by Murry Englard, CPA | Mar 30, 2022 | Accounting, Murry Englard CPA, Taxes
An accountant is responsible for performing various financial functions for a company or organization, such as recording financial data, analyzing financial statements, and preparing reports. A middle-sized company may hire an accountant to serve as its financial...
by Murry Englard, CPA | Feb 2, 2022 | Accounting, Murry Englard CPA, Taxes
When running a small business, saving on expenses should be your number one goal. And one of those expenses to save on is your taxes. You should pay all your business taxes on time, but you can still save on them legally. There are many ways to make sure that you pay...
by Murry Englard, CPA | Dec 8, 2021 | Accounting, Murry Englard CPA
Net income is a business’s profit or loss after deducting all its operating costs. It is also known as “the bottom line,” and it’s the profit left over for owners to take home. Net income might not seem important, but it can tell how well your...
by Murry Englard, CPA | Oct 22, 2021 | Accounting, Murry Englard CPA, Personal Finance, Taxes
It is more important than ever to have a good handle on your finances in today’s world. With the state of the economy and rising costs for everything from groceries to gas, you need to keep track of what you spend so that you can make sure that your money is...
by Murry Englard, CPA | Sep 20, 2021 | Accounting, Murry Englard CPA, Personal Finance
Of all the lessons you’ll teach your kids, managing money is easily among the most important. Training children early in life to recognize and respect the value of money will set the stage for self-responsibility, sustainability, and all-around comfortable...
by Murry Englard, CPA | Jul 27, 2021 | Accounting, Murry Englard CPA, Personal Finance, Taxes
Adjusted gross income is utilized to calculate your credits and allowable deduction from your income. It is your pre-tax income (after all deductions and credits) less the tax. If your adjusted gross income goes lower than the threshold amount, you get to deduct the...
