by KLPCPA | Jan 30, 2015 | Uncategorized
Before you select a CPA, make sure you consider the following questions: Does the individual hold an active CPA license? Are your needs compatible with the CPA’s personality and communication style? Does the CPA have the experience you need? It’s important to...
by KLPCPA | Jan 23, 2015 | Uncategorized
Certified Public Accountants (CPAs) act as advisers to individuals, businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial matters. Today, many individuals and businesses turn to CPAs for help with tax...
by KLPCPA | Jan 16, 2015 | Uncategorized
Before you open your doors, it’s important to ask this question. “What type of entity (C-Corp, S-Corp, Partnership or Sole proprietor) should my business be?” And the answer is – “it depends.” At KLP, we can walk you through all the important issues that you need to...
by KLPCPA | Jan 9, 2015 | Uncategorized
The New Year is upon us and people are making all sorts of resolutions and goals for the New Year. Goals to get in shape, try new things or even quit a bad habit. A good goal to keep in mind for 2015 is to keep an organized record of all your financial information. It...
by KLPCPA | Jan 2, 2015 | Uncategorized
These are exciting times at KLP! Effective January 1, 2015 we will merge our practice with Jerry L Cummings, CPA. Jerry’s practice has been around for over 35 years and he brings a roster full of long term clients. The success of any merger is dependent on the...
by KLPCPA | Dec 26, 2014 | Uncategorized
At the beginning of 2014, we did a post on business valuation terms. This round up post serves to recap all of those terms for you. If you are a business owner, your company will need to be appraised at some point. A business valuation is needed if you decide to sell...
CARES Act made changes to excess business losses
The possible tax consequences of PPP loans
File cash transaction reports for your business — on paper or electronically
Why do partners sometimes report more income on tax returns than they receive in cash?
Even if no money changes hands, bartering is a taxable transaction