by Karla Dennis | Jul 28, 2013 | Blog
One of the many advantages of having top notch Bookkeeping services is for the use of business forecasting and planning for the future. If you are a small business owner a big part of your goal is predicting and projecting what the future will hold for your bottom line. By utilizing third party Bookkeeping you are able to not cloudy the perception of your financial outlook thanks to an independent voice. There are certain times when it is very important for a small business owner to make well thought out business projectons in order to forecast the future. One of the most important times for this is when you are seeking financing. Whether through a bank, a best friend, or an angel investor anyone putting money in to your business will want to see what the future holds. Professional Bookkeeping that is always up to date is a great way to have this information readily available as to never hold you up. Business forecasting is also very important if you need to assess a certain good or service and whether or not it can grow your profits over time. Anytime you are making a big picture decision, including whether to cut staff or add more, sound financial forecasting is exactly what you will need. Your independent Bookkeeping service can have projection and forecasting information available for you whenever it is needed as well. Having an accurate and up to date profit and loss statement is certainly be one of the best ways to predict your businesses future. This can be better executed by making note all of expenses and...
by Karla Dennis | Jul 25, 2013 | Blog
How To Handle Your Tax Issues If you’ve been working with a tax resolution specialist but they were unable to help you resolve your tax issues with the IRS, maybe it’s time you consider a different company that specializes in tax resolution. Thankfully, there’s one that offers a variety of different tax issue services and has Enrolled Agents, some of which used to work for the IRS and that’s Karla Dennis And Associates, Inc.™. At KDA, we’ve seen it all when it comes to tax issues with the IRS; whether they’re putting a levy on your bank account, you’ve received an audit letter, tax lien or even if you’re already making payments to the IRS but aren’t able to afford them, we can help you with your situation. Some of the services we provide are an offer in compromise, meeting with an auditor on your behalf, refiling a tax return or filing an innocent spouse claim. Whatever it takes to get your problems resolved, we put them into play with our tax resolution services. Many people that currently have tax issues are under the impression that there isn’t anything that you can do about it especially if they’ve worked with a tax resolution specialist in the past without any solution. There are tax resolutions to each and every type of tax problem, you just have to take action and know where the appropriate places to seek tax issue relief. read...
by Karla Dennis | Jul 24, 2013 | Blog
Hi, this is Karla Dennis, CEO of Cohesive, a tax consultancy and tax preparation firm licensed in all 50 states. Today I want to talk to you about choosing the right tax professional and why it’s so important to you. In our economy, it’s extremely important that you work with a tax professional that keeps up with all the ups and downs in the economy as well as your objectives. In order for you to get a better tax return, a lower tax liability you have to be working with someone that has a mindset of wanting to push you to the next level. read...
by Karla Dennis | Jul 22, 2013 | Blog
There are several tax deductions readily available for homeowners such as debt consolidation to private Mortgage Insurance premiums. If you are on the fence regarding mortgage refinancing, the tax advantages you could gain could be enough to push you over. Here are many guidelines to help you choose if the tax benefits of refinancing mortgage are good for you personally. Home mortgage refinancing For Debt Consolidation: When refinancing your home loan to consolidate your bills you are simply borrowing more than you owe within your current mortgage. The actual distinction involving the new quantity you borrow and what you owe on the old mortgage will be paid to you personally in cash. read...
by Karla Dennis | Jul 22, 2013 | Blog
Financial forecasting reminds me of the weather – you make your forecast at a moment in time based upon the information currently available. You draw a conclusion and state your financial forecast. But then, the information changes, now it’s raining, and you’re caught without your umbrella! Financial forecasting, unlike the weather, isn’t a science but it’s not pure guess work either. It is a combination of the following: Knowing your business Understanding your marketplace Setting goals Using common sense. As a business strategist, I know that every small business needs to make reliable financial projections at one time or another. Forecasting is critical during the following stages of a company’s life span: read...
