We know nobody really likes tax season. Here’s the thing, the work you do now could be the difference between saving money or spending money in March and April. We’re willing to bet that you don’t want to pay more in taxes, so why are you acting this way? Yes, it helps to have a good accountant, but if you wait until the last minute a tax accountant can only fill out your tax filings according to what’s already happened.
Tax law isn’t static, it’s constantly changing. Deductions that were available last year aren’t available this year, the amount you can deduct changes, even changes in how dependents work for deductions. We’re asked all the time about this, so here’s what you need to know about the three biggest changes to tax deductions in 2018.
You’ve grown your business, take pride in a satisfied customer base, and have increased profitability year after year -- what’s the problem with that? As the poet Biggie Smalls once so eloquently rapped, “Mo money, mo problems.” While it’s obviously the goal to succeed as a business - and profitability is part of that equation - here’s how too much profitability can hurt your business -- and where you can get the help you need.
CSI is a proud member of the Professional Association of Small Business Accountants, or PASBA. CSI Accounting & Payroll has won several prestigious PASBA awards including Small Business Accounting Firm of the Year and PASBA's 2018 Lifetime Achievement award. Here is a short video that highlights the PASBA model and how its service and price model for accounting, bookkeeping, tax, consulting, and payroll provides tangible benefits, especially for small business owners:
During this time of the year, it's not uncommon for small business owners to question if their annual accounting service to get through tax prep and filing is enough to grow their business year-round.
If you haven't already made the jump to monthly accounting for your small business, do you ever wonder what services are actually provided?