With merely a few weeks remaining in 2020, the challenge of maximizing your tax position is becoming more challenging by the day and certainly more challenging than in years past.
Small businesses are created by entrepreneurs who have the vision to build something great. And although most of them have an amazing financial aptitude, their first task is to start-up and grow their company.
Picture this – It’s April 16th, and you’ve just finished another exhaustive process with your CPA filing your business and personal taxes. While there’s an immediate sigh of relief to have another year behind you, the harsh reality is that you’re already nearly halfway through the next year from an accounting and bookkeeping perspective.
We have written articles in the past about how bookkeeping in Charleston, SC is nothing short of balancing a checkbook, which doesn’t give small businesses enough information necessary to take their company to the next level.
I’ve always been fascinated by the tech evolution back in the 80’s with Apple vs. IBM, and ultimately, Apple vs. Microsoft. Obviously, none of us saw the COVID-19 pandemic coming, which leads me to one of the key themes that we, at Current Accounting…