4 Valuable Reasons To Get Started On Your Income Taxes Early

As the new year starts, it's time for another season to begin. What season? Income tax season. And while those words don't fill most people's hearts with glee, there are several good reasons to embrace the start of tax season and get a jump on filing now.  What are those reasons? Here are the top four. Time to Work. Getting all the deductions and credits to which you're entitled can sometimes require a little extra work. [Read More]

How Professional Accounting Helps Your Small Business

While there is software that can help you take care of your finances without a specialist, there are still many ways that an accountant's work can benefit your business. Here are some of the main reasons to hire an accountant, either full-time or on a consulting basis. Their Expertise Matters There is only so much that accounting software can do to keep your business on track. Actually, accounting software is best used as a tool to help a specialist do his or her work more efficiently. [Read More]

Not Sure If Your Taxes Are Right? Let An Accounting Firm Take A Second Look

Preparing your own taxes, especially if you are a small business owner, can get quite tricky. Even if you sail through the paperwork or software with ease, you might forget something and have to file an edited and updated form. If you want to be absolutely sure your taxes are correct, you can always have an accounting firm take a second look. Here is how "second look" services are generally handled. [Read More]

Recharacterizing An IRA Contribution Or Conversion

Tax filers sometimes have a change of opinion concerning their investment choices. Many decisions become final at the end of a tax year, but there is some additional flexibility in individual retirement accounts. Individuals who initially select between a traditional IRA or a Roth IRA can timely change their mind and reverse their choice of IRA type. You may have converted a traditional IRA to a Roth IRA before realizing that you actually prefer keeping the funds in the traditional IRA. [Read More]