When you wake up in the morning, you may not realize financial concepts are already at play. If you wake up late, you may have to decide to skip the coffee line and head straight to your client meeting. Skipping the line for a quick pick-me-up drink to speak with your important client is an […]
Introduction Accounting is like a doctor’s check-up for your business – it records, classifies, analyzes, and interprets your financial transactions and data to give you a clear picture of your financial health. Without accounting, your business could be running blind, making uninformed decisions about investments, growth strategies, and financial resources. So, it’s safe to say […]
JTC CPAs, a leading accounting firm based in Idaho, is thrilled to announce their recent award-winning recognition as the 2023 best accountant in both Treasure Valley and statewide in Idaho. Winning the 2023 Best CPA for Treasure Valley and Best Statewide Accountant in Idaho awards is a great achievement for JTC CPAs, and it reflects […]
Published April 24, 2023 Introduction Folks, it’s no secret that taxes and accounting practices go hand in hand when it comes to running a successful business. Without a proper understanding of how taxation can impact accounting practices, you’re pretty much throwing your hard-earned money down the drain. The significance of comprehending the impact of taxation […]
The IRS Commissioner has announced three tax filing goals to usher in by 2024. These goals include improved communication, mitigating confusion, and moving closer towards an IRS-backed tax preparation service. Aided by a large increase in annual budget thanks to the Inflation Reduction Act, the IRS is hoping these boosts in budget will help them […]
Introduction Bookkeeping is essential for any business. It helps to track the financial health of the organization, and allows for accurate accounting of income, expenses, and taxes. However, the traditional bookkeeping process can be time consuming and tedious. This is why many businesses are now looking for ways to automate their bookkeeping through bookkeeping automation. […]