Effective financial management is essential for the success and stability of any business. One crucial aspect of this management is bookkeeping. Furrh And Associates, a team of experienced Certified Public Accountants with over 20 years of service, understands the significance of accurate bookkeeping. In this blog, we will explore how professional bookkeeping services can aid in managing cash flow and budgeting, enabling you to steer your business in the right financial direction.   1. The Foundation of Financial Clarity Bookkeeping services provide the foundation for understanding ..read more

  Running a successful business involves more than just offering great products or services. It requires careful financial management, and that's where accounting plays a crucial role. Furrh And Associates, a team of experienced Certified Public Accountants with over 20 years of service, can help you navigate the intricacies of accounting. In this blog, we will explore the four key ways accounting can elevate your business and set it on a path to success.   1. Financial Clarity Accounting provides a clear view of your financial health, which is essential for informed decision-ma ..read more

  Running a small business is no small feat. As a small business owner, you have to juggle multiple responsibilities, from managing your team and serving customers to keeping your finances in check. Amid this whirlwind of activities, one essential practice that often gets overlooked is conducting regular audits. Auditing may sound like a daunting task, but it can be a game-changer for small company owners, helping to streamline operations, ensure financial accuracy, and ultimately add value to your business. In this blog, we will delve into the world of audits and explore how they can ben ..read more

The Internal Revenue Service and the Security Summit partners have issued warnings to all taxpayers and tax professionals to beware of scams and identity theft schemes by criminals taking advantage of the combination of holiday shopping, the approaching tax season and coronavirus concerns. Read More Original Article Source Credits:   CPA Practice Advisor , https://www.cpapracticeadvisor.com/ Article Written By:  NA Original Article Posted on:  Dec 1st, 2020 Link to Original Article:  https://www.cpapracticeadvisor.com/tax-compliance/news/21164618/irs-war ..read more

More talks for another stimulus check to be sent to millions of Americans could start soon. However, when you could receive it will depend on what happens in Washington between now and Jan. 20. Read More Original Article Source Credits:   CNET , https://www.cnet.com/ Article Written By:  Clifford Colby, Julie Snyder, Erin Carson, Alison DeNisco Rayome Original Article Posted on:  Nov. 10, 2020  Link to Original Article:  https://www.cnet.com/personal-finance/second-stimulus-check-the-soonest-the-irs-could-send-it-before-the-end-of-2020 ..read more

The Furrh And Associates team wishes you the happiest of holidays this season. May the New Year be filled with joy, health, and prosperity! We would like to inform our clients that on Friday, December 17, 2021, we will close at 12:00 PM for our office Christmas party. We will also be closed on Friday, December 24, 2021. If you need any assistance from us during this time, feel free to get in touch with us by clicking here ..read more

As an expert in taxes, accounting and small business finance, there are three common mistakes that I see small business owners make. I’ve compiled the top three questions I receive on a weekly basis into a list that could help save you and your business from headaches and mistakes. Read More Original Article Source Credits:   Forbes, https://www.forbes.com/ Article Written By:  Karla Dennis Original Article Posted on:  Jul 2, 2021 Link to Original Article:  https://www.forbes.com/sites/forbesfinancecouncil/2021/07/02/three-tax-blunders-business-owners-make-and-how ..read more

Navigating the complex world of taxes can be overwhelming for businesses of all sizes. Proper tax planning and compliance are essential for financial success and avoiding unnecessary tax liabilities. As Certified Public Accountants, we understand the intricacies of tax regulations and are here to help your business stay on the right track. In this blog, we will delve into the ways in which our accounting services can assist businesses in tax planning and compliance.   1. Strategic Tax Planning Our expert CPAs can create tailored tax planning strategies to minimize your tax burden while ma ..read more

As a business owner, one of your primary concerns is managing your company's finances efficiently. Cash flow management is a crucial aspect that can make or break a business, impacting its growth and sustainability. As Certified Public Accountants, we understand the challenges you face, and we are here to provide valuable insights and tips on optimizing your financial health. In this blog, we will delve into key strategies to help you manage cash flow effectively.   1. Understanding the Cash Flow Cycle To better manage cash flow, it's essential to have a clear understanding of your busine ..read more

Surprises can be fun, but not when there’s an unexpected tax bill involved. The IRS created tax brackets so people can estimate how much they’ll need to pay in taxes each year. Generally, as your income increases, the amount you pay in taxes will also rise. Here are the tax brackets for tax years 2020 and 2021, and how you can calculate what bracket you’ll fall into. Read More Original Article Source Credits:   Forbes , https://www.forbes.com/ Article Written By:  Ellen Chang,  Kemberley Washington Original Article Posted on:  May 14, 2021 Link to Original Ar ..read more