As a team of CPAs, we fully understand the critical role that people in the construction industry play in shaping the physical world around us and the unique financial challenges that come with operating in this sector. In this blog, we seek to provide you with valuable insights and practical advice for successfully navigating the …
As the global economy becomes more and more interconnected, many individuals and companies engage in international transactions, which makes it necessary to comply with the relevant financial reporting regulations. That is why on this occasion, our blog will explain what an FBAR penalty is, as well as the implications and consequences that exist when FBAR …
Payroll is one of the most important functions of all companies (or at least it should be). One of the main reasons for this is the relevance that employees have within a company, as they are considered the main resource of any company. Employees count on receiving financial compensation from time to time for the …
Who doesn’t like tax reductions? Although taxes are an inevitable part of life, it doesn’t mean that there aren’t completely legal ways to keep them to a minimum because no matter what time of year it is, it’s always good to try to save on taxes in a smart way. With your tax filing deadline …
The world of cryptocurrency is still a novelty for the vast majority of people and, therefore, a mystery. This should not be the case, as commercial operations with this type of currency have become increasingly integrated into daily life. Having clarity on these issues is of utmost importance before making any move to avoid unpleasant …
In order to have good management of any company, regardless of its line of business or size, it is essential to have an impeccable accounting service. In this blog, we explain some of the reasons that you should take into consideration to know the crucial role that accounting plays in your company (and thus pay …
ACCOUNTING 101: WHY YOU NEED IT IN YOUR BUSINESS Read More »
Regular visits to your doctor and dentist are the law. You don’t need anyone to remind you because you know it’s important. In the same way, it is also important to make a regular visit to your CPA, but how often? One of the most common dilemmas of people who have their own businesses is …
The medical field has always been one of the fastest-growing and most profitable areas of employment. At Core CPAs & Advisors we have witnessed this rise, which is why a large part of our accounting services have been focused explicitly on clients in this field. In this blog, we focus particularly on this industry because …
With all the personal expenses you have nowadays to live, from renting a house to buying food, it can be a bit overwhelming to organize a budget and stick to it. However, in this blog we leave you some tips that may work for you to make this task much easier than it seems, are …
What is it? A tax liability is a payment owed by an individual, business, or other entity to a federal, state, or local taxing authority. Generally, you have a tax liability when you earn income or generate profits by selling an investment or other asset. Various authorities impose taxes and use the funds to pay …
