April 1, 2021
Most professions have their own lingo, and accounting is no different. What is different is that you have a vested interest in understanding what your accountant tells you about your financial situation. So, here’s a quick primer on common accounting terms—some business-related, some general—to keep you in the know:
While these definitions aren’t detailed, they should be enough to let you chat knowledgeably with your accountant—especially if you’re a small business owner. If you’d like to know more, a quick Google search of “accounting glossary” will give you a number of detailed sites to peruse. Here’s to being an informed client!
The recent popularity of M. Night Shyamalan “Old” offers a fascinating yet unsurprising truth—we fear aging. This fear could be why so few of us consider saving for retirement until it’s too late. When seniors reach retirement age, many discover they haven’t saved enough to live comfortably in their golden years.
Do you have back taxes that have been lingering at the forefront of your mind for years? If that’s true, there’s no better time to manage them than now. Don’t let another year pass you by without taking responsibility for your tax circumstances. Fortunately, there are plenty of hassle-free options available for those who need to file back taxes.
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Scheduling “me time” used to be a luxury for those who could afford it—now it’s a necessity for everyone.