Vrakas CPAs + Advisors’ Post

Exciting things to come in 2025. Check out our latest article, Vrakas/Blum Computer Consulting: A Year in Review. Wishing everyone a successful and rewarding new year! ⭐ #VrakasDifference #SoftwareSolutions #Accounting #Sage #2025

"Paperwork during tax season grows faster than my will to live." #AccountingExperts #FinancialGurus #TaxTips #BookkeepingBasics #CPACommunity #AuditAdvice #SmallBusinessSolutions #FinancialStrategy #AccountingNews #CPALife

Avoid costly tax mistakes that can hurt your bottom line! Here are some common errors to watch out for: 1. Not categorizing expenses correctly can lead to missed deductions. 2. Late filings can result in penalties and interest charges. 3. Poor record-keeping makes it difficult to prove deductions. 4. Missing quarterly payments can lead to big surprises at tax time. 5. Failing to report all income can trigger audits and fines. Stay organized, double-check your numbers, and consult a professional to keep your business on track.  Schedule a call to learn more about how we can help! #TaxDeductions #TaxServices #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Navigating taxes can be daunting, but we're here to help! Here are some essential tax terms you should know: - Gross Income: The total income earned before any deductions. - Net Income: The income left after all deductions, including taxes. - Tax Deduction: Expenses that reduce your taxable income. - Tax Credit: Amounts that reduce the tax you owe directly. - Capital Gains: Profits from selling assets like stocks or property. - Depreciation: The reduction in the value of an asset over time, which can be claimed as an expense. Understanding these terms can help you manage your finances better and make informed decisions. Have questions? Drop them in the comments! 👇 #MLRbookkeeping #bookkeeping #getorganised #beorganised

🚨 Tax Updates for 2024 - What Your Business Needs to Know The IRS has rolled out changes to tax brackets and deductions for 2024, impacting businesses everywhere. 🔑 How This Affects You: ✔ Updated brackets could alter your taxable income. ✔ Proper #DocumentManagement is key to maximizing deductions. ✔ Clean #Bookkeeping keeps you compliant and #AuditReady. 📂 Don’t stress over the changes—upload your documents today, and we’ll handle the rest! Let’s simplify your financial management so you can focus on growing your business. 📞 Call: (832) 324-2002 🌐 Visit: https://lnkd.in/gqAnSDTZ #TaxUpdates #SmartBookkeeping #DocumentManagement #BusinessSuccess

Reminder! 🐝 For individuals filing a 2023 income tax return (Form 1040) or filing for an automatic six-month extension (Form 4868), and paying any tax due - it is time to get those returns ready! ⏰💼 To avoid the last-minute rush next year, send me a message to get a free quote for bookkeeping services so your 2024 financials are ready to hand your CPA right after the start of the year! 📧 info@thebusybbookkeeping.com #taxseason #incometax #taxreturns #DeadlineReminder #financialplanning

🎯💰 𝐔𝐧𝐥𝐨𝐜𝐤 𝐒𝐚𝐯𝐢𝐧𝐠𝐬 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐅𝐥𝐚𝐭 𝐑𝐚𝐭𝐞 𝐒𝐜𝐡𝐞𝐦𝐞! Eligible businesses can reduce administrative burdens and gain financial advantages through simplified VAT accounting. #FinancialSavings #VATStrategy #SmallBusiness

We get it! After finally filing a complicated and stressful tax return, nothing sounds better than packing last year’s financial records in a box, “filing” them in the nearest dumpster, and never thinking about them again. Don’t do that! Generally speaking, you will need to keep your tax records between for three and seven years, including the paper and electronic records that support your tax return, like receipts, bank statements and investment account statements.  Failure to keep a paper trail for the information provided on your returns could lead to problems if you’re audited. By keeping these important documents, you’re not just complying with legal requirements; you're also setting yourself up for financial success and peace of mind. Have a bookkeeping question? Drop them in the comments below! #TaxTip #Receipts #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

We know taxes can be frustrating, but what if you could save $90,000 to $100,000 this year? Even if you already work with a CPA or bookkeeper, our tax experts can help you uncover hidden deductions and strategies you might be missing. Book a consultation with SWAT Advisors today and see how much you can save!              🔗swatadvisors.com P.S. Don't let tax season stress you out! We'll handle everything for you. . . . #SWATAdivisors #TaxStrategies #TaxSavings #TaxTips #CPA #Bookkeeper #TaxConsultation #FinancialPlanning #TaxPlanning #MaximizeSavings #TaxDeductions #TaxExperts #SaveOnTaxes #ConsultNow #StartToday