Category Archives: CPA Service

A CPA service or a Certified Public Accountant service, is necessary when you need accountancy work for you or your business. Keeping on top of all financial happenings is the best way to ensure your companies profitability and taxation responsibility.

Make Your Business a Pillar in the Community, Not a Trend with Financial Guidance

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If you want a new business to make it in today’s economy, it’s all about the numbers. It’s reported that 80 percent of new business owners will fail in the first 18 months after they open their doors, often because of poor money management by the business owner. Not just overspending, but not saving, investing and budgeting where it’s necessary all play a part in new business failure. With bookkeeping services for small businesses, this chaos can be avoided.

A professional bookkeeper or CPA will look at the costs you have to run your business, as well as your profits, to see where you need to save money and where you could potentially save money. The bookkeeper will budget all of your business accounts, like the checking account, payroll account and savings or investment accounts. If you have loans on any equipment or other items, they will also help manage the loans.

The idea when owning a small business is to minimize or eliminate debt. This allows you to be as profitable as possible and reduces your risk of bankruptcy. The bookkeeper can help you pay off the loans you have faster, so you can gain more equity in your assets and your business. They will also be a valuable source of information for tax related matters.

You want to find a CPA that does bookkeeping services for small businesses who is also a tax expert. Many CPA professionals are also tax accountants, and they can help you pay less to the government. They will let you know what purchases to make to write off expenses, how you can save on payroll tax, and what amount you should to donate to charity.

The accountant can come in and do a financial analysis of your business to see if you are missing money, losing money, and what is going wrong. They will reform your budget, create a new plan for you to follow, and help you start investing your money more wisely so you can put money back into your company and plan for the future. Find an accountant to get you on the right financial path at Goodaccountants.com.

Do Your Skills Add Up to be a Good Accountant?

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If you are considering a career in the field of accounting, there are some character traits and personal habits that may indicate this is the right career path for you. To be an accountant, you have to do more than just be good with numbers and calculations. You have to provide a service to others, especially if an accident happens and you need immediate assistance. You have to be personable, responsible, and diligent. People want to find an accountant they can connect with and trust, since money is a vital part of life.

If you are an analytical thinker always thoroughly thinking through every move and decision, this may be the field where you strive. If you always weigh out the risks and the gains of every situation and you make sure that you know all of the details before you decide on anything, chances are that you will have a strong career in accounting.

An accountant needs to be organized and very detailed, because all of your calculations are going to require it. You have to be able to pay attention and stay on task when starting a project, and be able to go over your own work to look for flaws. Working with numbers and calculations is an everyday component, so you should enjoy doing math, analyzing gain and loss data, and have general banking skills.

There are many people and small business owners who would much rather let an expert handle their checking and savings accounts. When people are ready to find an accountant for their personal finances or for business financial management, they want to find an accountant who is certified. You will want to get a degree in finance so you are properly trained, and then take the necessary testing to become a CPA.

Find an accountant that can mentor you while you are in school, or while you are preparing to get certified, so you can see what your potential work day could be like. If you are positive that you want to manage money, work with clients, and be an accountant for the rest of your life, start by getting enrolled in an education program and map your route.

Rejoice During Tax Season Instead of Fearing Your Deadline

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If you want to breeze through tax time without a care in the world as a small business owner, you need to have your accounting and tax documents managed by a CPA. The CPA doesn’t just work to prepare statements at the end of the year, they are filing and preparing all year long. They help you make financial decisions throughout the fiscal year that are going to help you pay as little as possible to Uncle Sam.

The accountant will know what purchases are deductible when you file, without allowing you to go overboard with receipts and write-offs which can draw unwanted attention by the IRS. The CPA attends yearly conferences and receives the changes that will be implemented for that tax year, so they are always up to date with tax information. This is all knowledge that you may not have time to learn, and time you don’t have to spend. You can find a CPA that will manage your finances and taxes wisely.

If your business doesn’t pay the right amount of taxes to the city, state, and federal departments throughout the year, you will have a mess when it’s time to file. The CPA makes sure that you are paying out to the right places all year long, so you don’t owe large unexpected amounts of money when you file. Doing your own taxes and making mistakes can be costly, and unintentional mistakes can put you at the risk of tax fraud.

If you are audited you will have to hire a tax attorney that specializes in small business cases, and the IRS could force you to close your doors during the investigation. The CPA can submit error free financial statements to reduce your chances of an audit, and to save you headaches and stress. Find a CPA with lots of small business experience for the best results.

Don’t risk dealing with tax dilemmas or a financial crisis because of poor financial management. If you aren’t great with numbers, you don’t have enough time to dedicate to your company accounting and taxes, and you worry about taxes all year long, it’s time to find a CPA at Goodaccountants.com.

Pass the CPA Exam: Be What People Look For When Finding an Accountant

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find an accountant and get ready for the cpa exam

image source: http://www.studyingforthecpaexam.com/

Much like any other major tests in our lives, the CPA exam is one that you probably want to get right the first time. In order to ensure your success, there are a few tips to keep in mind while preparing yourself for the big day. Write these down to help keep them in the front of your mind until you are able to say with confidence that you can ace that exam.  Once you’re settled in your accounting career, you want to be sure that you are the one customers call when they want to find an accountant. According to an article penned by Advice for Tax Preparers, there are four important tips that everyone taking the CPA exam should remember.

Pass the exam within the first two years of your career

The longer you put off taking this test, the harder it will be to make sure it gets accomplished. They key to success is to do things correctly and thoroughly early on; keep in mind that it will all pay off in the long run. Don’t let your personal life get too hectic until your exam has been successfully passed. Plus, once your name gets out there you’ll be far too busy to make time for thorough studying.

There are sites such GoodAccountants.com where people can go to find an accountant on a moment’s notice, and you don’t want to have to turn anyone down should you be given work.

Do the most difficult parts first

It’s a common strategy for test takers to go through an entire exam and complete the parts that they know the answers to first, because it allows you to feel like you got more of it out of the way; however, the harder part of the exam will require more time, and possibly a second or third look at the problem. If the easy part is finished quickly, be sure to give the hard questions the time and concentration they deserve so you don’t get stuck rushing toward the end.

Take an auditing class

An auditing class is a great way to refresh all the information in your mind that might have gone stale after your college courses have long been finished. It can be a great way to review everything that you need to know for the exam and to ensure that you pass it.

Use note cards

One of the best ways to engrave all of that information in your mind is to force yourself to write it out on notecards. Writing them out onto cards that can be reviewed on the go or at home, without having to reread entire book chapters, has been proven to increase the odds of passing the exam. It may be an old age practice, but it truly is a great way to train your brain to remember all of those facts.

Remember, if you’re looking for a highly qualified accountant today, the best place to find one quickly is GoodAccountants.com.

 

John Coggin: Featured Accountant in Houston, TX

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Accountant in Houston, TX

http://www.goodaccountants.com/johncoggin

If you are looking for a personal or business accountant in Houston, TX, then you will be happy with the services that John Coggin has to offer. He is an experienced financial professional, who has been working in the industry for several decades. John Coggin offers accounting services throughout the city of Houston as well as the surrounding areas.

John Coggin offers a variety of services, and can help with many of your accounting needs. He is one of the leading accountants in the area because of the vast experience that he has to offer. He is a Certified Public Accountant, and he also earned a Masters of Business Administration degree (MBA). Because of his business training, he is a valuable asset as a financial and business consultant. There aren’t many accountants who can offer both the accounting and business expertise.

His services include: tax management, general accounting, auditing, estate planning, IRS representation, bookkeeping, payroll services, accounting software setup and management, budgeting analysis, cash flow management, employee benefits, international taxation, financial forecasts, business valuations, debt advice, forensic accounting, litigation support, acquisition consulting, and many other financial services.

These services are designed to make your financial management easier, because you can let the professionals take care of the heavy lifting. If you want an accountant who can take care of your personal affairs such as yearly taxes and estate planning, as well as keeping your business on track with financial goals, then you should consider the services that John Coggin has to offer.

John Coggin’s firm includes other qualified staff who can also help with your accounting needs. The team includes accountants and bookkeepers with a broad range of experience, making it a strong accounting firm in the Houston area. Having access to a full, experienced team of accountants can be a valuable resource for your company.

If you want to learn more about the ways that John Coggin can help you, then take a look at his profile. He is a dependable and experienced accountant in Houston, TX, and you can contact him through his profile page here on GoodAccountants.com.

David Love: Featured Accountant in Charlotte, NC

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accountant in Charlotte, NC,

http://www.goodaccountants.com/davidlove

If you want to find an accountant in Charlotte, NC, then you need to make sure that you are selecting someone who is highly skilled and brings a lot of experience to your project. David Love has an established CPA firm in the Charlotte area, and his expertise covers a wide range of both business and personal services. He has been working in the accounting industry for 18 years, and provides personal attention to the needs of each of his clients.

David Love has a Masters degree in Accounting from the University of Georgia. After graduating, he worked for a large CPA firm before starting his own CPA firm in 1988. He can offer a unique perspective on your financial situation, because his background includes both private and public accounting. If you want a qualified accountant who will promptly respond to your inquiries, and take the time to become familiar with your specific needs, then David Love is the accountant that you should hire.

A variety of small business accounting services are available, including bookkeeping, general business accounting, forecasting, budgeting, preparing financial statements, financial advising for new businesses, assisting with business loans  and financing, and IRS representation. He can also help with setting up a new business to implement effective financial systems, as well as taking care of incorporation details or any other needs that may arise as you are getting your business off the ground.

David Love is also very skilled with tax planning and preparation, for both individuals and businesses. He can help with tracking financial details throughout the year, so that you are prepared for tax time. He also offers services to prepare tax returns for both corporations and individuals, including local, state, and federal taxes. His experience makes him a great asset to your company if you need assistance with  a situation where you are facing an IRS audit.

You will be happy with the accounting services that David Love has to offer, and we invite you to contact him through his GoodAccountants.com profile page if you are looking for an accountant in Charlotte, NC.

Brenda Kommareddy: Featured Accountant in Sherman Oaks, CA

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If you are in the process of trying to find an accountant in Sherman Oaks, CA, then you might be overwhelmed by the many options that are available. How do you know which professional is the best option to help with your finances? Choosing a qualified accountant is a critical part of running a successful business, and they can also assist with your personal accounting needs as well.

Brenda Kommareddy is one of the leading accountants in the area, and we are pleased to feature her here on GoodAccountants.com. If you are in need of a good accountant in Sherman Oaks, then there is no need to look any further, because she can take care of all of your financial needs.

One of the advantages of working with a highly skilled accountant is the fact that they can help you to analyze your financial situation, so that you can make good decisions to fit the current situation of your company. For example, an experienced accountant can help you to track all of your income and expenses on an ongoing basis, and by using that information they can put together a good plan to help you manage cash flow throughout the month. This cash flow analysis can be very beneficial for the long-term success of your company, because the accountant can help you to anticipate annual costs such as taxes or property rental fees.

Brenda Kommareddy: Featured Accountant in Sherman Oaks, CA

http://www.goodaccountants.com/brendak

Some of the services offered by Brenda Kommareddy include individual services such as estate planning, tax preparation, and personal financial planning. Additionally, she has a wide range of business services, such as corporate taxes, tax planning, small business accounting, cash flow management, strategic business planning, litigation support, payroll management, auditing, succession planning, and much more.

Whether you are looking for tax support, or a way to improve your financial management, or you simply need someone to advise you on your financial situation, then you should contact Brenda Kommareddy right away. She is an experienced accountant in Sherman Oaks, CA, and she is available to help with anything that you need assistance with. You can contact her through her profile page here on GoodAccountants.com

What You Need to Know About Filing an Amended Return and How a Tax CPA Can Help

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As per the IRS, filing an amended return allows you to make corrections to your original return, such as changes to your income, deductions, credits or filing status.  You usually don’t need to file an amended return if you’ve made a calculation error as the IRS automatically corrects any mathematical area. If you forgot to attach a tax form, like a schedule or W-2, you don’t need to file an amended return either as the IRS will send a request asking for the form if it’s necessary.

If you do need to file an amended return, the IRS requires sending in a paper return along with a copy of the original return, which is then processed manually. Going to a tax CPA for this is generally recommended as it may help prevent you from being audited. Amended returns have an increased risk of being audited. A CPA specializing in tax issues can help you to make the corrections and look over your originally filed return to see if there may be additional errors, possibly even saving you some money. a good tax cpa is hard to find, trust good accountants to help you out

Many people don’t realize or forget that amending their federal returns means they’ll also need to amend their state tax return. This requires looking into your specific state’s laws and following the instructions in order to make sure it’s handled correctly, but by contacting a tax CPA, he or she can help you to file amended federal and state return, making the entire process a whole lot easier.

Whether or not you choose to visit with a tax CPA, a form 1040X is required for filling your amended federal return. This is used to correct previously filed forms 1040, 1040A or 1040EZ. The amended return must be filed within three years of the date the original return was filed, or within two years from the date you paid the tax, whichever is later, according to the IRS.

If you need to amend more than one tax return, a 1040X will need to be prepared for each year, and mailed in separate envelopes to the appropriate address listed on the instruction. It’s also important to include the year that you’re filing on the top of the form as it can be used for multiple years.

Darrel Whitehead: Featured Accountant in Huntington Beach, California

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Whether you’re a business owner or an individual in need of an accountant in the greater Orange County area, you’ll be happy to hear that our next featured accountant is Darrel Whitehead in Huntington Beach, California. He serves as the Executive Director of Darrel Whitehead CPAs, an accounting practice that performs tax, accounting, and administrative services. His firm is currently serving over 600 clients and maintains competitive differentiation by supporting business finance, IT, and platform accounting solutions for internet businesses.

Darrel Whitehead began his career at Arthur Anderson, moving on to a regional CPA firm, Singer Lewak in business management developing expertise in taxation and managing the business affairs of high profile clients in the music and entertainment industries.

He provides invaluable business advisory services through his team of CPAs with the belief that success begins with an in-depth understanding of each client, committing to thoroughly comprehending each client’s goals and objectives. With an outstanding ability to grasp complex circumstances and the details of the business and transactions combined with superior technical expertise, a comprehensive framework for developing innovative strategies and solutions results.

Darrel Whitehead understands that the work of an accountant is extremely important to a businesses’ financial health and that good financial records are also important in an individual’s life, particularly in regard to tax matters.  The firm’s Attestation Services Team possesses extensive experience in all types of business environments from small, entrepreneurial enterprises to large multi-national corporations, which uniquely qualifies the team to deliver audit, review and compilation services of only the highest quality and value.

It is Darrel Whitehead’s consistent professional and exceptional service that has led him to be the latest Good Accountants’ featured accountant.

In addition to business advisory services, Darrel Whitehead can provide numerous other services such as:

  • Audit Services
  • Elder Care
  • Internal Controls
  • Business Valuation
  • Cash Flow Management
  • Strategic Business Planning
  • Personal Financial Planning
  • Payroll
  • IRS Representation

To find out more about Darrel Whitehead and the extensive services he is able to provide, you can find him in our Good Accountants featured profile. If you’re seeking a trustworthy accountant in Huntington Beach, California you can get in touch with him directly here as well.

accountant in Huntington Beach, California

Darrel Whitehead -Whiteheadcpa.com

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!