Why Your Financial Advisor and Accountant Need to Work Together

Successful people live complicated financial lives.  Often, they must employ multiple professionals on their financial team. Too often, however, they don’t realize the importance of coordinating the advice they receive from their CPA and financial planner. Because of this, these financial professionals often fail to work together, which can lead to unfortunate tax ramifications. Receiving [...]

By |2019-05-01T13:26:07+00:00March 19th, 2019|Financial, Taxes|0 Comments

The Advantages of Outsourcing Your Small Business’s CFO

More small businesses than ever are choosing to outsource positions within their company that were traditionally performed in-house. However, a position that often gets overlooked when outsourcing is that of the chief financial officer. Outsourcing your company’s CFO can provide several unique benefits to your business. Here are just a few of these benefits [...]

By |2017-09-15T14:41:11+00:00September 15th, 2017|Financial|0 Comments

Bookkeeping Tips & Tricks

Small business owners need to wear a lot of hats, but one of the most important things owners can do is keep their finances in order. Bookkeeping is a necessary task for all businesses, though it may seem tedious. Here are some tips to keep your finances straight. Use software that fits your needs. It can [...]

By |2017-09-15T14:47:01+00:00September 12th, 2017|Financial|0 Comments

QuickBooks 101

What is QuickBooks? QuickBooks is a user-friendly accounting software that aids business owners with their accounting needs. It has formulas and reports built in to accommodate everyone, even those who are not familiar with accounting. Many small businesses feel that they can manage their accounting in spreadsheets; and while this may be adequate, it can [...]

By |2017-07-14T20:03:59+00:00July 14th, 2017|Financial|0 Comments

Roth IRA vs. Traditional IRA: Taxes

You’ve probably heard of these different account types, but perhaps you never nailed down the key differences. So first, let’s touch on the basics of these two IRA’s (Individual Retirement Accounts) and then we’ll get into the finer details and tax incentives.   Income Limits If you are under 70½ years of age, you can [...]

By |2017-07-14T16:32:16+00:00July 12th, 2017|Financial, Taxes|0 Comments

3 Reasons To Take Social Security Early

If you’re at the age where retirement is in sight, or if you’ve already retired, it is important to learn about your benefits and more importantly, when to file. The earliest age you can claim your social security is 62, and the latest age is 70. However, it’s important to note that when you file [...]

By |2017-06-20T14:53:42+00:00June 19th, 2017|Financial, Governments|0 Comments

Before You Hire a Company To Do Your Taxes

There are a variety of choices available for help with tax preparation and tax filing in Adel, Iowa and surrounding areas.  Certified Public Accountants (CPAs), such as JM Short CPA, and tax preparation chains such as H&R Block and Jackson Hewitt, are both readily available in these areas. It is important to know the difference between [...]

By |2018-08-07T16:52:24+00:00February 2nd, 2017|Financial, Taxes|0 Comments