As a small business owner operating as an LLC, you may be considering whether or not it’s time to file for an S-Corp tax election. Making the switch can have various benefits, such as potential tax savings and increased credibility with customers and vendors. But how do you know when the timing is right? Edgewater CPA Group discusses four key signs that indicate you’re ready to file for your S-Corp tax election.
Managing the financials of your business is just as critical as delivering outstanding service to your customers. Accurate bookkeeping not only serves as the foundation for making informed financial decisions but also streamlines operations for business growth. But how can that be? Edgewater CPA Group walks you through how timely bookkeeping is pivotal for your business and how it aids in informed decision-making, ensures tax compliance, and ultimately contributes to your business’s overall success.
A bookkeeper is someone who keeps track of your business’s financial transactions, such as expenses, income, and cash flow. However, hiring a full-time person can be expensive and time-consuming. Luckily, there is another option: the virtual bookkeepers from Edgewater CPA Group. Let’s explore the benefits of hiring our team for your business.