Category Archives: Tips

5 Times to Hire a Business CPA

Many small and medium-sized businesses rely on bookkeepers and accountants for routine financial needs, such as accounts receivable, accounts payable and payroll. While these roles are essential, there are some cases when a higher level of expertise is necessary, and you’ll want to engage with a professional with more education, more experience and the proper Read More

Virtual Currency and Your Taxes: What You Need to Know

Virtual currency, also referred to as digital currency or cryptocurrency, makes it possible for individuals to send or receive payments without using conventional paper currency. Some of the most prevalent forms of virtual currency include bitcoin, litecoin, and ethereum. It’s increasingly common for workers to be paid in virtual currency or for retailers to accept virtual Read More

How the Tax Cuts and Jobs Act Affects Higher Education Tax Breaks and When to Contact a Tax Accounting Firm

The Tax Cuts and Jobs Act (TCJA) enacted many changes that affect individual taxpayers. With regards to tax breaks for higher education, the TCJA brought few changes, merely tweaking existing provisions. An experienced tax accounting firm can help you understand if the TCJA changes your tax situation. Check out the key details of education-related tax breaks for the Read More