Archive for the Accounting and Taxes Category

QuickBooks Online vs. Desktop – Choosing What’s Right for Your Business

When it came to purchasing QuickBooks, life was a bit simpler a decade ago. You bought the accounting software online or at your friendly Jacksonville computer store. Opened a box, inserted a CD and loaded the program on your computer. Now you were in business tracking payments,

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Check Out the Helpful and FREE Online Tools on IRS.gov

  It’s tax season! And I’m sure you’ve been bombarded with offers for online tools that can simplify the tax paying (and refunding) process. Now, these tax tools might be very useful—and worth the monetary lessening of your wallet. However, you have already paid for some very

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What is Foreign Bank and Financial Accounts Report (FBAR) and Should You File One?

  While many St. Augustine, First Coast Small Businesses and individuals focus on the local market, their money might be a bit more global. An offshore or foreign financial account can be handy for an individual or business, including: International and currency diversification Ability to transact quickly

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Stay Organized Next Year with Our 2017 Calendar and Tax Deadline Guide

The new year brings several changes to filing deadlines for businesses and individuals. To help you keep track, we’ve put together this handy calendar listing important deadlines and information for 2017.   Tap here [LINK TO PDF] to download a printable version of our calendar.

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It’s Time to Tackle End-of-the-Year Business Accounting

While strolling through the historic district and taking in the magical St. Augustine’s Nights of Lights, our thoughts were on the festivities of the season. Gatherings of friends and family, eggnog, gift exchanges, holiday parties…and cleaning up the business’s financial books before the end of the year.

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Need an Efficiency Boost or Waste Reduced? Cash Accounting Can Help.

Let’s say you just created a brand new, brilliant idea/product for your business to sell. Congratulations! And as you proudly look at this new shiny product that you’re sure is going to fly off the shelf into consumer hands—a thought crosses your mind. “How much should I

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It Pays to Shop Around for Business Services

It Could Pay to Shop Around for Business Services Complacency could be robbing you of profits. When it comes to purchasing business services like insurance, IT or pest control, most business owners are like most consumers—creatures of habit. Once an owner finds a company to service their

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6 Common Accounting Mistakes Businesses Make and How to Prevent them

                          Stacks of financial documents sitting on your desk can be an intimidating sight. Of course it’s intimidating. Not only is it a time-consuming task to sift through the income, expenses and taxes, but a

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Cash vs. Accrual Accounting

Accounting is a vital part to any business, no matter how big or small it is. When deciding what type of accounting to use, you must see what works best for you and your company. Accrual base accounting and cash base accounting are two very different types

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Accounting for Sustainability

Malcolm X once said “The future belongs to those who prepare for it today.” We must plan and prepare for the future that we want, not only for ourselves but for future generations that will follow in our footsteps. Businesses are a major part of what makes

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St. Augustine, Florida 32084
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