Bookkeeping & Accounting

Whittier Emergency 911 Urgent accounting help

September 6, 2021 | Mike Habib, EA

This article is for business owners who need emergency bookkeeping, accounting services to catch up on back years and unprepared books. Many Whittier, Los Angeles, Orange County, and other businesses find themselves at a critical time financially due to Covid-19. The only true way to survive is to realize that you need professional CPA, EA help, finding the right help is the key. When it comes to your business finances no one knows better than an accountant what you are going through. This is why your first call should be to an accounting professional before you talk to your banker. We are uniquely qualified to offer 911 emergency Urgent accounting and bookkeeping help.

Get a free evaluation or second opinion by calling us at 1-877-788-2937.

How to Keep My New Corporation Out of Trouble?

June 14, 2021 | Mike Habib, EA

Running a corporation is not easy. There are many challenges that you will face, some of which you may not even expect until they happen. And while no one is perfect, you can minimize potential problems if you do the basics. This means surrounding yourself with the best personnel, including the right Los Angeles CPA or EA tax firm that can do so much for your needs.

What follows are some basic principles that will help keep your corporation out of trouble. While even the best practices cannot guarantee that your corporation will not face an emergency or unexpected situation, you can minimize the issues that it faces when you focus on the basics such as the following.

Know Your Current Financial Status – How to Keep My New Corporation Out of Trouble?

Having up to date financial records of all income transactions and expenses is a must for making good business decisions. Knowing where you stand financially provides a clear picture of how your corporation is fairing in the world. This means that you can make solid decisions based on facts and not assumptions.

Too many corporations have suffered because of making business decisions not based on their actual financial status.

Backed up Bookkeeping – 5 Tips on Managing Your Accounting

November 2, 2020 | Mike Habib, EA

As any business owner will tell you, there are simply not enough hours in the day, and life as a business owner can be described as ‘busy’ at best.

If you’re running your own business, in Los Angeles, or Orange County, regardless of how large or small your company is, you simply must ensure that you have your books and accounts in order. The IRS doesn’t care about how busy you are, they don’t care about years of backed up bookkeeping, financial worries, or anything else, they simply care about you filing your accurate business tax return annually and paying what you owe.

If you’re busy running a business and, you know, actually trying to have a personal life in the process, you’ll dread tax season as there is mountains of paperwork to sort though, hours upon hours of work involved, and then, for all of your troubles, you get to hand over a large portion of your profits to the IRS. Hooray.

It’s far from ideal, but it’s the way the world turns and if you’re struggling to get your books, records and accounts in order, this article is for you.

Get a free evaluation today 1-877-788-2937.