VOS CPAs PLLC

Hiring your child at your business this summer? It can be a tax-smart idea. Here are the benefits. https://bit.ly/4bd5Qpg

Does your business have a formal process for approving purchase orders? A standardized process can help promote efficient business operations and informed decision-making. https://bit.ly/4bWgySl

Wishing all of the amazing Dads out there a truly special day!

Business owners: The struggle for strong cash flow is real. Let’s talk about four ways you can win the battle. https://bit.ly/3VE9hAZ

An important deadline for quarterly federal estimated tax payments is coming up on June 17. Here are the methods for computing payments for corporations. https://bit.ly/3KKVcLz

Construction businesses face many distinctive tax issues. Complicating matters, some key provisions of the Tax Cuts and Jobs Act are scheduled to expire after 2025. Let’s discuss. https://bit.ly/3VBD1yd

An external audit requires an investment of time and money. But the payoff can be significant when it comes to the long-term success of your business. https://bit.ly/45dhYFy

Does your business provide Health Savings Accounts to employees? The IRS recently announced the inflation-adjusted amounts for 2025. Here they are, along with the benefits of these accounts. https://bit.ly/3UZHc5m

Business owners: When creating a succession plan for your company, you’ll ideally want to account for three separate timelines. Here’s a brief look at each. https://bit.ly/4aNsTHh

Does your organization conduct surprise audits? A recent study found that companies without this antifraud control in place are at significantly higher risk for occupational theft and financial misstatement. https://bit.ly/3yJr8gT

There are several factors to consider when converting from a C corporation to an S corporation. Here are four of the tax issues you may face. https://bit.ly/4bzp5u5

Construction business owners: Are you curious about how artificial intelligence could positively affect the industry and your company? Here are five examples to consider. https://bit.ly/450fZUU

Remembering today and every day that our freedom is not free. God Bless America!

When buying a business, you may not focus on taxes. But the way the transaction is structured can lead to better or worse tax results after the acquisition. https://bit.ly/4bStFUk

Business owners: If you’re looking for a fresh approach to connecting to customers and prospects, you might want to consider “conversational marketing.” https://bit.ly/3QVYYW4

Some entrepreneurs underestimate the importance of maintaining organized books and records for financial reporting purposes. Here are four tips for building a solid bookkeeping foundation. https://bit.ly/3wSnctB

Does your company cover the risks? Our audit team understands the challenges audit committees face today. Here are five top concerns identified in a recent study. https://bit.ly/4dFXU2h

Business owners: It’s likely only a matter of time before your company suffers some sort of cyberattack or cyber-related incident. But don’t give up hope, you can still protect yourself. https://bit.ly/3ym0Jpc

There are potential federal income tax advantages when you include debt in the capital structure of a C corporation. Here’s a rundown. https://bit.ly/44FvrFS

Time flies when you’re busy running a business. It’s important to pause at midyear and assess interim financial performance. Otherwise, you could be surprised by your company’s year-end results. https://bit.ly/4bzd6fR

Construction business owners: Are your accounting processes as good as they could be? Here are two common problems that tend to cause contractors to struggle in this area. https://bit.ly/3JXkgPk

Biden advisor vows corporate tax hike

Biden advisor vows corporate tax hike President Biden's top economic advisor pledged Democrats would push to reverse Donald Trump's corporate tax cuts next year.

Business owners: If your company has been operational for a while, you’ve probably experienced some customer complaints. Here are eight key features of a strong customer dispute resolution process. Click here for some good insight https://bit.ly/4bqqh2C

If you’re adding a new partner to your partnership, you may think the tough part is over once you find the right person. But there could be complex tax issues to consider. https://bit.ly/3Wupidq

When was the last time your business performed a formal expense review? This exercise can pay off by lowering costs and raising profits. https://bit.ly/4dttqk4

Two new federal rules regarding overtime pay and noncompete agreements have recently been adopted. Take a look at the full story here. https://bit.ly/4bk1jlG

If you’re a partner in a partnership business, can you deduct expenses you incur on your personal tax return? Here are the rules. https://bit.ly/4a4mcQG

Business owners: If yours is a B2B company, collections may not always be easy. To stay on top of it, take a strategic approach with an eye on continuous improvement.https://bit.ly/3JIsryJ