CPA vs. EA vs. Accountant: Fight!

CPA vs. EA vs. Accountant: Fight!

https://youtu.be/90jLaNLjxE4 CPA, EA, Accountant…you’ve probably seen these terms bandied about here and there, but what do they really mean? You’re trying to choose someone to help you with your books and/or taxes, and this kind of stuff is delicate and important. You wouldn’t trust just any random person with this sensitive information. The good news is that we can give you straightforward answers to your acronym-soup questions. CPA: Certified Public Accountant The CPA designation is different for each state in the United States, similar to state bar associations. In Washington, the CPA designation is provided by a non-governmental body called…
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Mid-Year Check-up: How Healthy Are Your Books?

Mid-Year Check-up: How Healthy Are Your Books?

This article is meant for the do-it-yourselfers, those of you who have decided to do your own books. Or, since DIY accounting is the default position, it also includes people who never decided to have their books done by someone else. So, we say to you DIY-ers: It’s November now. Have you looked at your books since February? If the answer is no, then perhaps it’s time to contact us and schedule a clean-up. It’s what we do, and we can save you quite a lot of headache for a very reasonable price. Maintaining your books regularly is important for…
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What are Self-Employment(SE) Taxes?

What are Self-Employment(SE) Taxes?

https://youtu.be/StEiHsOdknM What Are Self-Employment (SE) Taxes? For the sake of argument, let’s say you’re an employee. Since 1990, 7.65% of your paycheck has been sucked into the government’s coffers before you even saw it. Your employer has been doing the exact same amount in tandem by paying 7.65% of your paycheck to the government in payroll taxes for each of their employees. By now you’ve probably done the math: 15.3% of every employee’s paycheck goes to the government right away (up to the annual Social Security cap at least, which in 2019 is $132,900). If you want to get technical,…
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