Keep Your Construction Business In The Clear This Year
Minding your record keeping and payroll files is a good idea for any small business owner, but especially so in the skilled trades. Working on building or renovation projects involves many different professionals and the juggling of multiple contracts. In the construction industry, contractors and subcontractors must be meticulously organized and invoices should be both paid in full and backed ...
Your Fort Collins Accountant’s Advice For Young People
The sooner you start productive financial practices, the better your economic outcome will be, but it is never too late to start. Even with minimal income, you can begin financial practices now that will carry through your life and keep you in control of your income and income planning, as opposed to setting yourself up for situations where you will feel like your income or lack of control you....
What Happens If Someone Does Not File Their Income Taxes At All?
Ask Wesley Snipes. Seriously, the IRS is not to be toyed with. If you have not been filing income taxes, or have not done so for 2014, the IRS levies some hefty penalties against non filers. You may not be a celebrity, but roofers, pet shop owners, and even students are all legally required to file income taxes, with a few exceptions. Some people are not required by law to file income tax. The ...
Save Time And Money By Hiring An Accounting Firm To Take Care Of Your Payroll
One especially cumbersome part of any business is payroll. If you’re a painter, you may work solo for some of the time, then hire on seasonal or temporary help as needed. Processing payroll for your employees can be overwhelming. You will need to file different forms for different kinds of employees. In addition to knowing which tax forms to use when filing payroll, there are other legal ...
Breaking Up With A Client
When it comes to small business accounting, something to consider besides your books is your clients. It is not only your tax service, your vendors, or your marketing agency that needs periodic evaluation. Just as often, it is your clients. Yes, the customer is always right, but what if they’re not? Signs that your client is not right for your business include not only the obvious: they ...
The IRS And It’s “Dirty Dozen” List Of Tax Scams And Tax Frauds
The IRS creates an annual Dirty Dozen list. These specific types of tax fraud generally are the most prevalent and recurring types of fraud and schemes that they see cropping up. Some of these occur year round, such as bogus IRS “agents” calling you and informing you that you’re about to have a lien or judgement placed against your assets unless you pay a specific tax bill right now, over...
Create A Thriving Business Environment at Your Company
As your Fort Collins CPA, we are here to help you with all aspects of bookkeeping, including filing taxes, handling accounts, and helping you invest in your business wisely. Your Fort Collins CPA can make sure the financial end of your company or business is running smoothly, but a vital element of any business is attracting and retaining a productive and competent staff. We don’t want you to o...
Famous and Notorious Accountants
Many people of note started out as accountants. Your CPA in Fort Collins just might end up on the glittering stage crooning to adoring fans, or signing books once they publish their first bestselling novel. Many fictional characters have also been accountants. Skyler White of Breaking Bad was a practitioner of business bookkeeping, but with her husband’s role as a major drug dealer, her s...
