I have officially completed one year as a full time staff accountant at BHT&D CPAs. During this year, I have been able to develop the skills originally cultivated during my internship and have taken on more areas of public accounting.
0 Comments Click here to read/write comments
Tags: CPA Exam, Individual Tax Return, Small Business Accounting, QuickBooks, Tax Return, Farm Taxes, Auditing
We are often asked whether it is better to lease or purchase business equipment.
0 Comments Click here to read/write comments
Tags: Small Business Accounting, Depreciation Deduction, Lease or Purchase Equipment
Do you understand the Michigan Corporate Income Tax apportionment? If your business has sales in states outside of Michigan and are not taking advantage of it, you might be paying more taxes than you need to.
0 Comments Click here to read/write comments
Tags: Michigan Corporate Income Tax, Small Business Accounting, Minimize Taxes
There were many tax provisions that expired as of December 31, 2013. Is Congress taking any action to extend these provisions?
0 Comments Click here to read/write comments
The Merriam-Webster Dictionary defines an audit as a complete and careful examination of the financial records of a business or person. US tax payers and tax preparers commonly define it as a headache.
0 Comments Click here to read/write comments
Tags: Small Business Accounting, Tax Return, IRS Tax Return Audit
QuickBooks is the accounting software that many of our small business clients use. While QuickBooks is a really good accounting software program, many small businesses could be benefiting from it at a higher level than they currently are. As is true with any software, QuickBooks will only benefit you and your business at the level to which you use it.
0 Comments Click here to read/write comments
Effective January 1, 2014, employers with more than 5 employees will be required to submit their quarterly reports on MiWAM (Michigan Web Account Manager) and by January 1, 2015, all employers will be required to submit their quarterly reports on MiWAM. If an employer is required to submit their quarterly reports on-line, but continues to file a paper return, the employer will receive a letter from the agency notifying them that their return was not processed. The employer will then have 15 days from the mail date to file the return electronically, or late penalties may apply.
0 Comments Click here to read/write comments
Tags: Unemployment Employer Reporting Update, Small Business Accounting
Does the accounting department in your business handle all the transactions, including payment of bills? Do you ever ask yourself, "How can I be confident that accounting improprieties are not occurring in my business? How do I monitor my accounting staff? How do I know if I'm being taken advantage of?" If so, this article will answer those questions.
0 Comments Click here to read/write comments
