The Sansone Difference Blog
Five Tax Deductions Small Businesses Overlook
Written on February 15, 2012 at 6:18 pm, by
Five Tax Deductions Small Businesses Overlook If you’re like most small businesses, you look for ways to turn any expense into a tax break, but if you don’t know what to look for you could be leaving a lot of money on the table. When it comes time to scour your records one lastContinue Reading
CPAs in high demand; Starting salaries to increase 3.5 %
Written on February 6, 2012 at 11:06 pm, by
CPAs in high demand; Starting salaries to increase 3.5 % Now is a good time to hire a CPA to handle your business accounts or to consider a career in accounting and finance. Average starting salaries for accountants and finance professionals are expected to advance 3.5% this year, according to forecasters. The certifiedContinue Reading
QuickBooks 101
Written on January 19, 2012 at 8:02 pm, by
QuickBooks 101 If you are a small business owner you are probably familiar with QuickBooks. But for those of you who are thinking of starting a small business and would like to know more about the benefits of using this software, here is a brief overview of the product. QuickBooks is a businessContinue Reading
Top ten tax questions
Written on January 11, 2012 at 4:40 pm, by
Top ten tax questions If you are like most people, you probably have a lot of questions about how to maximize your tax refund and how to qualify for certain tax credits. To shed some light on this topic, here is a list of the top ten most common tax questions: 1. WhatContinue Reading
CPA VS. Turbo Tax
Written on January 10, 2012 at 11:48 pm, by
As tax time approaches many people often wonder if they should use a Certified Public Accountant (CPA) or an online tax preparation service such as TurboTax®.
The Balance Sheet
Written on January 25, 2011 at 3:27 am, by
The balance sheet shows the position that the business is in at the end of the relevant time period. It portrays the position of the business in terms of its assets, its liabilities, and the amount of equity belonging to the shareholders. The reason it is called the balance sheet is because total assets mustContinue Reading
The Income Statement
Written on January 25, 2011 at 3:23 am, by
The income statement shows the sales that have been made over the period (month, quarter or year under consideration) and the related costs that were incurred over the same time period. For external reporting this is usually for a year but internally most businesses will prepare their income statement on a weekly or a monthlyContinue Reading
