Monthly Archives: March 2014

How to Find Business Accountants Near You

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business accountants near you rom GoodAccountants.comIf you are a business owner, then one of the most important aspect of managing your company is to find a good business accountant in your local area. Many business owners make the mistake of trying to handle too much on their own, and the results can be disastrous when it comes to the management of finances. On the other hand, business accountants can offset some of your workload by taking care of the financial management details, allowing you to focus on other important aspects of running your business.

Why Business Accountants are Critical to Your Success

Cash flow is one of the hardest things to manage in a business, and a good business accountant can help you to have a clear picture about the money coming in and the money going out. When you can quickly get perspective on your accounts payable and accounts receivable, then you will be able to make your business decisions accordingly.

Additionally, business accountants can help you with other financial aspects as well. Most business owners don’t like handling things such as payroll, invoicing, or month-end reconciliation. You accountant can take care of all of these tasks for you. Other services might include things like tax paperwork, bill payments, or anything else that you might need. The great aspect to hiring an accountant is the fact that they can cater their services to your needs, so you won’t be paying for things that are not necessary for your business.

How to Find a Good Business Accountant

When looking for an accountant, you should search for someone who is located in your local area. It can be tough to find a good qualified accountant though, so you might consider using a tool such as GoodAccountants.com. This handy tool makes it easy to find local business accountants, because you are able to search by city and state, and the results will immediately pull up accountants who are in your area.

Make sure that you are searching for accountants who specifically have experience with business accounting, because they be more qualified to help with the things that you need.

How a Good Tax CPA Can Reduce Your Stress During Tax Season

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It’s that time of year again: tax season! Many people dread the paperwork and stress that is associated with doing the taxes, but the truth is that you don’t have to do it all on your own. Hiring a good tax CPA might be one of the best decisions that you can make, because the CPA can handle all of the paperwork for you. One of the biggest advantages to working with an accountant is the fact that they understand the new tax laws and the changes in the old laws, so they can help you to be sure that you are handling the details accordingly.

How to Prepare for Tax Season

Even though your tax CPA will do most of the heavy lifting, there are still a few things that you need to do in order to make sure that you are providing all of the required information. Your CPA will request specific tax forms such as your W2s or any 1099s that you received. If you are a business owner, then there will be additional tax forms that you will need to provide. All of these forms should be mailed to you by January 31st.

Once you have gathered the information, you simply need to provide that information to your tax CPA and they will hand the rest. Your accountant will help you to be sure that the correct tax paperwork is filed, and they will also make sure that you are meeting the April 15th deadline. If you miss the deadline for some reason, the accountant can help you to file an extension.

Finding a Good Tax CPA

It is important that you find a qualified CPA to work with, and you should consider looking for someone in your local area. The advantages of a local accountant is that you can meet with them in person, which often makes the process easier for you.

If you are looking for a new CPA to work with, consider looking on GoodAccountants.com where you can do a search for accounting professionals in your local area. You will be glad that you hired an accountant to help with your taxes.

CPA Students Expand Their Skill Sets With Summer Programs

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cpa students benefit from summer programsA CPA student is hard at work throughout the school year, studying and practicing their accounting skills so that they are prepared for their career. When the summer months roll around, some students look forward to the break, but others are searching for summer programs to help them gain more experience. Local leaders in the accounting industry can team up with the universities and colleges in the area to offer these summer programs, and they put together summer workshops for the students.

Getting an Edge Over Their Peers

One of the biggest advantages to participating in a CPA summer program is the fact that it gives the students more experience, to strengthen their resume after graduation. Accounting firms like to hire students who have made the extra effort to improve their skills and get real-world experience, and these workshops offer unique opportunities for them.

These summer accounting programs are literally shaping the future of the accounting industry, because the students will be transitioning into their careers within a few short years. The accounting firms recognize the value of investing in the students, because they have qualified graduates to hire.

Finding a Trusted Professional to Work With

If you are looking for a qualified CPA, then it is important that you find a source that you can trust. GoodAccountants.com is a great option to help you connect with an accounting professional in your area, and the directory is easy to use. You simply enter in your information, and within 15 seconds will you will have access to information about qualified accountants in your area who are available to help.

It can save you a lot of time and money to hire an accountant, especially if you don’t have the knowledge or experience to handle complex finances. An accountant is familiar with the industry best practices, and they also have a thorough understanding about local laws that are applicable. They will be able to advise you on the best process to manage your finances, whether it be for a personal, business, non-profit, or any other organization. Search on GoodAccountants.com to find a CPA today!

Bookkeepers Can Manage Your Books From the Cloud

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bookkeepers now use cloud computingThe digital age is quickly changing trends in many industries, and bookkeeping is one of the services that is making the transition to cloud management. For many years, bookkeepers were tied to the office to manage the financial records for a company, but the recent changes now allow them to work remotely. Even when cloud management became available, it still took a little while for accountants to start using the digital options, mainly because they didn’t understand the technology and they were cautious about the security of storing the information online.

Is Cloud Management Secure?

The biggest hesitation that most people have to cloud management is the fact that they were concerned about whether their information was secure when it was stored online. There is no need to worry about the security of your data, as long as you are using a trusted program. In fact, there are certain bookkeeping programs which pride themselves in the level of security for their website and cloud service, and they take extreme measures to be sure that your information is safe.

When you talk with bookkeepers, you will see that many of them are comfortable with the security of cloud storage. They have experience working on the cloud, and they have seen the ease of use that is available when their clients are willing to manage their books digitally.

Finding Bookkeepers Who Understand Cloud Accounting

The majority of the bookkeepers today already have the skill set to use various cloud programs, such as Quickbooks, Zero, and MYOB. When you hire the bookkeeper, they will be able to step right into the project, because they already know how to use the system. Before you hire them, you might ask them about their experience with the program that you are using, or sometimes people ask their bookkeeper for recommendations.

The great thing about cloud bookkeeping is the fact that you can work with a bookkeeper located anywhere. Try looking on GoodAccountants.com to locate a bookkeeper who can help to manage your financial records. Location doesn’t matter when they can access your books from any computer, so you can be more selective about the person that you want to hire.

A Look at the 2 Accountants Who Knew the Oscar Results in Advance

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brian cullinan and rick rosas - accountants who knew the oscars resultsDid you know that 2 accountants were the people responsible to determine the winners of the Oscars? Many people are surprised to hear that an accountant would be involved, and it actually takes two to make sure the results are calculated accurately. These two people, Brian Cullinan and Rick Rosas, had a very unique job, and they were the only two people who knew the results in advance.

Why Accountants Help Determine the Winners

There is a specific reason why accountants have the perfect skill set to determine the winners of the Academy Awards: because it is a process of tallying and counting votes in order to determine the winner. The CPAs were chosen to complete one task, which was to count each of the votes as it comes in. This process can continue for months, and the final tallying takes about a week.

One of the critical aspects of this job is to make sure that the information is kept confidential, because the results can’t be leaked before the Oscars are held live. Even though the information is highly sought after, the CPAs are hired to keep their mouths shut. They did a great job to hold the winning information in silence before the awards show.

How to Keep the Oscars Results a Secret

There is a specific system that the accountants follow to make sure the results aren’t leaked early. The process starts with the two accountants, plus an additional six other people. The ballots are split in a way so that each individual is counting a section of the categories, but they aren’t counting a whole category. The subtotals are then provided to the accountants Cullinan and Rosas, who figure out the totals. Everything is done by hand, and the results are counted multiple times to ensure accuracy.

Once the totals are calculated, the two CPAs put the winner into a sealed envelope, and the losing cards are destroyed. There are actually two sets of winning cards that are assembled for the show. Each card is handed to the presenter as they go on stage to make the announcement.

Mike Hassanali: Featured Accountant in New York, New York

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Mike Hassanali featured accountant in New York - good accountantsGreater New York City as well as Colonia, New Jersey residents who are seeking a good accountant won’t have to look far. Mike Hassanali, a dedicated accountant in New York, New York is serving this area and throughout Middlesex County, New Jersey. Hassanali has nearly three decades experience in accounting, starting as a senior accountant, working his way up to staff auditor and accounting manager for top businesses in New York in addition to serving as a trusted financial advisor to CEOs.

For the past 15 years, Hassanali has devoted his professional career to providing personalized CPA services to small and mid-sized entities. His trusted business start-up advice has helped lead to the success of many companies in a variety of industries such as retail and wholesale operations, trucking companies, insurance agencies, petroleum distributors and more.

Hassanali is dedicated to providing efficient, expert solutions to businesses as well as individuals through services that include everything from tax planning and preparation to CFO and controllership services along with a variety of business consulting services. Each client, whether an individual, corporation, partnership or limited liability company is uniquely catered to, in order to provide the highest quality services for accounting and taxes. Hassanali has been a trusted advisor to many business owners with the understanding of the constant pressures they are faced with, including a multitude of difficult decisions that can have major financial and tax implications.

Individuals and business owners who need a trusted financial advisor will be provided with personalized service that includes a tailored approach to your unique needs. Mike Hassanali has developed a reputation for offering quality services and exceptional professionalism, leading Good Accountants to make him our latest featured accountant.

Some of Mike Hassanali’s featured services include:

  • Accounting Advisory Services
  • Business Valuations
  • Business and Individual Tax Returns
  • Forensic Accounting
  • Payroll Services
  • Fraud Engagements
  • Forecast and Projections

To find out more about Mike Hassanali and how his services can help you or your business, visit his Good Accountants featured profile. If you’re looking for one of the best accountants in New York, New York he can be contacted directly here.