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Archive for January, 2018


Why Savings Accounts Are Important

Written by admin. Posted in Business banking west palm beach, Commercial real estate loans


Anyone involved in banking knows that there are a variety of accounts you can set up depending on your needs. From buying a home to getting ready for college, it isn’t hard to set up the right bank account based on your needs. But should a savings account be established? Yes, and here is why.

Savings Are Important for a Rainy Day

No one wants to imagine problems or something going wrong when you least expect it. Having said that, incidents can occur where you need to be ready for whatever life tosses. From losing a job to having medical problems, getting a savings account set up at a community bank is important. Know that setting up a savings account is just the beginning and it takes awhile to build up the type of reserves most folks need to survive. Regardless, it’s time well spent.


A Brief Overview of Business Tax Audits

Written by admin. Posted in Accounting, Cpa firm, Cpa firm in northern va

Tax preparation

An integral aspect of operating a business is maintaining detailed financial records. While this information is needed in order to make important decisions that directly impact the business, it is also necessary when filing taxes. It’s important to note that even when businesses pay their taxes on time and for the correct amount, they may still be audited by the Internal Revenue Service (IRS).

The Three Types of Business Tax Audits

There are different types of business tax audits that are conducted by the IRS. These include correspondence audits, office audits, and field audits. A correspondence audit is conducted by mail. For an office audit, business owners actually go into the IRS’s office. When th