JTC CPAs Blog for Small Business Finance

Small business owners and entrepreneurs getting ready to open a business often wonder when, or even if, they should hire a certified public accountant. While many people feel they can save money by doing the daily bookkeeping tasks with computer software, the expertise of a CPA can bring much needed financial consulting that can potentially save a business from making costly mistakes. CPA’s differ from accountants in that, while both have accounting degrees, CPA’s have obtained… Read More »Hiring a Certified Public Accountant for Your Small Business

Most people would hire a Certified Professional Accountant, or CPA, to assist in business matters but rarely consider using one to assist them in their personal finances.  It is a myth that CPA’s are only needed in the world of business.  Whether you want to save money, get help preparing your taxes, manage investments, or plan for retirement or other big life changes, an accountant can provide much needed personal advice and assistance. People who would… Read More »How a CPA Can Bring People Closer to Their Personal Financial Goals

Most people take care of the financial aspects of their lives themselves without ever hiring an accountant or a financial planner.  However, there may come a time when it makes sense to hire an accountant to assist in tax preparation or a specific financial need, or a financial planner who can help make money management decisions. Understanding what each professional can bring to the table is essential when deciding if, when, and what type of assistance… Read More »When to Hire a Personal Financial Planner and Accountant

At JTC CPAs, we are ‘CPAs always adding value.’ Here are some of the core services that we provide for clients. Skilled and Effective Tax Preparation CPA offices have to excel at tax preparation if they want to keep clients. This is far and away one of the most fundamental and widely popular services that CPAs provide. As an individual or as a business, you pay taxes year in and year out. Sometimes it seems… Read More »Top Four Services Provided by JTC CPAs

Most business owners and entrepreneurs are self-motivated people who do things on their own when possible. When a business is still small, it’s tempting to try and handle all of the bookkeeping and financial records. However, accounting is more complicated than people realize, and mistakes can be costly when dealing with banks, creditors, the IRS, and more. JTC CPAs provides accounting and financial services for individuals and businesses of every size. Here are five reasons why… Read More »5 Reasons Why Business Owners Should Use a CPA

Enter The PCAOB The PCAOB’s (Public Company Accounting Oversight Board) was established in 2002 by Congress, states independence standards clearly set forth that under certain qualifying conditions, proposing audit adjustments (without regard to their number, nature, or significance) for review and acceptance by management does not impair audit independence (PCAOB Interim Ethics section ET .05.101-3). The PCAOB asserts that the term “mis-statements” should be understood to include “omission and presentation of inaccurate or incomplete disclosures”… Read More »Enter the PCAOB