Published December 14, 2023 – When it comes to juggling deferred tax information, how do companies decide between making their financial statements look good now versus being straight-up with stakeholders in the long run? Table of Contents The Liability MethodImplications for BusinessesThe Asset-Liability ApproachImplications for Businesses As businesses navigate the complex terrain of financial reporting, […]
Published November 29, 2023 – Hello, fellow entrepreneurs and small business enthusiasts! Today, we’re diving into a topic that might not be the most glamorous but is undeniably crucial for the success of your small window washing business—tax planning. Now, I know what you might be thinking, “Taxes? Really?” But bear with me, because understanding […]
Published November 29, 2023 – As a small business owner, staying on top of tax deadlines is crucial. With 2024 around the corner, it’s time to prepare. Let JTC CPAs be your guide through this maze of dates and requirements. General Tax Calendar Overview The IRS General Tax Calendar is an invaluable tool for small […]
Every business owner reaches a point where they must consider the future of their company without them. This moment is where business exit planning comes into play. However, it is about more than just selling the business. It is a comprehensive strategy that ensures the business’s legacy, values, and mission continue even after its original […]
Published October 27, 2023 – Alright, let’s start by talking about carpentry business forecasting. You might be wondering, what’s that all about? Well, it’s like looking into a crystal ball, but not really. Carpentry business forecasting is all about predicting the future, especially when it comes to your carpentry business. You’re trying to figure out […]
Published October 27, 2023 – Do you ever feel like your wallet’s grazing in a cattle feedlot, always one hoof step away from slipping into the financial slurry? Well, welcome to the club, future accountant. In the world of cattle feedlots, financial stability is as elusive as a unicorn in a barnyard. If you want […]