Generated by All in One SEO v5.0.0.1, this is an llms.txt file, used by LLMs to index the site. # KDK Accountancy ## Sitemaps - [XML Sitemap](https://orlandocpa.net/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Blog](https://orlandocpa.net/blog/) - [How To Be Financially Disciplined in Your Business](https://orlandocpa.net/how-to-be-financially-disciplined-in-your-business/) - If you want assistance maintaining or improving your business's ability to be financially disciplined, contact an accounting firm such as KDK Accountancy Corporation at (407) 759-5363. Financial experts can confirm whether your current financial management system is working well, what improvements you can make and how to do so. - [Mid-Year Financial Tune-Up: Key Metrics Florida Businesses Should Review Now](https://orlandocpa.net/mid-year-financial-tune-up-key-metrics-florida-businesses-should-review-now/) - KDK Accountancy specializes in helping Florida businesses translate numbers into meaningful plans. Ready to strengthen your financial outlook for the rest of 2025? Call KDK Accountancy at (407) 677-1040. - [How to Use Your Tax Refund Wisely](https://orlandocpa.net/how-to-use-your-tax-refund-wisely/) - Maximizing a tax refund starts with thoughtful planning, yet every financial situation is unique. KDK Accountancy offers guidance tailored to your personal or business goals - [What to Do If You Missed the Tax Deadline](https://orlandocpa.net/what-to-do-if-you-missed-the-tax-deadline/) - Don’t navigate the complicated aftermath of a missed tax deadline alone. Let KDK Accountancy help you regain control and financial clarity. Call us today at (407) 759-5363 - [Last-Minute Tax Filing Tips: Navigating the Rush Before the Deadline](https://orlandocpa.net/last-minute-tax-filing-tips-navigating-the-rush-before-the-deadline/) - Contact KDK Accountancy today at (407) 759-5363 & Let us help you navigate your tax preparation smoothly and efficiently, setting you up for financial success. - [Preparing for Tax Season: A Checklist for Floridians](https://orlandocpa.net/preparing-for-tax-season-a-checklist-for-floridians/) - At KDK Accountancy we're equipped to guide you through every step of your tax preparation. Ready to take the stress out of tax season? Call us at (407) 759-5363 - [Top Financial Strategies to Kickstart Your Business in 2025](https://orlandocpa.net/top-financial-strategies-to-kickstart-your-business-in-2025/) - Ready to transform your business’s financial practices for a successful 2025? Reach out to us at (407) 759-5363 to schedule your consultation today. - [Tax Benefits of Charitable Giving](https://orlandocpa.net/tax-benefits-of-charitable-giving/) - Navigating the tax advantages of charitable giving requires a thorough understanding of various regulations and benefits. At KDK Accountancy, we offer expert guidance to ensure that your generous impulses yield benefits both for society and for your tax situation, whether you're in Orlando or anywhere in Florida - [Year-End Tax Planning Strategies: Enhancing Your Financial Outlook](https://orlandocpa.net/year-end-tax-planning-strategies-enhancing-your-financial-outlook/) - Ready to maximize your financial potential? Visit KDK Accountancy for expert advice and strategic planning. Let us help you prepare for the new year with confidence and clarity in your financial decisions. Feel free to call us at (407) 759-5363 for more information. - [Choosing the Right Payroll Frequency: Benefits, Drawbacks, and Tax Smarts](https://orlandocpa.net/choosing-the-right-payroll-frequency-benefits-drawbacks-and-tax-smarts/) - Feel free to call (407) 759-5363 or visit us online at KDK Accountancy to explore our services and discover how we can assist you in achieving your business and tax management goals. - [Reduce the Risks of Sales Tax Audit](https://orlandocpa.net/reduce-the-risks-of-sales-tax-audit/) - KDK Accountancy - Specializing in helping businesses lachieve solid sales tax compliance and minimize audit risks. Call (407) 759-5363 to schedule a consultation and take the next step toward financial security and growth for your business! - [Is Your Business Truly Financially Healthy?](https://orlandocpa.net/is-your-business-truly-financially-healthy/) - Contact the experts at KDK Accountancy (407) 759-5363 to schedule a consultation and take the next step toward financial empowerment for your local enterprise! - [Why Small Businesses Choose QuickBooks As Their Top Bookkeeping Software](https://orlandocpa.net/why-small-businesses-choose-quickbooks-as-their-top-bookkeeping-software/) - A​t KDK Accountancy, we specialize in providing tailored financial guidance that helps local businesses thrive. Contact our experts at (407) 759-5363 to schedule a consultation. - [Maximizing Success: The Vital Role of a CPA for Small Businesses](https://orlandocpa.net/maximizing-success-the-vital-role-of-a-cpa-for-small-businesses/) - Let KDK Accountancy be your trusted partner on the journey to financial success. Contact us to speak with the experts at KDK Accountancy and take the next step toward financial empowerment for your local enterprise today! - [Next Steps After Filing Your Tax Extension](https://orlandocpa.net/next-steps-after-filing-your-tax-extension/) - At KDK Accountancy in Orlando, Florida, we specialize in offering comprehensive tax guidance and financial strategies tailored to your unique needs. Whether you are an individual or a local business, our team is equipped to assist you in maximizing your tax benefits and enhancing your financial health. - [Unlocking the Benefits of the Child and Dependent Care Tax Credit: A Comprehensive Guide](https://orlandocpa.net/unlocking-the-benefits-of-the-child-and-dependent-care-tax-credit-a-comprehensive-guide/) - If you’re a working parent in the Orlando area, KDK Accountancy can guide you through tax planning and optimization. Our expertise in local and federal tax regulations ensures that you follow the law while maximizing your financial benefits. Call us at (407) 759-5363 to schedule a consultation - [Transformative Financial Practices for Local Businesses](https://orlandocpa.net/transformative-financial-practices-for-local-businesses/) - Whether it's the cozy café or the independent boutique that adds character to our neighborhood, local enterprises contribute the lion's share to economic diversity and vitality. But financial management can often seem like a labyrinth — one wrong turn, and you're in the red. In this blog post, we dive into actionable ways to streamline - [The Ultimate Checklist for Preparing Your Personal Income Tax Return](https://orlandocpa.net/the-ultimate-checklist-for-preparing-your-personal-income-tax-return/) - To achieve the maximum possible deductions, entrusting your financial matters to a professional accountant is highly recommended. By collaborating with KDK Accountancy in Orlando FL, you are guaranteed the expertise and knowledge necessary to grow and enhance your business. For a complimentary consultation, we invite you to reach out to us at (407) 759-5363 or visit our website. - [7 Best Accounting Resolutions Your Business Should Make This New Year](https://orlandocpa.net/7-best-accounting-resolutions-your-business-should-make-this-new-year/) - If you need further guidance, consider reaching out to KDK Accountancy in Orlando, FL. Our experienced team can assist you in growing and enhancing your business. To schedule a complimentary consultationto call us at (407) 759-5363 - [The Most Important Financial Metrics To Measure Small Business Success](https://orlandocpa.net/the-most-important-financial-metrics-to-measure-small-business-success/) - Running a business is quite a challenging task. Aside from handling daily operations, marketing, and customer service, business owners must closely monitor their finances. Understanding the financial health of your small business is crucial for making informed decisions and ensuring long-term sustainability. By tracking and analyzing key financial metrics, you can evaluate your business's progress - [A Simplified Guide to Understanding the IRS Gift Tax for 2023](https://orlandocpa.net/a-simplified-guide-to-understanding-the-irs-gift-tax-for-2023/) - At KDK Accountancy, we specialize in accounting and tax preparation services in Orlando, FL. Our experienced team is ready to assist you with any inquiries or concerns. Contact us today at (407) 759-5363 to schedule a FREE consultation and discover how we can help you optimize your financial planning. - [6 Tax-Saving Strategies for Small Business Owners](https://orlandocpa.net/6-tax-saving-strategies-for-small-business-owners/) - At KDK Accountancy, we specialize in small business accounting and expertise in tax laws. Let our expert CPAs in Orlando assist you with all your tax and bookkeeping needs. Contact us today at (407) 759-5363 to book your FREE consultation. - [Save Time and Money: Benefits of Outsourcing Accounting and Bookkeeping Services](https://orlandocpa.net/save-time-and-money-benefits-of-outsourcing-accounting-and-bookkeeping-services/) - KDK Accountancy can help you with any issues regarding accounting and tax preparation, in Orlando, FL. Contact us today at (407) 759-5363 for a FREE consultation. - [7 Reasons Your Small Business Might Need a Consultant](https://orlandocpa.net/7-reasons-your-small-business-might-need-a-consultant/) - Have you considered hiring an Orlando CPA or any other type of small business consultant? If you have, you may be wondering if taking such a step is necessary for your company. Here are seven reasons your small business might need a consultant at some point. Marketing and Sales Many consultants specialize in - [How Self-Employed Workers and Freelancers Can Maximize Their Deductions](https://orlandocpa.net/how-self-employed-workers-and-freelancers-can-maximize-their-deductions/) - KDK Accountancy Corporation is here to help Self-Employed Workers and Freelancers Maximize Deductions. Contact our team at (407) 759-5363 to have a FREE consultation so we can help you determine how to fully maximize your deductions. - [How Quickbooks Can Streamline Your Small Business Accounting](https://orlandocpa.net/how-quickbooks-can-streamline-your-small-business-accounting/) - Getting ready for tax season can be a challenge for small business owners, but with the help of a Certified QuickBooks Pro Advisor like KDK Accountancy, you can stay prepared all year round. QuickBooks can keep your tax information organized and easily accessible, so you won't have to scramble to get your reports ready when tax season arrives - [What are the Key Accounting Reports for a Small Business?](https://orlandocpa.net/what-are-the-key-accounting-reports-for-a-small-business/) - Monitoring business performance means taking time to analyze financial components through a series of accounting reports. This analysis supports accurate budget and forecast creation. There are a few fundamental reports that every small business owner should understand and generate regularly. Building accounting reports on a monthly, quarterly and annual basis makes it easier to identify - [Is Work-Related Ridesharing a Tax Deductible Expense?](https://orlandocpa.net/is-work-related-ridesharing-a-tax-deductible-expense/) - Expenses of commuting to and from work are not tax deductible. However, the cost of travel for work-related purposes is and includes rideshare fees. Keep track of all of these expenses for your accountant. For reliable tax preparation, contact KDK Accountancy Corporation at (407) 759-5363. - [5 Things Your CPA Needs To File Your Taxes Successfully](https://orlandocpa.net/5-things-your-cpa-needs-to-file-your-taxes-successfully/) - Get Help From an Award-Winning CPA - KDK Accountancy Corporation has been serving the Orlando area for decades. Contact us at (407) 759-5363 to schedule a meeting either in person or online. - [Can a Married Couple File as a Qualified Joint Venture?](https://orlandocpa.net/can-a-married-couple-file-as-a-qualified-joint-venture/) - KDK Accountancy Corporation in the Orlando area offers various services such as incorporation, new business advising, accounting, and tax services. Get in touch today at (407) 759-5363 to discuss business tax planning aspects such as a qualified joint venture. - [Should You Outsource Your Accountant?](https://orlandocpa.net/should-you-outsource-your-accountant/) - KDK Accountancy Corporation is here to guide your company on the best practices and adherence to the letter of the law regarding your financial needs. Our experts will discuss the options available to you and advise you on how to best serve your business. Let us help you make a difference. - [Do You Need Separate Personal and Business Accounts?](https://orlandocpa.net/do-you-need-separate-personal-and-business-accounts/) - Protect your personal and business finances by calling on KDK Accountancy Corporation for assistance with accounting and financial consulting. Contact us at (407) 759-5363 today! - [7 Advantages of QuickBooks for Your Business](https://orlandocpa.net/7-advantages-of-quickbooks-for-your-business/) - Businesses need to organize their financial information accurately and efficiently, so their choice of accounting software is important. QuickBooks is one of the most popular programs for companies across all industries to manage their finances because it offers users several key benefits. Here are seven ways that using QuickBooks could help your business. 1. Save - [The Importance of Financial Forecasting and Budgeting for Small Businesses](https://orlandocpa.net/the-importance-of-financial-forecasting-and-budgeting-for-small-businesses/) - Contact KDK Accountancy Corporation at (407) 759-5363 today. We are a full-service, award-winning accounting firm that has been helping Florida business owners for more than 25 years. We are fully prepared to be your trusted Orlando financial planner of choice. - [A Financial Plan: What Is It and Why You Need One](https://orlandocpa.net/a-financial-plan-what-is-it-and-why-you-need-one/) - If you believe you would benefit from a financial plan, contact a financial planner such as KDK Accountancy online or call (407) 759-5363 as soon as possible. Taking this first step helps set you up for a life of financial success and less worrying about debt, losing money and other stressors. - [Financial Planning for a Small Business: Questions You Need To Ask](https://orlandocpa.net/financial-planning-for-a-small-business-questions-you-need-to-ask/) - Effective financial planning for a small business requires a thorough understanding of structural and operational strategies designed to meet long-term goals. For more information on financial planning for a small business, contact KDK Accountancy Corporation online, or call us at (407) 759-5363 for a free consultation. - [10 Ways to Effectively Save for the Future](https://orlandocpa.net/10-ways-to-effectively-save-for-the-future/) - To safeguard your financial future, you need to form a comprehensive game plan and be diligent about sticking to it. Contact KDK Accountancy Corporation online or call (407) 759-5363 today for one-on-one support from a knowledgeable financial advisor. - [The Top 7 Reasons Your Tax Refund Could Be Delayed](https://orlandocpa.net/the-top-7-reasons-your-tax-refund-could-be-delayed/) - If you have questions or concerns about filing your taxes, you don't have to navigate them alone. Contact the professionals at KDK Accountancy Corporation for a free consultation at (407) 759-5363 and let them use their expertise to help you get your taxes completed correctly and processed quickly. - [What To Know About Tax Filing Past the Deadline](https://orlandocpa.net/what-to-know-about-tax-filing-past-the-deadline/) - Missing the tax filing deadline can create anxiety when you aren't sure what to do. Give KDK Accountancy Corporation a call at (407) 759-5363 today. We can help you stay informed so that you'll know what steps to take if you find yourself in this situation. - [Top 3 Benefits of Hiring an Accountant to Do Your Taxes](https://orlandocpa.net/top-3-benefits-of-hiring-an-accountant-to-do-your-taxes/) - Whether it's the beginning of tax season or the middle of the year, it's always a good time to let experienced, trusted accounting professionals help you prepare to file. KDK Accountancy is an award-winning CPA accounting firm dedicated to making accounting less taxing. - [Tips to Take the Headache out of Filing Your Business Taxes](https://orlandocpa.net/tips-to-take-the-headache-out-of-filing-your-business-taxes/) - Reach out to KDK Accountancy to learn more about how you can maximize your business income and take the headache out of filing your taxes - Call us at (407) 759-5363 today! - [The Top 5 Reasons You Need a Financial Review To Start 2022 Right](https://orlandocpa.net/the-top-5-reasons-you-need-a-financial-review-to-start-2022-right/) - KDK Accountancy Corporation has the expertise to guide you through the financial review process - Call our team directly at (407) 759-5363 today! - [How to Hire a CPA for your Business Taxes, Personal Taxes or Both](https://orlandocpa.net/how-to-hire-a-cpa-for-your-business-taxes-personal-taxes-or-both/) - Your finances deserve professional attention that can help ensure you have accurate reporting and taxes done correctly - Contact our financial professionals online, or When audits aren’t required, having a CPA conduct a financial review can be an excellent way of getting information and reports you and your investors can use to make decisions about future financial decisions. - [Still Waiting on Your W2? Here’s What To Do](https://orlandocpa.net/still-waiting-on-your-w2-heres-what-to-do/) - If it's past January 31st and you haven't received your W-2, make your best efforts to track them down so that you may file your taxes on time. For W-2 questions, including filing Form 4852, contact the experts at KDK Accountancy Corporation for a free consultation at (407) 759-5363. - [Business Accounting and Bookkeeping: In-House Vs. Outsourcing](https://orlandocpa.net/business-accounting-and-bookkeeping-in-house-vs-outsourcing/) - Outsourced accounting and bookkeeping aren’t right for every business, but for small and medium-sized businesses, using these services can be a smart financial move. For more information about how outsourced accounting and bookkeeping services can benefit you and your business, contact KDK Accountancy online, or call our team of professionals directly at (407) 759-5363 for a free consultation today! - [5 End-of-Year Tax Prep Tips for Business Owners](https://orlandocpa.net/5-end-of-year-tax-prep-tips-for-business-owners/) - At KDK Accountancy Corporation, we believe in working with you to get the best tax solutions for your needs - Call (407) 759-5363 for a free consultation and to learn more about the financial services we have to offer, today! - [7 Tips for Tax Prep That Will Save You Money & Time, Even Now When Extended Returns Are Due](https://orlandocpa.net/7-tips-for-tax-prep-that-will-save-you-money-time-even-now-when-extended-returns-are-due/) - Have questions about your taxes? Avoid the April rush and get answers now from KDK Accountancy about your end-of-year taxes to make your money work harder - Call us at (407) 759-5363 today! - [Simple Guide To Staying On Track With Your Business' Finances](https://orlandocpa.net/simple-guide-to-staying-on-track-with-your-business-finances/) - KDK Accountancy Corporation provides Central Florida businesses the benefit of more than six decades of comprehensive knowledge. Call (407) 759-5363 to schedule a Free In-Person or Remote Consultation to learn more about how we can streamline and improve your company’s monetary operations today! - [Financial Planning: Why Saving Now is Important for Your Future](https://orlandocpa.net/financial-planning-why-saving-now-is-important-for-your-future/) - KDK Accountancy Corporation has helped many small business owners, families and individuals create plans for their future by evaluating their current situation and providing customized solutions. Call (407) 759-5363 for a free consultation to begin planning for your future today! - [Received A Letter From The IRS? Here's What To Do](https://orlandocpa.net/received-a-letter-from-the-irs-heres-what-to-do/) - KDK Accountancy Corporation is a leading, award-winning Orlando CPA Accounting firm offering comprehensive tax and accounting services to both businesses and individuals. Call our team directly at (407) 677-1015 for a consultation today! - [Tips On Avoiding an IRS Tax Audit](https://orlandocpa.net/tips-on-avoiding-an-irs-tax-audit/) - KDK Accountancy Corporation is an accounting firm dedicated to helping small businesses in multiple industries file correct tax returns. We specialize in providing accounting services for companies that operate in the construction, retail, broadcasting, medical and legal professions. Contact us today (407) 759-5363. - [Top 2020 Tax Filing Questions: Answered](https://orlandocpa.net/top-2020-tax-filing-questions-answered/) - If you have questions regarding your taxes, be sure to get in touch with KDK Accountancy Corporation before it’s time to file. Contact our financial advisors online, or call us directly at (407) 759-5363 today! - [Tax Day isn't likely to be easier next year:](https://orlandocpa.net/tax-day-isnt-likely-easier-next-year/) - Tax Day isn't likely to be easier next year: Bill Sternberg Republicans don't agree on changes to the tax code any more than they do changes to Obamacare. We got our tax returns back from the accountant the other day. Although our family finances aren’t unusually complicated, our federal and state returns for 2016 were - [2021’s Top 7 Budgeting Tips for Small Business Owners](https://orlandocpa.net/2021s-top-7-budgeting-tips-for-small-business-owners/) - At KDK Accountancy, we help small businesses free up cash, take advantage of tax breaks and prepare for the next quarter. Schedule your free consultation with our award-winning accounting firm to find out how - Call (407) 759-5363 today! - [Understanding Employee vs. Contractor Designation](https://orlandocpa.net/understanding-employee-vs-contractor-designation/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [Who’s Left Out of 401(k) Nation](https://orlandocpa.net/whos-left-out-of-401k-nation/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [How to avoid some of the more common IRA mistakes](https://orlandocpa.net/how-to-avoid-some-of-the-more-common-ira-mistakes/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [8 New Year's Resolutions for 2021 Business Success](https://orlandocpa.net/8-new-years-resolutions-for-2021-business-success/) - KDK Accountancy Corporation can help with your financial resolutions in 2021. In fact, we've been doing just that for Central Florida businesses for decades. Schedule your free consultation at (407) 677-1040! - [Choosing the Right Accounting Firm for Your Business](https://orlandocpa.net/choosing-the-right-accounting-firm-for-your-business/) - KDK Accountancy Corporation provides Central Florida businesses the benefit of more than six decades of comprehensive knowledge. We provide full-service accounting for medical and legal practices, retail stores, broadcasting corporations, real estate agents, construction agencies and countless other industries. Contact our team online or call (407) 677-1040 to schedule a consultation and learn more about how we can streamline and improve your company's monetary operations today. - [High earners should consider a ‘back door’ Roth IRA](https://orlandocpa.net/high-earners-consider-back-door-roth-ira/) - The April 18 tax-filing deadline is looming, and many corporate executives, attorneys and other professionals earning high salaries are seeking to save more money and cut their taxes. There is a great strategy that they could be overlooking that may save significant taxes in retirement: setting up a Roth Individual Retirement Account. Roth IRAs are - [Backdoor IRAs: Another way to save on taxes in retirement](https://orlandocpa.net/backdoor-iras-another-way-save-taxes-retirement/) - Backdoor IRAs: Another way to save on taxes in retirement Unless you've filed an extension with the Internal Revenue Service, the 2016 tax year is now history. You're probably ready to take a break from thinking about taxes at all, but there is no time like the present to consider how you might save on - [What Defines a Professional Bookkeeper?](https://orlandocpa.net/what-defines-a-professional-bookkeeper/) - Bookkeepers are not known in our industry to be professionals; however, per the definition, an office worker is a professional. - [How tax reform could hit charitable giving](https://orlandocpa.net/how-tax-reform-could-hit-charitable-giving/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [In Trump Tax Plan, a Windfall for Businesses Large and Small](https://orlandocpa.net/in-trump-tax-plan-a-windfall-for-businesses-large-and-small/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [16 things to know before you begin taking Social Security benefits](https://orlandocpa.net/16-things-to-know-before-you-begin-taking-social-security-benefits/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [Information on Identity Theft for Business, Partnerships and Estate Trusts](https://orlandocpa.net/information-on-identity-theft-for-business-partnerships-and-estate-trusts/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [Accumulated wealth? Here's what to do next](https://orlandocpa.net/accumulated-wealth-heres-what-to-do-next/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [Know your Taxpayers Bill of Rights](https://orlandocpa.net/know-your-taxpayers-bill-of-rights/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [Social Security beneficiaries may get biggest raise in 6 years](https://orlandocpa.net/social-security-beneficiaries-may-get-biggest-raise-in-6-years/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [Beam me up? Scientists teleport first object ever from Earth into space](https://orlandocpa.net/beam-me-up-scientists-teleport-first-object-ever-from-earth-into-space/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [US tax reform hopes become mired in foreign cash piles](https://orlandocpa.net/us-tax-reform-hopes-become-mired-in-foreign-cash-piles/) - KDK Accountancy has been serving Orlando with CPA Services including Bookkeeping, Payroll, Taxes, Financial and Tax Planning, and is a QuickBooks ProAdvisor. - [Americans Keep Crushing It with Their 401(k)s](https://orlandocpa.net/americans-keep-crushing-401ks/) - Americans Keep Crushing It with Their 401(k)s The stock market is fueling all-time highs in retirement account balances, with the average IRA breaking into the six figures. It’s happened again: Retirement savings account balances have hit all-time highs. A string of record 401(k) and IRA account totals now stretches across three consecutive quarters, according to second-quarter data from Fidelity - [The US is losing ground when it comes to retirement security](https://orlandocpa.net/599-2/) - The US is losing ground when it comes to retirement security The U.S. is falling further behind other countries. Norway, Switzerland and Iceland rank highest on a global retirement security index. All your retirement dreams can come true, just maybe not in the U.S. Among the leading nations for retirement security, the United States didn't - [Retirement: What to do if your defined benefit pension plan is frozen](https://orlandocpa.net/retirement-defined-benefit-pension-plan-frozen/) - Retirement: What to do if your defined benefit pension plan is frozen If you happen to work for a private-sector employer who provides as a benefit a traditional pension, you might consider putting in place a back-up plan. Yes, in recent weeks, a number of well-known firms including UPS and General Mills have frozen the - [Buying Bitcoin to fund retirement? Make sure it fits plans](https://orlandocpa.net/buying-bitcoin-fund-retirement-make-sure-fits-plans/) - Powell: Buying Bitcoin to fund retirement? Make sure it fits plans Average investors are often accused of buying high and selling low. And that may very well be the case for investors who are jumping on the Bitcoin bandwagon. Bitcoin, a digital currency, has doubled and then some since the start of 2017 (it’s risen - [America’s Pension Bomb: Illinois Is Just the Start](https://orlandocpa.net/americas-pension-bomb-illinois-just-start/) - KDK Blog Post - 2 America’s Pension Bomb: Illinois Is Just the Start We’ve been hearing it for years: America’s public pensions are a ticking time bomb. Well, at long last, the state of Illinois is about to expose just how big this blowup could be. As of the 2015 fiscal year, Illinois had promised - [4 ways to tap your retirement funds earlier than normally allowed](https://orlandocpa.net/4-ways-tap-retirement-funds-earlier-normally-allowed/) - 4 ways to tap your retirement funds earlier than normally allowed Qualified retirement accounts can offer great tax advantages for people saving for retirement. Those advantages work incredibly well if you use them to save for several decades and then retire at age 59 1/2 or later, but if you need to tap your money - [Top Six Tips about the Home Office Deduction](https://orlandocpa.net/top-six-tips-about-the-home-office-deduction/) - If you use your home for business, you may be able to deduct expenses for the business use of your home. If you qualify you can claim the deduction whether you rent or own your home. If you qualify for the deduction you may use either the simplified method or the regular method to claim - [Business Use of Car](https://orlandocpa.net/business-use-car/) - If you use your car in your job or business and you use it only for that purpose, you may deduct its entire cost of operation (subject to limits discussed later). However, if you use the car for both business and personal purposes, you may deduct only the cost of its business use. You can - [Five Little Lines That Will Help You Save Big on Taxes](https://orlandocpa.net/five-little-lines-will-help-save-big-taxes/) - • Business owners can sock away a maximum of $54,000 in a SEP-IRA or $12,500 in a SIMPLE IRA. • If you're 70½ and don't need your required minimum distribution, give it to charity. If you want to save money, dust off your 2016 tax return. Back in April, after your preparer filed your Form - [Almost half of Americans die nearly broke](https://orlandocpa.net/almost-half-americans-die-nearly-broke/) - Almost half of Americans die nearly broke Americans aren't known for being great savers. In a recent GoBankingRates study, 69% of adults admitted to having less than $1,000 in the bank, while 34% said they actually don't have any savings at all. But apparently, this collective lack of savings doesn't get all that much better - [5 things to give up if you want to be debt-free](https://orlandocpa.net/5-things-give-want-debt-free/) - 5 things to give up if you want to be debt-free Debt is easy to rack up — but hard to pay off. That's why it's no surprise that Americans surpassed $1 trillion in credit card debt last year, the highest level since the Great Recession. However, if you're willing to buckle down, becoming debt-free, and doing it - [Why you shouldn't expect much from Social Security](https://orlandocpa.net/shouldnt-expect-much-social-security/) - Why you shouldn't expect much from Social Security Social Security provides the foundation for retirement plans for millions of Americans, but that foundation is in seriously bad shape. According to the program's own trustees: It's already spending more cash than it takes in through taxes today, By 2020, its trust funds will start depleting, and - [Accounting tips for small businesses](https://orlandocpa.net/accounting-tips-small-businesses/) - Accounting tips for small businesses Accounting is one of the necessary tasks of any successful business, however monotonous it may be. Properly managing your business accounts helps you make sure you’re not losing unnecessary money, that your employees are getting paid, taxes are being filed, and more. To keep your business out of the weeds - [3 Social Security surprises that may leave money on the table](https://orlandocpa.net/3-social-security-surprises-may-leave-money-table/) - 3 Social Security surprises that may leave money on the table Almost a quarter of future retirees who expect to receive Social Security either guess or don't know how much their benefits will be. Newslook Even if your retirement is years away, it's a good idea to periodically check in on your Social Security benefits. Why? To - [Why your 401(k) can be a cash drain](https://orlandocpa.net/401k-can-cash-drain/) - Why your 401(k) can be a cash drain Everyone's heard of stretching to buy a McMansion and becoming "house poor." But what about saving too much for retirement and ending up "401(k) rich and cash poor"? Don't snicker. It can and does happen — often to investors with both good savings habits and good intentions for their financial future. These model savers later - [Tony Robbins: Hidden Fees Are Killing Your Retirement Plans](https://orlandocpa.net/tony-robbins-hidden-fees-killing-retirement-plans/) - Life coach and author notes that 92 percent Americans don't know the costs involved with their 401(k) plan — and 72 percent believe they're not paying anything. A 1 percent fee cut can help money last 10 additional years in retirement. Fees can slash retirement savings by as much as 60 percent. Best-selling author and life coach Tony - [This Tax Break Isn't Much of A Windfall For Student Loan Borrowers](https://orlandocpa.net/tax-break-isnt-much-windfall-student-loan-borrowers/) - If you're sitting on a huge pile of student debt and think your loan interest deduction will save you loads on taxes, think again. That because borrowers are permitted to deduct only a portion of the interest they've paid on educational debt. And it phases out if you make too much. As long as you've - [The Ins and Outs of Applying For Social Security Benefits](https://orlandocpa.net/ins-outs-applying-social-security-benefits/) - Pundits spend a good deal of time advising Americans about the best age to claim Social Security – at age 62, at full retirement age, at age 70 and the like. But they hardly ever discuss the nuts and bolts of applying for Social Security benefits. They should. You see, the seemingly simple act of - [This is the No. 1 reason Americans file for bankruptcy](https://orlandocpa.net/no-1-reason-americans-file-bankruptcy/) - When we think about consumer debt, we tend to point a finger at folks for whom shopping sprees are a way of life. But the real reason a large number of Americans wind up in financial trouble has nothing to do with self-indulgence or an inability to resist temptation. Rather, it’s a matter of medical - [Pinching pennies on Social Security? Maybe not](https://orlandocpa.net/pinching-pennies-social-security-maybe-not/) - Get rid of that notion that retirement must be a time to cut costs and pinch pennies. Rather, plenty of people seem to be in a position to splurge a bit after claiming Social Security benefits. Most people are able to maintain or increase their spending slightly once they start receiving retirement benefits, according to a new - [The average American’s 2017 tax refund — and how they’ll spend it](https://orlandocpa.net/average-americans-2017-tax-refund-theyll-spend/) - According to recently released data, the IRS has processed 128.8 million tax returns submitted in 2017 so far, and has issued more than 97 million refunds. The average taxpayer who received a refund got $2,763, an increase of roughly 2% over last year. Here’s a closer look at the data and how Americans are planning - [10 retirement stats that will blow you away](https://orlandocpa.net/10-retirement-stats-will-blow-away/) - For many Americans, retirement is a mixed bag. On one hand, countless seniors enjoy the flexibility and freedom retirement offers. On the other hand, finances, or a glaring lack thereof, are a major concern for older Americans, especially since so many go into retirement ill-equipped to live off a fixed income. Here's some key data - [How Does an LLC Owner Get Paid?](https://orlandocpa.net/llc-owner-get-paid/) - How Does an LLC Owner Get Paid? The limited liability company (LLC) is a peculiar form of business type, and a recent addition to the types of businesses. There are two types of LLC's - a single owner LLC (called a "single-member LLC") and a multiple-owner (multiple-member) LLC. As a member of an LLC, either - [So, you owe the IRS. Bummer. Here's how to plan better for next year](https://orlandocpa.net/owe-irs-bummer-heres-plan-better-next-year/) - So, you owe the IRS. Bummer. Here's how to plan better for next year While all your friends are posting on Facebook about what they plan to do with their tax returns, you're scrambling to figure out how you'e going to drum up the money you owe in taxes. Paying taxes can be a bummer, especially if you are - [Here are 5 reasons Trump and Congress are struggling with tax reform](https://orlandocpa.net/5-reasons-trump-congress-struggling-tax-reform/) - Here are 5 reasons Trump and Congress are struggling with tax reform A tax reform plan was supposedly imminent when President Trump met with airline executives at the White House on Feb. 9. “We're way ahead of schedule,” Trump said then. “We're going to be announcing something, I would say, over the next two or three - [Here's what upsets Americans most about their tax system](https://orlandocpa.net/heres-upsets-americans-taxes/) - Most United States citizens see taxes as a fact of life, something that can't be avoided, or controlled. In many cases, according to a new study from Pew Research, they also view them as being unfair, a system rigged against the little guy in favor of big business and wealthy people. "Among the public overall, - [Do this during tax season to maximize your Social Security benefits](https://orlandocpa.net/tax-season-maximize-social-security-benefits/) - Tax season is a great time to make sure your Social Security benefits statement accurately reflects your earnings history. You will have all the documents you need at your fingertips to correct any mistake. The annual statement details how much you earned each year to estimate monthly benefits, which are based on an average of your - [Millennials: It pays to rethink the Boomer approach to retirement](https://orlandocpa.net/boomer-approach-retirement/) - To paraphrase one of the great musings of the American businessman and investor Charlie Munger, you don’t have to touch an electric fence to learn not to do it. In other words, it’s better to learn through observation and the mistakes of others than through making the mistakes yourself. For this reason, Millennials should take - [I.R.S. Tax Extension Adds Time to File, but You Still Have to Pay](https://orlandocpa.net/irs-tax-extension-adds-time/) - The April 18 deadline for filing federal income tax returns is less than three weeks away. Taxpayers who think that they will not complete their returns on time may want to consider filing extensions. A quirk of the calendar is giving taxpayers more time to file their returns this year. (The traditional filing day, April - [What you can do about the marriage tax penalty](https://orlandocpa.net/can-marriage-tax-penalty/) - Marriage proposals and weddings are joyous events, but for many couples the thrill of putting a ring on it also means saying “I do” to a higher tax bill. The reason is what the tax industry refers to as “the marriage penalty” — a discrepancy that causes some married couples to pay more combined income - [Spring cleaning is a perfect time to get your financial house in order](https://orlandocpa.net/spring-cleaning-is-a-perfect-time-to-get-your-financial-house-in-order/) - Spring cleaning is a perfect time to get your financial house in order Monday is the first day of spring and thoughts of spring cleaning may be on your mind. In addition to sprucing up your home for the upcoming warm weather, it might be even more important to take some to time to spruce up your - [11 big tax mistakes to avoid](https://orlandocpa.net/11-big-tax-mistakes-to-avoid/) - 11 big tax mistakes to avoid Mistakes are part of life, but try not to make them part of your tax return. One misstep could hold up your tax return — maybe even your refund — for weeks or months, and you might even end up on the hook for interest and penalties. Here are - [Apple iCloud ransom demands: The facts you need to know.](https://orlandocpa.net/apple-icloud-ransom-demands-the-facts-you-need-to-know/) - Apple iCloud ransom demands: The facts you need to know. Welcome to the wonderful world of security nuance. Hackers are demanding Apple pay a ransom in bitcoin or they'll blow the lid off millions of iCloud account credentials. Beyond the primary headline, however, there are a bevy of loose ends and nuances to ponder. So - [How to get your biggest tax deduction](https://orlandocpa.net/how-to-get-your-biggest-tax-deduction/) - How to get your biggest tax deduction The IRS says the money belongs to an estimated 1 million taxpayers who didn't file 2013 returns. Doubling up on your deductions can be a really smart move. At tax time, you always want to pay as little in taxes as you can. Taking advantage of the best - [Single Mom's Post About Her Tax Refund Goes Viral](https://orlandocpa.net/single-moms-post-about-her-tax-refund-goes-viral/) - A recovering addict and single mom took her $5,600 tax refund and used it not to splurge on the latest gadget, but to pay her rent—for the entire year. - [This Year’s IRS Audits Are Bad News for the Rich](https://orlandocpa.net/this-years-irs-audits-are-bad-news-for-the-rich/) - The number of audits conducted by the Internal Revenue Service has dropped as it continues to reel from years of budget cuts. But even as its workforce shrinks - [How to report major life changes to the IRS](https://orlandocpa.net/how-to-report-major-life-changes-to-the-irs/) - In all of those situations, there are important tax consequences to your return. Here's a look at what to do before April 18, this year's filing deadline: - [Test Your Tax IQ With This Pop Quiz](https://orlandocpa.net/test-your-tax-iq-with-this-pop-quiz/) - Seven percent of respondents didn’t know what a tax bracket was. That’s according to a NerdWallet survey of 1,800 U.S taxpayers - [Should I itemize on my tax return, or take the standard deduction?](https://orlandocpa.net/should-i-itemize-on-my-tax-return-or-take-the-standard-deduction/) - If you want to save on your taxes, you should take the biggest deductions you can. people take the standard deduction, deductions give them a larger tax break. - [The best tax tips for freelancers](https://orlandocpa.net/the-best-tax-tips-for-freelancers/) - From Uber drivers to freelance web developers, there's a growing group of 1099 workers in the labor force – some have a side job in addition - [IRS has begun accepting tax returns: 6 things early filers need to know](https://orlandocpa.net/irs-has-begun-accepting-tax-returns-6-things-early-filers-need-to-know/) - hat's when the Internal Revenue Service will start accepting electronically filed tax returns. We have until April 18 to file returns but many file earlier in the season, if they're expecting large refunds. - [Revealed: The average American's taxable income, and why it could fall in 2017](https://orlandocpa.net/revealed-the-average-americans-taxable-income-and-why-it-could-fall-in-2017/) - Are you living up to the average American's standard of living? - [Five ways crooks try to rip us off in tax season](https://orlandocpa.net/five-ways-crooks-try-to-rip-us-off-in-tax-season/) - Oh, for the days when tax tips were as simple as double-check your math and sign your return. - [HOW TO SPEND YOUR BONUS!](https://orlandocpa.net/how-to-spend-your-bonus/) - So you got a bonus. How much of it do you want to spend? - [3 smart things to do with your 2017 tax refund](https://orlandocpa.net/3-smart-things-to-do-with-your-2017-tax-refund/) - If you're expecting a tax refund this year, consider using it to improve your financial health. - [10 tax forms you need to know before you file](https://orlandocpa.net/10-tax-forms-you-need-to-know-before-you-file/) - IRS’s website for a list of all federal tax forms and you’ll get over 900 results - [How to decipher those strange codes on your paycheck](https://orlandocpa.net/how-to-decipher-those-strange-codes-on-your-paycheck/) - Are you getting less money in your paycheck than you should? - [Why paying household help under the table is a really bad idea](https://orlandocpa.net/why-paying-household-help-under-the-table-is-a-really-bad-idea/) - Don't even think about making that hush-hush cash payment to your child's nanny. - [Cyber-Attacks Put 60% of Small Companies Out of Business — Don’t Be Next](https://orlandocpa.net/cyber-attacks-put-60-of-small-companies-out-of-business-dont-be-next/) - Websites hacked. Corporate data leaked, Identities Stolen. - [ONLINE SECURITY 101: TIPS FOR PROTECTING YOUR PRIVACY FROM HACKERS AND SPIES](https://orlandocpa.net/online-security-101-tips-for-protecting-your-privacy-from-hackers-and-spies/) - This simple advice will help to protect you against hackers and government surveillance. - [2016 tax returns determine 2018 Medicare premiums](https://orlandocpa.net/2016-tax-returns-determine-2018-medicare-premiums/) - High-income surcharge based on new brackets next year - [3 IRA myths – debunked!](https://orlandocpa.net/3-ira-myths-debunked/) - No matter what you may have heard about IRAs, it's time to set the record straight. - [Tax season just started. Here's what you need to know](https://orlandocpa.net/tax-season-just-started-heres-what-you-need-to-know/) - Tax season just started. Here's what you need to know - [What you need to know now about the upcoming tax season](https://orlandocpa.net/what-you-need-to-know-now-about-the-upcoming-tax-season/) - A new year and time to put the last one to bed, which means filing your taxes. The Internal Revenue Service says expect changes when tax filing season starts - [14 Social Security stats that will blow you away](https://orlandocpa.net/14-social-security-stats-that-will-blow-you-away/) - More than 65 million people depend on Social Security for some or all of their income, but Social Security's financial shape is expected to deteriorate - [3 facts about Social Security every Baby Boomer should know](https://orlandocpa.net/3-facts-about-social-security-every-baby-boomer-should-know/) - Three facts about Social Security, including the full retirement age, how the date you retire will affect your spouse, and what role your life expectancy plays in your benefits are very important to baby boomers. The oldest Baby Boomers are now in retirement age, while the youngest are in their 50s. Considering that many Baby - [8 Little-Known Tax Deductions You Should Prep for This New Year](https://orlandocpa.net/8-little-known-tax-deductions-you-should-prep-for-this-new-year/) - Many small business owners aren’t aware, but they’re often eligible for lots of different tax deductions from the government. - [Bigger tax breaks, new health care options for business owners](https://orlandocpa.net/bigger-tax-breaks-new-health-care-options-for-business-owners/) - business owners can count on changes in tax law and other rules. For 2017, small businesses are getting a bigger deduction for equipment - [Accountant vs. Bookkeeper: What Do They Do for a Business?](https://orlandocpa.net/accountant-vs-bookkeeper-what-do-they-do-for-a-business/) - Small businesses live and die by their cash flow and accountability. Accurate recordings of transactions, coupled with proper assessment and processing, give small business owners a firm base on which to make decisions and create plans for growth. Recording and understanding the sales, expenses and other basic business data should be easy enough for small - [10 little-known tax deductions and credits](https://orlandocpa.net/10-little-known-tax-deductions-and-credits/) - In just a few short months, the day you’ve dreaded all year will be here: Tax Day. To prepare for the ominous April deadline, start organizing your finances - [It's nearly New Year's Eve, but you can still lower 2016 taxes](https://orlandocpa.net/its-nearly-new-years-eve-but-you-can-still-lower-2016-taxes/) - The clock is ticking on taking advantage of tax breaks for 2016. From managing capital gains to charitable giving, financial advisors point to a range of tax strategies that can help reduce the amount you fork over to Uncle Sam. But don't make the mistake of waiting to act until next spring, when the April - [2017 Standard Mileage Rates for Business, Medical and Moving Announced](https://orlandocpa.net/2017-standard-mileage-rates-for-business-medical-and-moving-announced/) - The Internal Revenue Service issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business - [Give now, push income out until later: Tips for curbing your tax bill](https://orlandocpa.net/give-now-push-income-out-until-later-tips-for-curbing-your-tax-bill/) - Paying taxes isn't necessarily top of mind as the holidays approach, but more than likely, paying for gifts is. So is there enough time to make smart tax moves - [Year-end Small Business Checklist](https://orlandocpa.net/year-end-small-business-checklist/) - The end of the year can get a little crazy. People are planning for holiday travel, scrambling to meet deadlines, and trying to get ahead for the upcoming year. - [How to Set a Budget for Your Small Business](https://orlandocpa.net/how-to-set-a-budget-for-your-small-business/) - You’d be hard pressed to find a profitable business owner who doesn’t set a budget for their business. It’s a vital part of creating a roadmap for success and an easy way to stay on track financially throughout the year. - [IRS, Partners Warn of Online Threats; Protect Personal Computers](https://orlandocpa.net/irs-partners-warn-of-online-threats-protect-personal-computers/) - The Internal Revenue Service, states and the tax industry remind you that online threats and annoyances abound. There are viruses, worms, Trojans and more. - [Don’t Lose Equity! 4 Reasons Why Borrowing is Better](https://orlandocpa.net/dont-lose-equity-4-reasons-why-borrowing-is-better/) - Debt can be a smart and effective way to finance your business without giving up equity. - [Can Paycards Save Money for Your Business?](https://orlandocpa.net/can-paycards-save-money-for-your-business/) - Replacing paper paychecks with payroll cards can take the cost and hassle out of your payroll process, and make it easier for employees too! - [Last-minute tax tips for entrepreneurs in 2016](https://orlandocpa.net/last-minute-tax-tips-for-entrepreneurs-in-2016/) - If you run a small business, now is the time to shore up your finances and take advantage of available deductions to cut your tax bill. - [4 Secrets to Improving Your Business Credit Score](https://orlandocpa.net/4-secrets-to-improving-your-business-credit-score/) - If you’re seeking out suppliers, trying to score a contract with the U.S. government, or applying for a low-cost business loan, you’ve probably heard that your business credit score can have a big-time effect on your chances. - [New IRS rule could save $20,000 on botched IRA rollovers](https://orlandocpa.net/new-irs-rule-could-save-20000-on-botched-ira-rollovers/) - On Aug. 24 the IRS changed its appeals process for those who miss the 60-day deadline. Now, with one of 11 excuses - [Ready for New Overtime Rules? 5 Answers to Your Last-Minute Questions](https://orlandocpa.net/ready-for-new-overtime-rules-5-answers-to-your-last-minute-questions/) - Here’s what your small business needs to know about complying with federal overtime regulations before the Dec. 1 deadline. - [Looking For Funding? Start With Your Business Credit Score](https://orlandocpa.net/looking-for-funding-start-with-your-business-credit-score/) - Small business owners may not be aware that lenders and creditors make funding decisions using your business credit score, not just your personal credit score. - [5 New 401(k) and IRA Rules for 2017](https://orlandocpa.net/5-new-401k-and-ira-rules-for-2017/) - The contribution limits for 401(k) plans and individual retirement accounts will stay the same in 2017. Workers remain eligible to defer paying income tax on up to $18,000 that they save in a 401(k) - [Debt Service Coverage Ratio: Will You Be Able to Pay Back Your Small Business Loan?](https://orlandocpa.net/debt-service-coverage-ratio-will-you-be-able-to-pay-back-your-small-business-loan/) - Before you need to apply for business financing, a simple calculation will help you determine how much you can afford to borrow. - [New rules for workforce development](https://orlandocpa.net/new-rules-for-workforce-development/) - Across America, new rules take effect this week for managing the development of our manufacturing workforce - [Looming Deadline: Small Businesses Prep for Overtime Rules](https://orlandocpa.net/looming-deadline-small-businesses-prep-for-overtime-rules/) - Small business owners are rushing to get their companies — in particular their employees — ready for an upcoming change in overtime rules. - [Why Is Sales Tax Compliance Important to Small Business Owners?](https://orlandocpa.net/why-is-sales-tax-compliance-important-to-small-business-owners/) - Don’t let the complexities of sales tax rates, use tax rules and tax exemption management take you away from running your small business. - [How to lower your property taxes in four easy steps](https://orlandocpa.net/how-to-lower-your-property-taxes-in-four-easy-steps/) - No matter where you live, you likely wish you paid less. Here are a few steps you can take to cut your property taxes. - [Seriously: 'Tis the season to think about tax strategies](https://orlandocpa.net/seriously-tis-the-season-to-think-about-tax-strategies/) - Before you get wrapped up in the upcoming string of holidays and the inevitable bustle that goes with it, financial advisors recommend dedicating some time to taxes. And no, they're not trying to be funny. The fact is this: If you want to reduce your 2016 tax bill, most of the available strategies must be - [WHO recommends weighty taxes on sugary drinks to fight obesity, diabetes](https://orlandocpa.net/who-recommends-weighty-taxes-on-sugary-drinks-to-fight-obesity-diabetes/) - The U.N. health agency on Tuesday recommended that countries use tax policy to increase the price of sugary drinks like sodas, sport drinks and even 100-percent fruit juices - [How the IRS Helps the Rich Get Richer](https://orlandocpa.net/how-the-irs-helps-the-rich-get-richer/) - Among the biggest of these givebacks, courtesy of the Internal Revenue Service (well, really Congress), are capital gains and dividends—these are the biggest way the wealthiest benefit. - [HHS says millions are losing out on tax credits for marketplace coverage](https://orlandocpa.net/hhs-says-millions-are-losing-out-on-tax-credits-for-marketplace-coverage/) - At least 2.5 million Americans who currently purchase individual health insurance plans would qualify for tax credits if they bought coverage through the marketplace next year. - [IMPORTANT: What Is Ransomware? 1 In 3 Small Businesses ‘Clueless’ To The Danger](https://orlandocpa.net/important-what-is-ransomware-1-in-3-small-businesses-clueless-to-the-danger/) - According to new research released by antivirus firm AVG on Tuesday, too many businesses are unaware of how dangerous ransomware can be - [The Difference Between Sales Tax & Use Tax and Related Audit Risk](https://orlandocpa.net/the-difference-between-sales-tax-use-tax-and-related-audit-risk/) - As a small business owner, you’re accustomed to charging sales tax to customers for products or services you sell - [IRS and Security Summit Partners Warn of Fake Tax Bill Emails](https://orlandocpa.net/irs-and-security-summit-partners-warn-of-fake-tax-bill-emails/) - The Internal Revenue Service and its Security Summit partners today issued an alert to taxpayers and tax professionals to be on guard against fake emails - [IRS Urges Employers to Take Advantage of Expanded Work Opportunity Tax Credit; Employers Have Until Sept. 28 to Request Certification for Many New Hires](https://orlandocpa.net/irs-urges-employers-to-take-advantage-of-expanded-work-opportunity-tax-credit-employers-have-until-sept-28-to-request-certification-for-many-new-hires/) - With a key certification deadline fast approaching, the Internal Revenue Service today urged employers to take advantage of a valuable tax credit - [Small businesses seek delay of overtime rule](https://orlandocpa.net/small-businesses-seek-delay-of-overtime-rule/) - The nation’s leading small business trade group on Tuesday asked the Labor Department to delay a new rule making millions of Americans eligible for overtime pay - [Memo to divorcing boomers: Watch your assets](https://orlandocpa.net/memo-to-divorcing-boomers-watch-your-assets/) - For baby boomers, divorce is soaring. The divorce rate among adults over age 50 doubled between 1990 and 2014, according to a report by the National Center for Family & Marriage Research. - [Guide to Bookkeeping for new business owners](https://orlandocpa.net/guide-to-bookkeeping-for-new-business-owners/) - If you’re in the midst of starting a new business, then the bookkeeping requirements are unlikely to be at the forefront of your mind. - [Tax Breaks Every Business Owner Should Know About](https://orlandocpa.net/tax-breaks-every-business-owner-should-know-about/) - As a small business owner, you’re probably well aware of the challenges associated with keeping your business up and running—and turning a profit. Each day offers greater potential, but you must first learn to navigate the potential pitfalls. Of course, it helps to take advantage of any tax breaks that come your way. According to - [Is Your broker working for your interests?](https://orlandocpa.net/is-your-broker-working-for-your-interests/) - The Department of Labor announced new rules that will require financial advisors and brokers to act in the best interests of their clients when handling individual retirement and 401(k) investment accounts. Seems like common sense? It is, but unfortunately the advice provided by brokers isn’t always in their client’s best interest but rather the amount - [More Employers Are Worried About Screwing Up Your 401(k)](https://orlandocpa.net/more-employers-are-worried-about-screwing-up-your-401k/) - Employer anxiety about offering you a 401(k) plan is rising rapidly, and for potentially good—and expensive—reasons. Class-action lawyers are targeting a wider variety of alleged breaches of fiduciary duty in retirement offerings and suing a broader range of entities, including college and university 403(b) plans. The latest burst of litigation came Wednesday by Schlichter Bogard & Denton, a law firm with a track - [Will Trump’s or Clinton’s Tax Plans Help Your Business?](https://orlandocpa.net/will-trumps-or-clintons-tax-plans-help-your-business/) - Whether it’s “Family First” or “America First,” small business owners say economic policy is their chief concern heading into the presidential election. In Manta’s most recent election poll, small business owners rated economic policies, health care reform and immigration policies as the most important factors in voting for either Donald Trump or Hillary Clinton. Asked - [Another Good Reason Not to Get Married, Courtesy of the IRS](https://orlandocpa.net/another-good-reason-not-to-get-married-courtesy-of-the-irs/) - There are plenty of reasons to get married. Your taxes may not be one of them. Some couples—generally those with one person who earns far more than the other—will see their tax bills fall after marriage. But for two well-paid professionals, tax bills can soar post-marriage, as their combined incomes put them in the highest tax brackets. And - [Why You Need to Know How Much Your Business is Worth](https://orlandocpa.net/why-you-need-to-know-how-much-your-business-is-worth/) - As a small business owner, it’s easy to fall into the trap of thinking that a business valuation simply isn’t necessary, at least not yet. After all, you’re busy trying to grow your business. You can worry about what your business is worth down the road, when it’s time to sell or think about retirement, - [What Is A Bank Trust Account?](https://orlandocpa.net/what-is-a-bank-trust-account/) - In most banks, trust accounts are offered as an option, and it comes with the possibility of controlling the funds and holding funds for specific purposes, such as paying for an exact bill. It is also an account for savings where you can administer the funds for the benefit of an individual or a group. - [What is an LLC?](https://orlandocpa.net/what-is-a-llc/) - The term LLC or Limited Liability Company is a relatively new term when it comes to types of business structures. The first LLC was formed in Wyoming in 1977 with the aim of providing small business owners with a new form of company structure that would be more flexible and less rigorous in the statutory - [What is Financial Planning in Orlando](https://orlandocpa.net/what-is-financial-planning-in-orlando/) - Financial planning is defined as a process whereby an individual or a couple settles objectives, assesses all resources and assets, estimates any future financial needs, and makes necessary plans to achieve any monetary goals they may have. Financial planning includes a variety of factors, such as cash flow management on a daily basis, as well - [Tips Finding the Right Orlando Financial Planner](https://orlandocpa.net/tips-finding-the-right-orlando-financial-planner/) - Many will agree that finding the right financial planner is an important thing. Good financial advice makes a huge difference in one’s financial future, especially when it comes to items like estate management and retirement planning. Sound financial planning will mark the difference between making ends meet and financial freedom, or being able to retire - [Why You Need to Hire an Experienced Orlando Tax Professional if You get Audited](https://orlandocpa.net/why-you-need-to-hire-an-experienced-orlando-tax-professional-if-you-get-audited/) - A tax audit conducted by an IRS professional often occurs when the IRS needs to confirm some details on a tax return form and determine accuracy. Approximately one in 75 men and women get audited by the IRS. It means that 80 percent of all men and women will get audited at some point during - [How an Orlando Accountant Can Help You with your Financial Planning](https://orlandocpa.net/how-an-orlando-accountant-can-help-you-with-your-financial-planning/) - A majority of men and women will admit that they do not have the time to manage their personal finances. As well, a majority of these individuals are not endowed with comprehensive knowledge about financial planning. With complex concepts like wealth creation, family trusts, and a variety of other fundamental personal finance management elements, the - [The Advantages of Using Quickbooks as your Accounting Software](https://orlandocpa.net/hello-world-2/) - Numerous business owners do not have the inherent ability to completely grasp all the financial fundamentals of their company because of a clear lack of adequate reporting as well as transaction tracking. Knowing where a business is heading is essential in producing successful ventures. Many businesses look for simple, affordable means to monitor all their ## Pages - [Home](https://orlandocpa.net/) - KDK Accountancy - Top Rated Orlando CPA & Accounting Firm. We provide Small Business CPA, IRS Tax Accountant & Advisor. Call (407) 677-1040 For A Free Consultation. - [CPA Planner](https://orlandocpa.net/cpa-planner/) - KDK Accountancy Corporation - Top Rated Orlando CPA Planner who has helped many small business owners, families and individuals create plans for their future - Call (407) 759-5363 for a Free Consultation. - [IRS Tax Audits](https://orlandocpa.net/irs-tax-audits/) - KDK Accountancy - Top Choice for IRS Tax Audits in Central Florida. Call 407-759-5363 for a Free Consultation from our expert Orlando CPA. - [About](https://orlandocpa.net/tax-preparation-cfp-planning-financial-estate-orlando-maitland-winter-park-florida/) - KDK Accountancy - Top Rated Accounting Firm in Orlando. CPA with expertise Accounting, Tax Preparation, Tax Planning. 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