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Hire Your Kid, Save on Taxes

Hiring your child to work as a legitimate employee is a great tax strategy, which got even better with the Tax Cuts and Jobs Act. Starting in 2018, the standard deduction nearly doubled, from $6,350 to $12,000, meaning under the new law, your child can shelter almost twice the wage income without paying income taxes. …

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Financial Statement Preparation in Glendale

Organized Financial Statement Preparation in Glendale

For many small businesses today, financial statements are an essential part of what you must provide each year. Your banks, lenders, creditors, and financial institutions may require that you give these statements annually. So that they can see how you are performing. And if they want to keep assisting you in securing financing for what…

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Virtual Accounting in Glendale

Virtual Accounting in Glendale Matters to Your Practice

The accounting of any business really can be the engine that keeps any successful, thriving company moving forward. If your finances aren’t handled efficiently, effectively, and promptly, there would be no company to speak about. You would not have the cash flow to pay for new equipment, new staff, upgrades to your facility, insurance, or…

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