Hardaway Axume Weir CPAs, LLP

With data breaches becoming more and more common, it's important to be proactive in protecting your business against cybercrimes. Here are some thoughts on preventing cybercrimes in the first place and having a plan to protect your customers' information and your reputation should you become a victim. https://www.bakersfield-cpa.com/content_library.htm

Nothing can frighten a business owner like an audit notification. Is it the first step toward arrest and trial? No need to panic. Find out what a tax audit actually is and how to get through it with minimal fuss. https://www.bakersfield-cpa.com/content_library.htm

If you are not tracking business mileage you could be missing out on tax deductions. Watch Our Video and Contact Us for a Free Consultation Today https://www.bakersfield-cpa.com/consultation.htm

The Social Security Administration has released new numbers for those paying Social Security and those collecting it. Check out the new maximum taxable earnings amount as well as COLA and other key adjustments. https://www.bakersfield-cpa.com/content_library.htm

Whether you are retired or soon-to-be, understanding the rules about paying taxes on your retirement income can help you avoid complications at tax time. That's why it's important that you work with tax and financial professionals to plan ahead. Here is a brief overview of the tax rules governing retirement income. https://www.bakersfield-cpa.com/content_library.htm

How can your company attract and retain top employees? It's not always easy, especially for small businesses. Having a streamlined hiring process and ensuring that your salaries and benefits package are comparable to other, similar companies in your area can help make your company an attractive destination for high performers. Here are some pointers to jump-start your thinking. https://www.bakersfield-cpa.com/content_library.htm

Much like a map or a GPS provides clear directions to your destination, a business plan can help define your goals and spell out the steps your business must take to achieve them. It can also establish a set of benchmarks to measure your progress. A business plan is critically important when it comes to obtaining financing. Here are the key sections that a business plan should include. https://www.bakersfield-cpa.com/content_library.htm

As long as there have been taxes, shady promoters have tried to sell taxpayers on schemes to get out of paying their fair share. Learn about abusive tax shelters, and how to recognize and avoid them. https://www.bakersfield-cpa.com/content_library.htm

Few things are as unwelcome as a notice from the IRS saying that it intends to audit your tax return. However, since IRS-provided statistics show a consistent decline in the taxpayer audit rate over the last several years, taxpayers may assume that the likelihood of the IRS questioning their return is slim. https://www.bakersfield-cpa.com/content_library.htm

Does your business do work for clients over weeks or months? Consider using QuickBooks Online’s progress invoicing. https://www.bakersfield-cpa.com/content_library.htm

‘Tis the season for making resolutions and setting goals. Try exploring these three areas to dig deeper into QuickBooks Online. https://www.bakersfield-cpa.com/content_library.htm

Keeping your supplies coming in may be difficult right now. Be sure you know your vendors and track their records carefully. https://www.bakersfield-cpa.com/content_library.htm

If you’re having to drive for work during the pandemic, let QuickBooks Online make sure you’re recording all of your deductible mileage. https://www.bakersfield-cpa.com/content_library.htm