Aline Accounting Partners

🦃 We’re not just wingin' it... Our professional accountants bring deep expertise to every client. Whether it’s tax planning, bookkeeping, or timely communication, you can trust us to get it right. This Thanksgiving, we’re thankful for our team of professionals who make it possible to deliver excellent service to every client, every time. 🤝 #AccountingProfessionals #GratitudeSeason #YouBelongHere

We're throwing you a life (a)line.🎣🤿 Looking to secure your firm's future? Partnering with Aline unlocks tools and resources that drive sustainable growth, help you plan for seamless succession, and allow you to invest in your team’s development. 🌊We can help you achieve more - grab on to a partnership that helps you reel in success! #Accounting #Growth #SuccessionSolutions #TeamSupport #PartnerWithAline #YouBelongHere

🌟Big Congratulations to Aric R Bluhm, CPA!🌟 We're thrilled to celebrate Aric's well-deserved promotion to Tax Manager! Your hard work and dedication have made a positive impact, and we’re excited to see what you’ll achieve in this new chapter. Here's to your continued success! 🎉👏 #YouBelongHere

✨We make accounting simple. Our accounting pros manage the numbers so you don't have to. ✅ Simple. 👓 Clear. 💯 Accurate. ⌛ Timely. Every time! Because your time is better spent focused on what you do best. #AccountingMadeSimple #SmallBusinessSupport #YouBelongHere #Taxes #Auditing #Bookkeeping #Consulting #Advisory #Finances #Business

Working with seasoned tax and accounting professionals is critical to laying a solid financial foundation that's built to last. When you work with our team - you can expect tailored solutions with your best interests in mind. 🤲🏽 We understand the nuances of tax laws, the complexities of financial regulations, and the strategies necessary to optimize your finances. 💼 Your finances are literally our business. Could you benefit from professional accounting support? Contact us for a no-commitment discussion. 📩 #Finances #Accounting #AccountingSupport #Taxes #Business #Consulting #YouBelongHere

🚨 This one is for all the businesses that maintain inventory! 🛍 Managing your year-end inventory levels can impact your taxable income - you should consider the following: 1️⃣ Inventory Write-Downs If you have obsolete or unsellable inventory, consider writing it down to reduce your taxable income by increasing the COGS. 2️⃣ Year-End Inventory From a tax perspective, the value of your ending inventory affects your taxable income. A larger ending inventory increases your taxable income because it reduces the COGS, while a smaller ending inventory decreases taxable income by increasing COGS. So, if your goal is to reduce taxable income, you might prefer to have a smaller inventory at year-end. 💰 👨🏽💻 Looking for more advice like this? Our accounting professionals are here to help!

Is your business planning to give back during the giving season? 🎁 Making charitable contributions before EOY can have tax benefits! 💡 Did you know... C corps can deduct charitable contributions on their corporate tax returns. The deduction is generally limited to 10% of the corporation's taxable income. ✅ You should know... Sole proprietorships, partnerships, and S corps can't directly deduct charitable contributions as business expenses. Instead, the deduction is passed to individual owners, partners, or shareholders, who can then claim the deduction on their personal returns. Thus, they don't reduce the business’s taxable income or income of the owners that’s subject to social security or self-employment tax. 💣 👐🏽 Our team of pros can help you and your business navigate EOY tax prep so you can end the year strong! 👉🏽 Follow to join the conversation and get more information like this!

🚨 Year-End Tax Tip Alert: By taking proactive steps in the final months of 2024, businesses can not only minimize their tax burden but also streamline their financial operations. And because we want to see you succeed, we're sharing a pro tip...... ⚡ Pro Tip: If you have employees, take a moment to review your payroll for additional tax savings! Consider the following: ➡ Reasonable Compensation for S-Corporation Shareholders: If you are a shareholder in an S-Corporation, ensure that you are paying yourself a reasonable salary. This affects your Section 199A deduction and payroll taxes. The IRS requires that S-Corporation shareholders receive reasonable compensation for services provided. ➡ Year-End Bonuses: Consider issuing bonuses before the year ends. Bonuses are deductible in the year they are paid, reducing taxable income. However, year-end bonuses are considered supplemental wages and are subject to payroll taxes and withholding. Ensure that bonuses are processed through payroll to account for withholding taxes. Need help prepping for the upcoming tax season? 🤳🏽We've got you covered - send us a quick note and we'll route you to a tax pro on our team! #Accounting #Taxes #SmallBusiness #Entrepreneur

It's that time of year again! Thinking of gifting to your employees this holiday season? 🎁 💰Friendly Reminder💰 Cash gifts are considered additional wages subject to tax & withholding, while non-cash gifts may qualify as a de minimis fringe benefit. FACT: De minimis fringe benefits are tax free to the employee and deductible by employers. Need to consult with one of our accounting pros to avoid overlooking tax implications while spreading holiday cheer? 📭 We're only a short DM away! 📭 #TaxTips #HolidayGifts #Accounting

🎉 We're celebrating YOU, entrepreneurs! Every big dream starts with bold steps — and we’re here to support yours. We provide essential business solutions that allow entrepreneurs to focus on growing their business, instead of crunching numbers. 📊 Whether it’s... 💎Bookkeeping needs 💎Auditing 💎Tax support 💎Advisory services ...We're your partner in success! Looking for a knowledgeable accounting professional to consult with? Send us a DM! 📫 Pro Tip: Join the conversation by following our page to stay in the know. 👍 #NationalEntrepreneursDay #BusinessSolutions #SmallBusinessSupport #YouBelongHere