As a Florida business owner, you want to offer the best products and services to your customers and clients. Your primary goal, however, is to make a profit. After all, you can’t remain in business if you don’t have sufficient resources to do so. Financial budgeting and forecasting can help you achieve your goals, but [...]
Dealing with money can be complicated, particularly if you own a business or are involved in activities that make your finances unpredictable, such as legal gambling or stock trading. Fortunately, a financial advisor in Orlando can assist you with drafting a financial plan that is tailored to your specific profits, losses and other factors. Before [...]
Financial planning for a small business means establishing long and short-term goals and developing a strategy to bring them to fruition. Your goals will adjust over time. Therefore, reevaluating your plans consistently is a necessary practice. Start by asking yourself the below questions. What Is Your Ultimate Goal? Ideally, how much growth would you like [...]
Saving for the future is challenging for most people. In fact, as many as two thirds of Americans report that they are actively spending their savings. Now more than ever, it is important to be conscientious about keeping your expenses proportional to your income and saving responsibly. Here are ten things that you can do [...]
The IRS’s turnaround time for processing taxes has become much quicker over the years, with many taxpayers receiving their refunds within three weeks. While most tax returns are processed in the first few weeks after they have been filed, there are several reasons a refund might be delayed. 1. The Tax Return Was Incomplete One [...]
April 15 is traditionally known as Tax Day, but many people don't manage to submit their forms by then. If you found yourself procrastinating beyond that date and still have not filed a tax return or extension request, don't despair. Here is what you should know about filing your taxes beyond the deadline. Special Deadline [...]
Having your Form W-2 is an essential part of being able to file taxes. That’s why every employer who you worked for over the previous tax year is required to send you a W-2 by January 31st. Those still waiting for their W-2s may be feeling anxious, but there are steps you can take to [...]
Tax preparation is one of the most important financial actions a person or business completes. Errors in taxes can result in you having to file amended returns, cost you money or even see you accused of tax fraud. CPAs or Certified Public Accountants are powerful professional resources that can help ensure your business and personal [...]
While you may have access to free or low-cost software that handles your taxes, you may overlook something that could cost you more than you realize. Before inputting a few numbers and answering several questions to file your taxes next year, check out the following top 3 reasons to hire an accountant to look over [...]
It’s no secret business success is first measured by profit margins and the bottom line. However, leaving tax strategy out of the conversation until April rolls around isn’t the best way to stay on top of any tax law changes that could benefit your business and maximize deductions. Meeting with your business’s accounting professional for [...]
