May 24, 2019 | Posted by Amelia Grant
A patent gives the right to exclude the receipt of profits from your invention by third parties. The scope of this right is determined by the scope of the requirements indicated in the patent application: by demanding too little, you reduce the cost of your invention...
November 3, 2018 | Posted by Vinnie Fisher
There are several key principles that all accountants should always keep in mind. No matter what kind of business you may be bookkeeping for, your books should be consistent, easy to understand, easy to read, and objectively useful. These principles are...
July 31, 2018 | Posted by Gene de la Cruz
5 best free accounting software products for 2018 “Where do I get the best free accounting software?” That’s always the question I see in accounting software forums. You see, business owners worry much about the expenses related to bookkeeping. Although...
February 2, 2018 | Posted by Gary Kaplan
It is easier to become intimidated when meeting professionals including physicians, attorneys and CPA’s. People can become uncomfortable because a CPA sees all the details of their finances. It is imperative a professional establishes a good bedside manner, and...
December 3, 2017 | Posted by Gary Kaplan
Many of us have had the same experience with doctors and other health professionals. They are explaining an issue and suddenly the big Latin words start creeping in, leaving those of us not in the medical field baffled. It is easy for a professional to slip into the...
November 14, 2017 | Posted by Gary Kaplan
Every year we hear about a new technology or three that is the wave of the future. Months later, many of these have been forgotten only to be replaced by a new must-have gadget or program. However, there are also many technologies that have staying power. For...
October 7, 2017 | Posted by Gary Kaplan
Are you running a small or medium sized CPA firm? Consider using one of these four tips to increase your chances of success this year and beyond. The AICPA’s annual survey is back – with great news. Accountancy firms all over the United States are...
September 14, 2017 | Posted by Gary Kaplan
Most Americans are always out for a deal. We all know the rush of pride when you get something for far less than its value. Accountants tend to be better at stretching a dime than most other groups. For this reason, it is very tempting to offer discounts, coupons, and...
December 26, 2016 | Posted by Gary Kaplan
If you claim the depreciation of company vehicles as a tax write-off, beware. Tax laws regarding vehicle depreciation have changed drastically. Many business owners have dedicated company vehicles. This has historically been a good decision because it streamlines the...
December 26, 2016 | Posted by Raychel Marriott
If you are working with multiple credit cards that have one parent account, here is a setup option to make things much easier and cleaner for reconciliations. Steps: Open chart of accounts Create a parent credit card account Create a sub credit card account called...
