What's Your Number? An Accounting Blog

• Tax Preparation: Great Tips For Startups

  16 December 2022

  If you're currently managing a startup, one of the most important matters you could focus on is tax management. The more you care about this, the fewer mistakes you'll make early on with the way taxes are prepped and ultimately filed. Here are a few preparation tips you might consider when first getting started in a particular sector. Keep Track of Relevant Expenses For Deductions When you first get a business set up, you will spend money on business-related expenses.

• Should You Hire Experts In Payroll Services? See Why It's A Great Idea

  21 October 2022

  Payroll operations are critical in every business. Any company or business owner should invest in an enhanced payroll system. Some companies leave payroll operations to an in-house team or staff, but this isn't a good idea. You need to hire a professional to help you avoid problems. For this reason, investing in professional payroll services is vital because you better satisfy your company's dynamic needs. Handling payroll operations yourself might seem a cheaper alternative, but it could eventually be quite expensive.

• Keep an Eye on These 5 Common Real Estate Accounting Issues

  19 August 2022

  Enterprises with significant real estate interests often have major accounting requirements. This is especially true at brokerages, trusts, development firms, property management companies, and other entities that see major turnovers in cash or assets annually. Professionals in the real estate accounting services industry regularly tell their clients to keep an eye on these 5 issues. Closing The close process creates a multitude of real estate accounting concerns. Especially if there are any last-minute changes to a deal, this can get complex.

• How Can Outsourcing Bookkeeping Save Expenses And Boost Revenue?

  27 June 2022

  One of the most time-consuming and stressful jobs that small companies often have to do is accounting. Not only does bookkeeping take up valuable time that could be spent on other important tasks, but it can also be difficult to keep track of all the financial data and records. This is where outsourcing your bookkeeping can come in handy. You may better manage expenses and increase profitability by contracting with a professional accounting firm.

• Why Estate Trusts Are An Ideal Solution For Many People

  27 April 2022

  If you have decided that this is the time to start considering your final plans, it's important for you to be proactive about choosing the best possible way to manage your estate. For many people, that means establishing a solid trust to manage their assets. You might wonder if a trust is the best option for your situation, or if maybe a will is enough. The truth is that most estate planning attorneys will tell you that a trust is often the best choice.