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Posted in Firm News on July 12, 2019
⇢Importance of Bookkeeping⇠ What is Bookkeeping? noun – [b oo k-kee-ping]: The work or skill of keeping account books or systematic records of money transactions (distinguished from accounting). dictionary.com Key Components of Bookkeeping: Recording Financial Transactions Posting Debits and Credits Producing Invoices Bookkeeping Helps Keep a Clear Picture of Your Company’s Financial Health! Is your business organized?… (Keep reading)
Nevada Commerce Tax Update – June 2019
Posted in Firm News on June 27, 2019
The Nevada State Legislature modified the filing requirements for the Nevada Commerce Tax. Businesses with gross revenue below four million dollars for the July 1through June 30th fiscal year no longer have to file a return. Only businesses with gross revenue of four million dollars or more are required to file a return and pay… (Keep reading)
Posted in Firm News on June 27, 2019
Posted in Firm News on June 5, 2019
Things happen that are beyond our capacity. For instance, you receive a letter from the IRS stating they are going to audit your tax information for the past years. Another example can be that a family member has passed and left you as the trustee of their estate. What do you do? First off, take… (Keep reading)
Posted in Firm News on May 24, 2019
Posted in Firm News on May 22, 2019
A: Appeals, Answer and Agreement. Appeal: Almost any outcome in one court can be appealed to the next higher court. Some decisions of the Justice Court, for example, can be appealed to the District Court, and likewise, a decision of the District Court can be appealed to either the Nevada Court of Appeals or the Nevada… (Keep reading)
Posted in Firm News on May 14, 2019
Business is good right now for anybody willing to turn tax cheats in to the IRS. Last year,the Service awarded more than $312 million to tipsters, according to a report released in February. This is exponentially greater than the then-record year of $125 million in 2012. Why? Because the 2018 tax collection results from whistleblowers… (Keep reading)
Communication in the Work Place
Posted in Firm News on May 8, 2019
Communication is the core to a productive and successful work environment. Communicating is vital between co-workers; it prevents misunderstandings and conflict and creates a healthy ,peaceful environment. Communication gives you the tools to understand your co-workers and their needs to build a successful business. It is also vital for client relations. It is very important… (Keep reading)
