by Edwin del Carpio | Apr 23, 2021 | Accounting Industry
The first difference between a Seattle bookkeeper and an accountant is schooling. Accountants go to school for many years. They have a degree, and they need to get a continuing education every year to keep up their certification. In contrast, bookkeeping is not a... by Edwin del Carpio | Mar 2, 2021 | How To Taxes
Let’s say you’re an incoming senior at state university who just finished a summer internship at a corporate office. Maybe you had a great experience and also made a lot of money. This is excellent news, but there is one problem. You have no idea how to... by Edwin del Carpio | Jan 25, 2021 | Auditing
Today, we’re going to be discussing how to minimize your audit risk. We’re going to identify the audit triggers and the red flags. This article is really catered for the self-employed people. This is sole proprietorships, single member LLCs, but it’s... by Edwin del Carpio | Dec 13, 2020 | Auditing
Today we are going to be discussing what the chances are of getting audited by the IRS. The probability of you getting audited, it’s really dictated by three factors. The first factor is your income level. The second factor, it’s going to be the types of... by Edwin del Carpio | Nov 24, 2020 | Small Business
The economic impacts of the COVID-19 pandemic have been particularly felt by small businesses. The government responded by allowing business owners to apply for small business loans through the Paycheck Protection Program. The deadline to apply for a PPP loan was...