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![Good Recordkeeping = The Backbone of Business Success](https://www.austinaccountingservices.com/wp-content/uploads/2024/07/record-keeping--1080x675.jpg)
Good Recordkeeping = The Backbone of Business Success
Although it might appear excessive, maintaining meticulous records—including receipts, bills, invoices, and other payment documentation—is crucial for both businesses and individuals. By maintaining organized records, you can easily track your financial health,...
![Mid-Year Tax Planning Tips](https://www.austinaccountingservices.com/wp-content/uploads/2024/05/tax-planning-mid-year-1080x675.jpg)
Mid-Year Tax Planning Tips
Start your midyear tax planning journey with a clear vision of your financial goals and lessons learned from last year to make informed decisions.
![The Surge of Tax Fraud: Safeguarding with an IP PIN](https://www.austinaccountingservices.com/wp-content/uploads/2024/05/Tax-fraud-image.png)
The Surge of Tax Fraud: Safeguarding with an IP PIN
While the Tax Day deadlines may have passed, the threat of tax fraud is skyrocketing, especially with the advancements in AI technology leading to more sophisticated scams. Considering this, it’s never too late to safeguard yourself by implementing an Identity Protection Pin.
![Mastering Sales Tax Reporting](https://www.austinaccountingservices.com/wp-content/uploads/2024/03/for-website-sales-tax-reporting.png)
Mastering Sales Tax Reporting
How QuickBooks Eases Tracking As a business owner, managing sales tax reporting can be quite a daunting task. This tax, however, is extremely important given a company’s clients need to understand the final price of the item and businesses must anticipate how much tax...
![What Value Does Accounting Expertise Add to My Business?](https://www.austinaccountingservices.com/wp-content/uploads/2024/01/Accounting-expertise-Jeanine-Hemingway-CPA.png)
What Value Does Accounting Expertise Add to My Business?
Undeniably, accounting expertise plays a crucial role in adding value to businesses in various ways. With knowledge and skills in financial management, tax planning, cash flow improvement and balance sheets, CPA’s and accountants can contribute significantly to the growth and success of an organization. Let’s dive into various ways in which accounting expertise can benefit businesses.
![Make the Most of Year-End Tax Planning](https://www.austinaccountingservices.com/wp-content/uploads/2023/11/Tax-Planing-Blog.jpg)
Make the Most of Year-End Tax Planning
As the year 2023 draws to a close, it's important to start thinking about taxes. Whether you're a business owner or an individual, planning ahead can help reduce your tax burden and save you both time and money. To help you get started, we've put together a...
![Exploring the Pros and Cons of C Corp and LLC Status](https://www.austinaccountingservices.com/wp-content/uploads/2023/07/Exploring-the-Pros-and-Cons-of-C-Corp-and-LLC-Status.jpg)
Exploring the Pros and Cons of C Corp and LLC Status
The world of business structures can be complex and overwhelming, with various categories and nomenclature to keep track of. For business owners, it's important to understand the differences among these structures, as they have significant implications for taxes,...
![Business Owner’s Guide to Choosing the Right Payroll Software](https://www.austinaccountingservices.com/wp-content/uploads/2023/06/Business-Owners-Guide-to-Choosing-the-Right-Payroll-Software.jpeg)
Business Owner’s Guide to Choosing the Right Payroll Software
Small businesses face unique challenges when it comes to managing their payroll. Inaccurate or delayed payments can create serious problems for both employers and employees. That's why it is crucial for small businesses to invest in effective and accurate payroll...
![Saving for College? What You Should Know About 529 Plans](https://www.austinaccountingservices.com/wp-content/uploads/2023/04/Saving-for-College-What-You-Should-Know-About-529-Plans.jpeg)
Saving for College? What You Should Know About 529 Plans
If you are a parent saving for college tuition or going back to school to earn another degree, you know that college tuition has skyrocketed over the last few decades. State funding cuts, expanding administrative staffs, and increased construction and facility costs...
![The Electric Vehicle Tax Credit: How it Works, Who Qualifies?](https://www.austinaccountingservices.com/wp-content/uploads/2023/02/EV-Tax-Credit-article-.jpg)
The Electric Vehicle Tax Credit: How it Works, Who Qualifies?
With the recent passage of the Inflation Reduction Act of 2022, the electric vehicle credit has undergone some major changes. Although most of the changes take effect in this year, to qualify for the current credit, vehicles purchased after August 15, 2022, are...