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Financial stability is a dream goal for many. While it may not necessarily translate to being rich, it means you can comfortably handle your bills, pay your debts and have savings for emergencies and future endeavors. To achieve financial stability and live the lifestyle you desire, you have to cultivate healthy financial habits and put in intentional efforts towards your financial goals. Whether...

Do you know how much the operations in your business are costing you? Are you sure that it’s actually making money for you? In order to answer these questions and more, your business needs a CPA. From sales and purchases to expenses and taxes, running a business can be an incredibly complex task. A certified public accountant (CPA) specializes in accounting, which is the practice of keeping track...

A 1099 form is an informational return that is used to report certain types of payments made by businesses to contractors and other unincorporated service providers. It is an informational return in the sense that third parties such as businesses and institutions use it to notify government agencies and taxpayers of the tax payable. The form is also used to report certain types of payments made...

Payroll processing is an essential part of any business. In this article, we will discuss what payroll processing is, steps it entails, and tips for effective payroll processing for your Dallas business. What is Payroll Processing? Payroll processing is the entire process of how a business compensates employees. It includes determining payroll scheduling, calculating employee wages, withholding...

Quick Answer: The best construction accounting firms specialize in industry-specific challenges like job-costing, project-based revenue tracking, and construction tax strategies. Look for firms with proven experience in Work-In-Progress reporting, multi-state compliance, and proactive tax planning that can scale with your business growth. How do you choose the best construction accounting firm?...

When you’re on a tight budget, an unforeseen emergency or even a small, unexpected bill can create a major issue. With everything from housing and utilities to gas and groceries costing more than it used to, finding financial stability can sometimes feel like an uphill battle. Taking the time to learn how to be financially stable with low income will allow you to take immediate steps to improve...

If you’re operating a business in the United States, you know that paying taxes is something you can’t avoid. However, for businesses that are structured as C-corporations, an issue known as double taxation can make you feel like you’re paying more than your fair share. The following guide takes a look at how double taxation works and the impact it can have on business owners. We’ll also discuss...

Most business owners can benefit from working with a professional accountant, but if you’re in the construction industry, it’s even more important to make sure you’re getting great advice. Due to the nature of the business, construction accounting requires a unique approach. And since the rules are ever-changing, you need an expert who is well-versed in current best practices. When searching for...

If you’re operating a business in the United States, you know that paying taxes is something you can’t avoid. However, for businesses that are structured as C-corporations, an issue known as double taxation can make you feel like you’re paying more than your fair share. The following guide takes a look at how double taxation works and the impact it can have on business owners. We’ll also discuss...

Running a business can be a tall order, especially if you wear many hats while simultaneously trying to expand and hit new milestones. And while most business owners will say they want to minimize costs as much as possible, this shouldn’t come at the expense of convenience and efficiency. Working with a CPA firm is often the best decision if you are a small business owner who needs to handle...