cryptocurrency is a form of digital currency or payment that can be exchanged for products and services. Low fees, online safety, easy access, and the potential for profit are a few reasons why cryptocurrency has become so relevant, especially in recent years. You could even say that cryptocurrencies are considered the future of money by many individuals.
As we turn the corner on a new year, it is important to be aware of important tax deadlines and dates for filing your 2020 tax returns, so that you can be prepared and avoid headaches and penalties. In 2020, the IRS extended tax deadlines in response to COVID-19. Generally, deadlines for annual returns are in the spring with extensions available until the fall. Although dates are always subject to change, no such provisions have been enacted to date for this year.
The expertise and guidance that a CPA offers can help businesses limit both present and future tax liabilities, which has a direct effect on its bottom line. At Brock CPA, we have helped businesses in Jacksonville, Florida, and other parts of the state accomplish this exact goal.
Business owners today have access to a great deal of financial information, and the sheer volume of information creates challenges.
Not only does sorting through the data take time, but business owners also need to know where to find relevant information and how to use the information when evaluating options.
Many business owners struggle with both of these, as they often aren’t financial professionals and they always have too much to do. At Brock CPA, we offer business advisory services that provide assistance in these specific areas.
Accounting practices encompass much more than merely filing taxes at year’s end and making quarterly estimated payments. How you structure your business’ accounting has a direct impact on profits, operational efficiencies and more.
Here Are Five Must-Know Accounting Tips to Help Your Business Achieve Its Maximum Potential.
In this crazy time we are thinking of you all and wish good health for you, your families and colleagues. Our firm is taking the recommendations of health officials seriously and we are working remotely.
Stockholders, private investors and creditors all want financial assurances, which are provided via statements. Depending on what your business’ investors and creditors are asking for, we at Brock CPA offer a couple of document preparation services that can appease outside parties.
The transition from one year to the next always brings a flurry of financial activity for both individuals and businesses. While the exact items that individuals and businesses must take care of are different, the steps on how they should navigate this time of transition is largely the same. No matter what your position is, here’s how to prepare financially for the beginning of next year.