Category: Bookkeeping

The company has a team of IRS Certified Acceptance Agents that can help you obtain your ITIN. These services are similar to Los Angelas bookkeeping services, and San Diego bookkeepers. We not only act as your CPA firm with tax advice – we can also help you with the day-to-day operations, including bookkeeping. Let our…

Then you have the mighty tax credits, which deduct dollar for dollar from the taxes you owe, like a gift card you can apply at the cash register. The IRS has made updates to the tax brackets for 2024, which could mean changes to your paycheck this very year. Whether you’re getting more or less…

Under the Internal Revenue Code (IRC), specific rules govern the tax treatment https://openscience.us/repo/defect/tut.html of amortization, affecting taxable income. Section 197 of the IRC mandates a 15-year amortization period for certain intangible assets acquired in a business combination. Companies must comply with these regulations to optimize their tax positions. In accounting and finance, intangible assets are…

Internally developed intangible assets do not appear on the balance sheet, as they lack an assignable fair market value. Accurate identification within a business is critical to avoid undervaluation, ensuring compliance with financial reporting standards and enhancing stakeholder transparency. The Cost Approach values intangible assets by estimating the costs incurred to recreate the asset. This…

Our bookkeepers are trained to help construction businesses navigate these financial areas. We serve construction companies throughout their project phases so they can finish the job and get bookkeepers near me paid. Outsourcing is also a way to work with more experienced bookkeepers than your staffing budget may allow. What Are Online Bookkeeping Services? These…

More than simply handling your financing needs, we at McGrant want to help educate you. Our experts will walk you through our services, processes, and procedures so that you have all the information needed to make educated and informed decisions about your money. A bookkeeper is not required to have any special certifications or education,…

How to File Form 1099-MISC in 2025: A Complete Compliance Guide for Payers There are many different kinds of 1099 forms, each serving a specific purpose and covering different types of income. It’s possible you may receive more than one type of 1099 form depending on your tax situation. You may even receive the same…

Should I Claim Exemption From Withholding on My Taxes? Remember, a strategic approach to your filing status and understanding the nuances of standard deduction amounts can lead to substantial savings on your taxes. Keeping abreast of these changes and consulting with a professional can help navigate the complexities of tax planning and optimize your tax…

Some have “un-fixable” reasons for the rejection and have to be mailed instead. If you used software to file your original return, you may be able to use that same software to prepare and file your amended return. You can also file an amended return using the tax form and instruction booklet for the year…

What works for a seed-stage startup won’t necessarily work for a Series B funded company preparing for an IPO. This is why choosing an accounting firm that can scale with your business is so important. As your needs change, your accounting support should be able to adapt seamlessly. Finding a firm that understands the changing…