CPA Blog
What is Bank Reconciliation?
April 28, 2017
Every business has a record of transactions involving its checking account and the bank has a similar record. At the end of each month, your bank sends you their record in the form of a bank statement. A bank reconciliation is when you take the time to ensure the amounts you have on your books […]
Why a Big Tax Refund Costs you Money
March 29, 2017
While receiving a big tax refund at the end of the year is a great present, did you know it actually costs you money? It’s true! Here is why a big tax refund costs you money. Tax Exemptions When you structure how your taxes are taken out of your paycheck, you add up what are […]
Why Tax Day was Shifted to April 18th
March 22, 2017
Did you know that Tax Day in 2017 is actually April 18th and not April 15th? In the final few days and weeks leading up the inevitable tax day, we are still awarded some comfort that we have just those few extra days to file our taxes! It’s all really great news, but do you […]
Quickbooks Changes for 2017 that Impact your Business
March 15, 2017
Quickbooks 2017 was released in late 2016 and we’re still fielding questions from clients as to whether or not they should upgrade to the newest version. There are plenty of updates included in the newest version of Quickbooks which will help your business; it all depends on what your business needs are. Here are the […]
We’ve Opened an Office in Florida!
March 8, 2017
Relate CPA is proud to announce we have recently opened up an office in Mt. Dora, Florida. We will be providing the same level of care and service as always, only now we’re servicing two separate locations! Our office provides accounting, CPA, and QuickBooks support to businesses and individuals throughout Lake County, Orange County, and […]
Why you Should Outsource your Bookkeeping
March 1, 2017
Bookkeeping is one aspect of running a business which really doesn’t need to be handled internally. In fact, there’s a good argument for why you should outsource your bookkeeping services. Regardless of whether your business is a small shop or a large sized business, here’s why you should consider outsourcing your bookkeeping to an experienced […]
Can I Separate my Personal and Business Taxes?
February 22, 2017
Filing taxes when you are an employee of someone else can be complicated. When you own your own business it gets exponentially more complicated. One question we commonly get involving business taxes is whether or not you can file your business and personal taxes separately. The answer, as always with tax law, is it depends. […]
3 Mistakes That Can Lead to an Audit
February 15, 2017
While many tax filers fear owing the IRS money, there is one thing they fear more: a tax audit. Being audited by the IRS is very stressful and something we all want to avoid. There are many honest mistakes that can lead to an audit, so knowing what to avoid is a good first step. […]
Small Business Tax Prep Checklist
February 8, 2017
In preparation for filing your small business taxes, take some time and run through this small business tax prep checklist. It will not only ensure you won’t miss anything when filing your taxes, it will make it easier on your tax accountant leading to a faster tax return and less back-and-forth for you. Here is […]
What to Do When your Employer Hasn’t Sent your W-2
February 2, 2017
One of the most important documents to have when preparing your personal taxes is your W-2 or another, similar form. Typically, you can expect to receive these document before the end of January. If you don’t see your W-2 by the end of January, it can be cause for concern. If you’re wondering what to […]
