The late John Wooden once said, “It’s the little details that are vital. Little things make big things happen”. While a college basketball coach (who happens to rank first in NCAA Division I Men’s Final Four appearances) may seem irrelevant to filing taxes, the truth is that paying meticulous attention….
Contrary to popular belief, the Internal Revenue Service (IRS) seldom audits taxpayers. In fact, only about 1 percent of all tax returns processed are subject to an IRS audit. However, it is interesting to note that historically wealthier individuals and the most successful of businesses are more likely to get….
Mark Twain once said, “I shall never use profanity except in discussing house rent and taxes.” Expletives aside, paying taxes is stressful to everybody, no matter what specific financial situation one might find themselves in. Almost always met with frustration, stress, and scrambling, tax filing season is something that everyone….
Contrary to popular belief, the commonly repeated “fact” that half of all marriages in the United States end in divorce is only loosely true. In fact, divorce rates have actually slowed over the last couple of decades, giving reassuring hope to many who are down on the concept of marriage…..
Florida residents who were victims of Hurricane Irma will now have an extended tax deadline. This week, the Internal Revenue Service (IRS) announced that people in parts of Florida and elsewhere who have suffered during Hurricane Irma will now have until January 31, 2018 to file certain business and individual….
Waste Management, Inc. is a comprehensive waste company that was founded in 1894 in North America by Larry Beck. The company went public in 1971 and by 1972, the company was generating about $82 million in revenue and had made 133 acquisitions. The company offered environmental services to almost 20….
Technology has a way to infiltrating almost everything in today’s modern world. While sometimes frustrating, the truth is that companies who fail maintain a finger on the pulse of technology trends end up losing out in the long-run. The accounting industry, while always remaining true to its roots, inevitably falls….
When beginning a small business, it is very important to think about the different options you have when it comes to choosing the structure of your business. Each of the business entities will provide different legal and tax implications, and it is up to you to choose the structure that….
The accounting industry as a whole must continually evolve and progress in order to keep up with the changing demands and needs of the individuals and businesses in which they serve. Relatively speaking, forensic accounting is a fairly new profession. As society, the economy, technology, and relevant legislation shifts, forensic….
Choosing the right accounting firm can make or break an organization. For small businesses, using accounting software like QuickBooks or Quicken may seem like the logical solution. However, as public and private companies expand, the need for the right accountant or accounting firm becomes indispensable. While every company’s needs are….