Why Trust A CPA With Your Automobiles
Automobiles are some of the most significant investments of businesses. Mismanaging them can significantly affect the performance of your company. Furthermore, improper valuations of these assets will substantially affect the accuracy and reliability of your...
U.S. Vs. China: How Trade Wars Affect CPAs
Harsh competition between two rival companies is typical in any industry. However, an economic spat between two countries can shake the financial balance of all seven continents. The issue also affects professionals across different sectors, most notably accountants....
Spending The Holidays As An Accountant
Being an accountant is one of the most hectic jobs around the world. We process thousands, if not millions of transactions, every day to the point that we no longer remember what rest feels. That being said, the holidays are still a chance for us to slow down and put...
6 Best Ways On How To Prepare For Retirement
If life is a race, retirement would be the retirement of the final lap of our lives. You have to give all your best to make sure that your last lap would be your best one during the whole race. To prepare for your retirement, you have to start early, invest in the...
Are Accountants Ready For The Future?
Leaders in the accounting profession are adamant that accounting is both art and science. However, it is undeniable that accounting follows many rules and principles that machines can easily replicate. Hence, the obsolescence of accountants and CPAs is a growing...
Employment and Careers in the Field of Accountancy
Accounting has always been one of those careers with dismal retention rates. The stress attributed to the job often results in accountants and CPAs shifting around different career paths until they find the one that suits them best. Unfortunately, a pattern of...
Updates On The Accounting For Leases Shakes The Industry
Accounting standards are the DNA of every financial statement of every business in the US. Hence, just like DNA, a single change can affect the growth of the whole entity. For leasing standards, unfortunately, these changes are coming to light slower than expected....
Comprehensive Business Audits For Small Businesses
A business audit decides the reliability of your business records. It can affect how your investors perceive your company. For example, a negative audit review can tell your stockholders that they cannot trust you in handling your finances. Seattle Bookkeeper Other...
Rental Real Estate Businesses Now Eligible For QBI Deductions
Rental real estate businesses may as well start singing holiday carols as Christmas has come early for their industry. IRS’s recent proclamation (Rev. Proc. 2019-38) has loosened tax regulations on rental real estate businesses with regards to Qualified Business...