Most people who have financial statements prepared for them don't realize that regular accounting for your business is different that accounting for taxes. One of the main differences is Section 179. Normally, when a business purchases a major item such as equipment, vehicles, furniture and fixtures…Read More
https://www.irs.gov/…Read More
Cash is everything when it comes to business, or anything in our society for that matter. Small businesses and corporations have the same purpose—to generate enough cash from business activities so it can meet expenses, repay investors, and achieve growth. The cash flow is a reflection of the heal…Read More
Bookkeepers and accountants—many people associate these two roles as being one in the same. While they share common goals, bookkeepers support businesses differently than accountants, and at different stages in your business’ financial cycle. Joseph Falco Accounting Services, Inc. is a te…Read More
Relying solely on free online tax services or inexpensive accounting tools is a small risk that many people don’t realize until it’s too late. If you’re a small business owner, the best thing you can do for yourself and your business is to invest in the services of a licensed accountant. Trust…Read More
As 2017 is winding down and coming to an end, that means tax season will be upon us before we know it. For many Americans and business owners alike, 2017 introduced financial obligations that will drastically affect how they file taxes. Although we live in a society that thrives on self-suffi…Read More
