co-host of The Business Power Hour with Darren and the Music Man, leadership and operational expert. Kelley is a CPA specializing in IRS and state tax debt collections representation. He is a graduate of L.I.U Post with a concentration in Accounting.

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IRS Audits: 10 Common Myths Debunked

Up and Running

However, working from or operating a business from home is becoming more and more common. In the United States, people are not jailed for owing taxes (for cheating on taxes, yes— just ask actor Wesley Snipes ). Claiming a home office deduction triggers an excessive number of audits.