In the world of business finance, accuracy is paramount. A small oversight can lead to significant issues, especially when it comes to tax filing. Today, we’re sharing a recent client experience that highlights a crucial yet often overlooked practice: locking your books after the year-end. The Challenge: Mismatched Beginning Balances Recently, a new client came...
Imagine the scenario: It’s December, and one of our clients, Megan, with the help of their devoted account manager, has a crystal-clear overview of their financial standing for 2023. This clarity allowed them to make informed decisions on expenditures, bonuses, and distributions ahead of the holiday season, ensuring a stress-free entry into the new year....
Close Out November & Gear Up For Smart Tax Strategies 📅💼 Hello December! With November in the rearview, now’s the prime time to finalize your books for the month and pencil in a date with your CPA. Knowing your tax standing can help you plan better and ensure you’re not caught off guard. Sharing Is...