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Accounting Tips

Compilation, Audit, Review: How are they different?

What is the difference between a review, audit, and a compilation? Learn everything you need to know about what they are, when and why you would need one, and what kind of assurance they provide. Read more

Carol Nachbaur
Accounting Tips

401k Audits: Requirements, Due Dates, Preparation and More

When is your company required to complete a 401k audit? Learn when your plan becomes eligible for this important audit, timeline & due dates, how to properly prepare and more. Read more

Carol Nachbaur
Accounting Tips

The 10 Best Questions to Ask an Accountant

Knowing the right questions to ask your accountant will put you at an advantage, you will be more efficient, prepared, and on track to meet your financial goals. It doesn't matter if you've worked with your accountant for years or this is your first meeting, make sure you know what questions to ask. Read more

Carol Nachbaur
Accounting Tips

Do You Need a Forensic Accountant for Your Divorce?

It can be stressful to go through a divorce, especially when there are complicated financial issues to settle. A forensic accountant can reveal important information that can assist the divorce process. Learn when and why you need a forensic accountant during a divorce in this guide. Read more

Carol Nachbaur
Accounting Tips

Restaurant Taxes - Everything You Need to Know

Like any other business, restaurants get taxed on multiple fronts. In order to operate a successful restaurant, you need to know which taxes you must pay, when you must pay them, and how you must file them. Learn everything you need to know about taxes as a restaurant owner in this ultimate guide. Read more

Carol Nachbaur
Accounting Tips

How much does a non profit audit cost?

How much does an audit cost for a nonprofit? In the event that your nonprofit organization has decided to undergo an independent audit, a number of factors will determine the audit's cost. By understanding these factors, you can negotiate audit fees and plan for their costs. Read more

Carol Nachbaur
Accounting Tips

CPA vs Accountant - What’s the difference?

Many small businesses can manage their financial operations effectively with an accountant. However, a CPA can be a valuable resource for other aspects of your business. Learn the difference between CPAs and Accountants, and which is the best choice for your business in our easy guide. Read more

Carol Nachbaur
Accounting Tips

The 5 Best Accounting Software for Small Businesses

Accounting software is a cheap and effective way for small businesses to manage business financial transactions. The wages of a professional accountant may be hard to bear due to the income of a small business, hence an accounting software will suffice as an alternative. Learn the best software options for your business in our guide. Read more

Carol Nachbaur
Accounting Tips

Why is Accounting Called the Language of Business?

Just as language expresses the mind by organizing words neatly and clearly, accounting does the same by accurately and beautifully recording all transactions in the book of accounts. Learn all about why accounting is called the language of business. Read more

Carol Nachbaur

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