Levels of Tax Planning: What Tax Planning Really Means Updated September 2026 There is a big difference between preparing a tax return and doing tax planning. Tax preparation looks backward. The year is over, the money has been earned and spent, and most of the important decisions have already been made. The job is to […]
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Updated August 2026 Your financial statements should tell you more than whether you made money last month. A good Income Statement can show you whether margins are shrinking, expenses are creeping up, or increased sales are actually translating into increased profit. Your Balance Sheet answers a different set of questions: How much cash does the
How to Read an Income Statement and Balance Sheet for Your Small Business Read More »
Updated 9/26 Knowing which tax return your business needs to file depends largely on your business structure, number of owners, and any tax elections you’ve made. An experienced business CPA firm like Bearden Stroup & Associates CPA can help simplify the process through their experienced business consultants! When deciding on the appropriate business tax form,
What Tax Return Do I Need To File For My Business? Read More »
Expert financial guidance is essential for success in today’s rapidly changing business landscape. The complexity of today’s labor market economic environment demands more than just accounting knowledge; it requires strategic planning, tax optimization, and management insight. This is where Bearden, Stroup, & Associates CPA, a premier business CPA firm and consultant, becomes invaluable to businesses
5 Reasons Your Business Needs a CPA Firm Specializing in Business Consulting Read More »
Secure Act 2.0 created some exciting new tax credits for small businesses related Employee Pension Plan costs. Although the terminology used in the legislation is “Pension Plan”, this credit applies to many types of business retirement plans including the Simplified Employee Pension (SEP plan), SIMPLE IRA, and 401k plan. This is exactly the kind of
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Payroll is often the business equivalent to “washing the dishes.” It isn’t glamorous. But if it isn’t done you don’t get to serve dinner. (Or in this case, you don’t get to continue operating as a business!) In this article, we delve into the complexities of outsourced payroll services and how our expertise can simplify
Today, we’re going to simplify two very important monthly financial statements and accounting for your business: The Income Statement (also called the Profit and Loss Statement) and the Balance Sheet. If you’re a small business owner, understanding these can make a huge difference in how you manage and grow your company. Imagine you’re on a
The Complete Guide to Small Business Tax Filing: Tips from Expert CPAs Read More »
