by aldariscpa_admin | Dec 19, 2019 | Accounting Industry, Accounting News
Accounting standards are the DNA of every financial statement of every business in the US. Hence, just like DNA, a single change can affect the growth of the whole entity. For leasing standards, unfortunately, these changes are coming to light slower than expected....
by aldariscpa_admin | Dec 19, 2019 | Accounting Industry
Accounting has always been one of those careers with dismal retention rates. The stress attributed to the job often results in accountants and CPAs shifting around different career paths until they find the one that suits them best. Unfortunately, a pattern of...
by aldariscpa_admin | Dec 19, 2019 | Accounting Industry
Leaders in the accounting profession are adamant that accounting is both art and science. However, it is undeniable that accounting follows many rules and principles that machines can easily replicate. Hence, the obsolescence of accountants and CPAs is a growing...
by aldariscpa_admin | Dec 19, 2019 | Accounting Industry, Accounting News
Small businesses, in one way or another, experience some losses during their existence. One of the most common kinds of these losses is casualty loss. Casualty losses are a negative movement in the value of a company due to unexpected, unusual, and sudden events....
by aldariscpa_admin | Dec 19, 2019 | Auditing, Small Business
A business audit decides the reliability of your business records. It can affect how your investors perceive your company. For example, a negative audit review can tell your stockholders that they cannot trust you in handling your finances. Seattle Bookkeeper Other...
by aldariscpa_admin | Dec 19, 2019 | Accounting News
Rental real estate businesses may as well start singing holiday carols as Christmas has come early for their industry. IRS’s recent proclamation (Rev. Proc. 2019-38) has loosened tax regulations on rental real estate businesses with regards to Qualified Business...
by aldariscpa_admin | Dec 19, 2019 | Personal Finances
If life is a race, retirement would be the retirement of the final lap of our lives. You have to give all your best to make sure that your last lap would be your best one during the whole race. To prepare for your retirement, you have to start early, invest in the...
by aldariscpa_admin | Dec 19, 2019 | Accounting Industry, Auditing
Auditing and accounting are two of the most common terms in the finance world. Unfortunately, plenty of people still confuse these two services. In fact, even Hollywood isn’t safe from this confusion. For example, in the movie “The Accountant,” Chris Wolff, Ben...
by aldariscpa_admin | Dec 19, 2019 | Accounting Industry
For most business owners, the financial management of their businesses is the most challenging part of their job. It often requires in-depth technical knowledge to be done correctly. Most of the time, this knowledge can only be acquired through years of experience or...
by aldariscpa_admin | Dec 19, 2019 | Small Business, Tax Preparation
There is nothing more consistent in our lives than taxes, and this rule also applies to small businesses. As a small business owner, you need to know which taxes for small businesses apply to you. This knowledge will protect you against getting into trouble with the...
