Perks Pusateri CPAs

A recent study from the National Institute on Retirement Security found that more than half of Americans don't believe they can achieve financial security in retirement. That's scary! If you share those concerns, we're here to help you get your retirement planning on track. Contact us today at (614) 392-7800 to schedule your first consultation.

If your records are disorganized, you have inaccurate financial reports, cash flow problems, and issues with tax compliance, your bookkeeping system is likely failing you. Healthy bookkeeping is essential for your business success. Take the proactive steps to organize your records effectively to avoid devastating professional mistakes to ensure the long-term financial health of your company.

5 Signs Your Bookkeeping Is Failing | www.financialhotspot.com Bookkeeping is the backbone of any successful business. It's the process of recording, organizing, and managing financial transactions. When done right, it provides valuable insights into your company's financial health and helps you make informed decisions. However, if your bookkeeping is failing,....

One of the most common causes of stress is money worries. Most adults have likely dealt with a financial dilemma in their life. Take back control of your stress and try following the steps listed in this article on how to manage your finances as well as your feelings. If you're looking for any assistance with your finances, please schedule your initial consultation with us today at (614) 392-7800!

5 Ways to Calm Financial Stress - NerdWallet Recognizing that money tension is common can be the first step toward reducing it. Here are other ways to ease worries.

If you have a new member of the family, it's important to check your withholding. Because you may be eligible for additional tax breaks, you may want to change your withholding depending on your needs. You can either increase what you receive on your paycheck or increase the tax returns you will receive later on. Give us a call at (614) 392-7800 so we can discuss your specific tax needs!

There are many different areas of accounting that focus on specific services and industries. Depending on your circumstances, you may need one of these specialties to help you reach the financial goals. If you need help getting your finances in order, you've come to the right place. Schedule your first consultation with us today at (614) 392-7800.

Have you ever thought about setting up a private family foundation? Through philanthropy and effective management, this can help your family leave a significant impact on society and important causes that are close to your heart for years to come.

Cementing Your Legacy with a Private Family Foundation | www.financialhotspot.com Establishing a private family foundation is a powerful way to create a lasting legacy while making a positive impact on society. By leveraging philanthropy, strategic giving, and effective management, families can leave a meaningful imprint on causes they care about for generations to come. In this....

For Social Security benefits, full retirement age is 67 for those born in 1960 or later. If you wait until full retirement age, you will receive your full benefits. However, should you start receiving your Social Security benefits early, your benefits will be reduced. For example, if you start taking benefits at 62 - the youngest aged allowed - your benefits will be reduced by 30%. Need help with your retirement plan? Schedule an appointment at (614) 392-7800 with us today!

When you work with us, we’ll offer year-round tax planning guidance to help you reduce the tax obligations of your business. Running a business is hard, but taxes shouldn't be. Let our professional enrolled agents help you navigate the tax maze! Contact us at (614) 392-7800 to get started.

People get a letter from the IRS and automatically freak out thinking it's an audit, but in many cases, it's just an adjustment letter. An adjustment letter from the IRS typically provides notice that you owe additional taxes or that they have adjusted your refund amount. If you owe additional tax, it’s important to either pay the tax by the deadline or, if you believe the tax liability is wrong, to respond following the instructions and timeline in the letter. Contact us at (614) 392-7800 for assistance.

A business credit card can be a very smart financial decision for saying on top of managing your company’s expenses and to build credit. Before applying, there are several things you should consider to ensure you’re making the most of your business’ financial needs.

What to Know Before Applying for Business Credit Card | www.financialhotspot.com Applying for a business credit card can be a smart financial move for managing your company's expenses and building credit. However, before you dive into the application process, there are several important factors to consider to ensure you're making the right choice for your business's financial ne...

Here's a fun read/watch! This list highlights the most memorable on-screen accountants. Do you have a favorite? Share with us in the comments below! For all your accounting needs, call us at (614) 392-7800.

Lights, camera, taxation! Accountants on screen Some of our favorite CPAs of the silver and small screen.

Some might think that doing your own taxes saves you more money. However, the reality is that if you miss a single detail or add in an incorrect item, it may affect your returns and cost you more in the long run. Yes, you can amend in the future, but will you be able to spot-check what needs to be changed when you're not a pro? Save time and let professionals like us handle it for you from the beginning! Contact us at (614) 392-7800.

Retirement income planning is when you examine your expected retirement income and the possible expenses to create a strong financial plan to fund your retirement. One of the first steps is to identify what will be funding your retirement and how much you will be receiving. We're happy to help get your retirement plan started. Contact us today at (614) 392-7800

Because the world of tax laws, regulations, and financial responsibilities are difficult to navigate, the assistance of a tax attorney is an invaluable tool. Protecting your finances and ensuring that you are compliant with tax laws is essential if you have complex tax situations or if you are going through an IRS audit.

7 Reasons to Consult a Tax Attorney | www.financialhotspot.com When it comes to navigating the complex landscape of tax laws, regulations, and financial responsibilities, consulting a tax attorney can be a strategic move that pays dividends in the long run. As a taxpayer, you may find yourself facing various situations where the expertise of a tax attorney beco...

Let us help assist you with precisely preparing and filing your tax returns as enrolled agents, making sure you take advantage of all allowable credits and deductions while adhering to all applicable tax regulations. Give us a call at (614) 392-7800 to get started today.

With some incredibly impressive outcomes, we have assisted companies in optimizing and transforming their processes through our business consulting services - it is what we live and breathe! Our technology, approaches, and knowledgeable insights have been created based on the same problems that you encounter. Give us a call today at (614) 392-7800 to discuss your options.

There's a lot to consider when you start planning for retirement. One of the best ways to begin is to write down all of your concerns. If you’re stuck, we’ve listed some commonly asked retirement questions below. If you need more personalized assistance, look no further. We'll work with you to plan a financially secure retirement. Call (614) 392-7800 to set up your appointment today!

Believe it or not, accounting can significantly affect the trajectory of your business. Through understanding your financial health, you can make more informed decisions that help you to budget and forecast your investments to ensure a successful future for your company.

How Your Accounting Should Inform Business Decisions | www.financialhotspot.com In the complex maze of running a business, making informed decisions is paramount. Every move you make impacts your company's bottom line, and navigating the financial landscape requires a keen understanding of your numbers. This is where accounting steps in as your guiding light, offering valuable....

Set reminders for the important tax dates regarding payroll taxes, estimated quarterly taxes, and when you need to initiate payroll for each pay period. We'll help you make sense of cents, contact us at (614) 392-7800.

Running your own business doesn’t come without its stressors unfortunately. However, there are ways that you can successfully manage your stress and have a healthy work-life balance in the process! Consider incorporating these helpful tricks into your routine and give us a call at (614) 392-7800 to set up a meeting to discuss how we can assist with the financial aspects of running a successful business.

7 Ways Successful Entrepreneurs Manage Stress – Center for Entrepreneurship Being an entrepreneur is stressful. From pitches to cash flow, from setbacks to deadlines, and from home life to working...

We can’t exercise once a quarter and expect to be in great shape. Just like fitness, effective bookkeeping requires our attention and energy on a regular basis. Ideally, you should log expenses and payments received as they occur. If not applicable for you, set aside 20-60 minutes once a week to record transactions and review financial statements. Books behind? Get caught up by contacting us at (614) 392-7800 to discuss how we can help you!

As a taxpayer, it is important that you trust those helping you to tackle your finances and navigate the complexity of tax law and regulation. Hiring the right tax preparer is essential for maintaining accurate filings and ensuring you maximize your tax returns. Before hiring someone, be sure to ask these helpful questions to make an informed decision.

Questions to Ask When Choosing Your Tax Preparer | www.financialhotspot.com Tax season can be a daunting time for many individuals and businesses alike. With complex tax laws and regulations, it's essential to have a knowledgeable and trustworthy tax preparer by your side. Whether you're a first-time taxpayer or a seasoned business owner, selecting the right tax preparer is...

Tax scams are designed to look official, and AI is often used to improve their quality and design making their schemes more difficult to detect. Only open or approve something if you expect it and know what it is. If you accidentally open a page or a document, a scammer can easily add malware to your device, monitor your activity, and steal your personal information. Report any suspicious and unsolicited emails to the IRS. Have questions about a message’s legitimacy? Call us at (614) 392-7800 today.

Enrolled agents are tax advisors who hold federal authorization as tax practitioners, granted authority by the U.S. Department of Treasury. It's legal for enrolled agents to represent taxpayers and we make this a seamless process for you. Have questions? Get real answers and give us a call today at (614) 392-7800.

Payroll reporting involves calculating, managing, recording, and analyzing employees' compensation. You also may have to deal with employee benefits, wage garnishments and a variety of other issues related to employee wages. Focus on your business while we handle your payroll. Call us today at (614) 392-7800!

The inheritance you leave your family can set the tone of your loved ones’ financial situation for generations to come. When planning your estate and administering a trust, there are complexities you must navigate through to ensure that your wishes are carried out as you intend. Careful planning and understanding your goals are key to a successful inheritance and legacy.

Leaving an Inheritance: Important Considerations | www.financialhotspot.com Leaving behind an inheritance is more than just a financial transaction; it's a legacy that can profoundly impact the lives of your loved ones for generations to come. Whether you're planning your estate or navigating the complexities of administering a trust, there are several crucial consideration...

Remember, if the IRS needs to contact you, they will by mail first. If you receive any emails, calls, text messages, or DMs claiming to be the IRS stating you have an overdue tax or information about your tax refund, these are warning signs of fraud. If you do receive mail from the IRS, search their website for information on understanding your letter to verify if it is authentic. Be wary of anyone showing up to your home or business claiming to be from the IRS as they ended all unannounced visits in 2023. Contact the IRS to report anything you think is suspicious. Call us at (614) 392-7800 for more tax information.

We offer tailored business consulting services to address the difficulties you are facing through our extensive industry knowledge and experience. We'll support you at every turn and are dedicated to your success! Allow us to assist you in transforming your company for the better. Get real answers from a business consultant! Give us a call today at (614) 392-7800.

Working in a foreign country comes with its own set of challenges and tax implications. Before jet-setting across the globe, there are some important factors you should consider regarding your international tax responsibilities.

6 Things to Know Before Applying to Work in a Foreign Country | www.financialhotspot.com Embarking on a journey to work in a foreign country is an exciting and rewarding opportunity, but it comes with its own set of challenges and considerations, especially when it comes to international tax implications. Before you pack your bags and head overseas for work, here are several important t...

When starting your business, you'll have to choose one of two different accounting methods: cash or accrual. Cash-based accounting is typically used for small, first-time businesses where sales and expenses are recorded only at the time of payment. Accrual accounting is more complicated to cash-based accounting. Sales or expenses are recorded when they're incurred, even though the payments will begin at a later date. The accrual method encompasses a longer-term view of the business across multiple periods, and it’s the standard among larger companies and financial institutions. Take a moment to determine what you think will be fit your business, and if you need additional help with your businesses accounting - don't hesitate to call us today at (614) 392-7800!