Remove CPA Remove Finance Remove Security
article thumbnail

The Financial Services of a Dallas CPA Firm

The Startup Magazine

Becoming a Certified Public Accountant (CPA) elevates a person’s standing among business contacts and peers in the accounting industry and clients and regulatory authorities. A CPA must have completed a certain amount of required coursework, pass a challenging exam consisting of four parts, and agree to abide by a code of ethics.

CPA 114
article thumbnail

3 Simple Tips From A CPA For Managing Your Online Business’ Finances

YoungUpstarts

How to Properly Manage Your Online Business Finances Right from the Start. If you wish to properly manage your online business finances, here are tips from experienced CPAs with ecommerce firms as clients: 1. In the case of online businesses, the tendency to go off the books and to mix personal and business accounts are high.

Finance 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Remote Tax Prep vs. Traditional Tax Services: Which One is Right for You?

The Startup Magazine

Traditional Tax Services Traditional tax services often involve hiring a Certified Public Accountant (CPA) or tax professional. CPAs offer personalized help based on your specific financial picture. This includes advice on retirement plans like Individual Retirement Accounts (IRAs) and dealing with investments and securities.

CPA 133
article thumbnail

No credit? Big problem. Here are 7 steps to build your startup’s business credit

The Next Web

And self-financing puts the emphasis on business credit. In order to receive a business loan or investment, you need to separate the business from your personal finances and this means setting up a legal business entity such as a corporation (C Corporation or S Corporation) or LLC. Get a Tax ID Number (EIN).

CPA 126
article thumbnail

Exploring Tax Strategies For Small Businesses: Insights Inspired By Troy Renkemeyer’s Experiences

The Startup Magazine

This forward-looking approach identifies investment opportunities, retirement savings plans, and potential tax credits, contributing to a more secure financial future for the business and its owners. Engaging in tax planning is not just about adhering to legal obligations; it’s a strategic component of your broader business aspirations.

article thumbnail

Don’t Mix Business And Personal: Tax-Time Tips For Small Business Owners

YoungUpstarts

Find a business bank or alternative account that allows you to easily download your transaction history so you can effortlessly send it to a licensed CPA or upload it into a tax preparation software. Seek professional guidance, if needed. Every minute and dollar matters for your business, and tax time can sometimes be a burden on both.

article thumbnail

Entrepreneurship for Superwomen

Up and Running

I did my research, prepared my business plan, and sent it to several financial companies for financing. Have a bookkeeper and a CPA. Use an accounting software application so that you can provide your CPA with your financials as often as needed. This will beef up your social security retirement fund. Pay yourself.

Florida 102