Dana McGuffin CPA Blog
When it comes to fraud, the old adage about a small amount of prevention being worth a large amount of cure is spot on. Investing in prevention methods can be more cost-effective than spending time and money on clean-up after a fraud has been detected. Here are suggestions to help prevent fraud in two key…
Read MoreAre you passionate about accounting and taxes? Is accounting and tax the career path you have chosen? Do you have great customer service and problem-solving skills? Dana McGuffin CPA in Southlake, Texas, is an amazing, growing company, and we provide awesome accounting and tax services to our clients. We are excited to announce that we…
Read MoreEveryone groans when budget time rolls around. QuickBooks Online Plus offers tools that simplify the process. Budget. The word evokes a sense of dread in most small business managers’ minds. Large corporations have entire teams of accountants that work on this critical element of financial planning. You, on the other hand, must go it alone…
Read MoreAre you passionate about using technology and working with people who make a difference? Do you enjoy using software and learning new ways to be efficient? Are you great at data entry and admin tasks? Dana McGuffin CPA in Southlake, Texas, is an amazing, growing company, and we provide awesome accounting and tax services to…
Read MoreA good employee is a valuable company asset, and no doubt you want your employees to be as productive as possible – which is why a suggestion to boost productivity with paid time off might sound counterintuitive. Paid time off (PTO) can be a critical component of your employee benefits package. Besides the obvious…
Read MoreIf getting more energy efficient at home or work is on your to-do list, let Uncle Sam help get things kick-started with some timely tax incentives. One example: you can claim a tax credit equal to 30% of the cost of a qualified solar-electric system if the system is installed this year. In some cases,…
Read MoreA good credit history is nearly indispensable. Without it, you’ll have trouble buying a car, renting an apartment, and perhaps even getting a job, since some employers order job applicants’ credit reports. Here are ways to establish a good record. * Start by ordering free credit reports from the three major credit bureaus. What’s the…
Read MoreTaxes are an important part of the decision to own real estate. Here’s a brief overview of tax benefits you can realize while you own real property, as well as when you sell or otherwise dispose of the property. Current expenses. As a rental property owner, you can deduct current expenses to offset the tax…
Read MoreYou can’t see time. Nor can you look at hours and minutes to see how many you have in inventory. But if you’re a service-based business, your income is derived from this invisible asset. Billable time needs to be entered and invoiced with absolute precision. QuickBooks Online Plus has this covered. By using its time-tracking…
Read MoreHow often do you take time to talk about your finances? Once a year while preparing your tax return? Only when a financial emergency pops up? Or are money matters a topic you avoid entirely? If discussing financial goals makes you uncomfortable, you’re certainly not alone. Surveys by a national financial company found that money…
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