Alfred Jones, CPA

As a business owner, you don't want to get blindsided by any financial catastrophy. That's why having a risk management plan can better prepare you for anything that negatively affects your business. By applying the right resources and tools, you can minimize, monitor and control the negative events while focusing energy and attention on how to respond. If you're looking for the right help with your business, you've come to the right place. Schedule your first appointment with us today at (910) 488-3144

Your company's assets, liabilities, and owner equity are displayed on your balance sheet. In essence, it is a comparison of your assets and liabilities. Keep in mind, liabilities are what your business owes, and assets are what your business owns. Equity represents the ownership interest in the company and is calculated by subtracting the liabilities from the assets of your company. Contact us at (910) 488-3144.

Have you started your estate planning yet? Check out this insightful article discussing the importance of estate planning regardless of your age. It is critical to be prepared in your financial life and take control of your resources. Not sure where to start? We can help! Call us at (910) 488-3144. https://bit.ly/3YHJsQS

Traveling internationally for business goes hand in hand with unique tax challenges and opportunities. Be sure you’re maximizing your benefits and minimizing your risks by keeping detailed records and being aware of any local and foreign tax obligations. Stay on top of things through proper planning and informed decision making. https://bit.ly/4cVh1nl

As the end of the year approaches, it’s important to have all your accounting ducks in a row and maximize your deductions to make tax-smart investment decisions. This helpful guide can keep you on track to ensure you have all your finances in order. Contact us at (910) 488-3144 for all your tax-related needs - we are here to help you! https://bit.ly/48PeavR

Your company's assets, liabilities, and owner equity are displayed on your balance sheet. In essence, it is a comparison of your assets and liabilities. Keep in mind, liabilities are what your business owes, and assets are what your business owns. Equity represents the ownership interest in the company and is calculated by subtracting the liabilities from the assets of your company. Contact us at (910) 488-3144.

There's no sure way to predict an IRS audit, but these 19 audit red flags could increase your chances of drawing unwanted attention from them. Need an accountant? Why wait? Call us today at (910) 488-3144 to schedule a consultation! https://bit.ly/3anzb2V

Are you a business owner trying to navigate payroll taxes? This guide could be the answer to your questions about optimizing the process! https://bit.ly/4cV4u4l

It is advisable to retain documents such as payroll and inventory management records for tax and other business needs. When in doubt as to whether it's important to keep, scan and save the document to help avoid being caught without it! One effective technique to keep your bookkeeping records organized and accessible is to separate them into folders by record type and keep them on your computer in a password-protected file. Contact us for more information at (910) 488-3144.

Surprise! There are some additional items that the IRS will tax you for besides income. If you've received proceeds from a life insurnae policy or have a scholarship that covers anything outside of the classroom, a portion of them may be taxable. We've included 10 items that may be taxable depending on your circumstances. Comment below which surprised you the most and call us today at (910) 488-3144 if you need any help determining which is taxable in your situation.