Nicole Angiuoli, CPA

The first 2023 tax year deadline is almost down and the end is in sight! While many 🇨🇦 accounting pros are wrapping up personal income tax preparation work today, we know lots of you still have a few more deadlines to make 💼 We've got you - we're here to cheer you on every step of the way! 🎉 🙌 #KeepCalmAndTaxOn

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Below is a link to an article that discusses how a pilot program that was developed to offer a flexible and affordable way for CPA candidates to complete additional credits required for the CPA license has received early positive reviews. The program addresses issues with the cost of the fifth year of college being a barrier for potential CPA candidates, and ability for CPA firms to attract and retain new CPA professionals. https://lnkd.in/gkxXYkNe

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Are you looking for ways to grow your firm by hiring new talent? If so, you may have experienced difficulty finding candidates who are recent CPA graduates or new CPAs. Learn what’s working for others in this recent article from CPA Business Advisors, Inc.: CPAs Provide Six Ways to Replenish the Talent Pipeline. https://lnkd.in/enE2AZF4

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Understanding New York’s Tip Credit Several states have already done away with tip credit for food service workers, and more are exploring the option, including New York. While the debate continues about whether this is a positive or a negative for restaurants and employees, New York has moved ahead with changes to wage theft laws, along with minimum wage increases starting this year and continuing in 2025 and 2026. This makes understanding how the tip credit works in New York even more important as mistakes can be costly and even result in criminal proceedings.

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Last month Governor Brian Kemp of Georgia signed into law two significant bills – House Bill 1015 (HB 1015) and House Bill 1023 (HB 1023) – that will reduce taxes for both residents and corporations in the state. Read more from Tim Clancy in our Resource Center! #Georgiataxes #taxplanning #incometax #corporatetax #taxlegislation

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WHY IS ACCOUNTING IMPORTANT? Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions. There are three key financial statements generated by your records. *The income statement provides you with information about the profit and loss *The balance sheet gives you a clear picture on the financial position of your business on a particular date. *The cash flow statement is a bridge between the income statement and balance sheet and reports the cash generated and spent during a specific period of time. It is critical you keep your financial records clean and up to date if you want to keep your business afloat. Here are just a few of the reasons why it is important for your business, big or small! -IT HELPS IN EVALUATING THE PERFORMANCE OF BUSINESS Your financial records reflect the results of operations as well as the financial position of your small business or corporation. In other words, they help you understand what’s going on with your business financially. Not only will clean and up to date records help you keep track of expenses, gross margin, and possible debt, but it will help you compare your current data with the previous accounting records and allocate your budget appropriately. Read full article 👇🏽: https://lnkd.in/eakzEYC #elizabethrobertsaccounting #financialaccounting #accountingservices #accountingtips #taxtips #taxplanning #taxprofessional

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Accountants recommend widening the tax base for state revenue boost. Read more on the link.

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Before you start studying for the CPA Exam, create a strategy for how you are going to attack the content. Breaking study materials up into sections and schedules will help keep you on track to success! #CPA #Accounting #Students #MOCPA #TipoftheWeek

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You’re not alone in the struggle to retain top talent; many accounting firms are struggling, too. While you can’t control whether someone decides to stay or leave, you can control your firm’s environment. Learn more, on the blog: https://bit.ly/3vCcAhX #accountingandaccountants #staffingshortage #accountingfirms

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Want to unlock the full potential of your CPA partnership? Here are 5 tips: Ask questions: Don't be afraid to seek clarification on financial matters. Take notes: Keep track of questions or topics you want to discuss throughout the year. Communicate openly: Regular check-ins ensure you're on the same page. Don't wait: Reach out before tax season for proactive planning. Long-term strategy: Work with your CPA to develop a financial roadmap for your business's future. #choosepattar 🔹 #smallbusiness #financialadvice #businesssuccess #doingindyright #indybusiness

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The deadline for our 2024 Accounting4Leaders Externship program has been extended! 📅 Students now have until May 3rd to apply. Don't miss this great opportunity to learn more about Boyer & Ritter and the world of public accounting! Link to apply: https://buff.ly/4d8VJnD #accountingcareers #accountingexternship #publicaccounting #TeamBoyerAndRitter"

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Unlock potential savings with our expert guide on year-end tax planning for high earners. Discover essential strategies to maximize opportunities and minimize tax liabilities. #taxplanning2024 #highnetworthclients #cpa #professionalservice

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As a tax professional, you are likely familiar with how learning and development are ingrained, necessary functions of your role. Additionally, no matter if you serve clients within a firm or as a freelance tax preparer, you may wish for a sense of professional community that can support you in times of complexity or challenge. One prominent answer to these charges in tax preparation is finding tax professional groups specifically designed for your needs. Read more in our blog post below. https://lnkd.in/dv86dWD2 #DrakeSoftware #TaxNetworking #ProfessionalGroups #TaxPreparerOrganizations

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Welcome to Hilton CPA's Solopreneur Accounting and Tax Program! Are you a solopreneur juggling a multitude of tasks, from managing your business to keeping up with your finances? Do tax seasons and quarterly payments leave you feeling overwhelmed and stressed? We understand the challenges you face and are here to alleviate your pain points with our comprehensive program tailored just for you. Here's what our program includes: Personal Tax Return Preparation: Say goodbye to the headache of navigating complex tax forms. We'll handle your personal tax return preparation from start to finish, ensuring accuracy and maximizing your deductions. Quarterly Estimated Tax Payment Calculation: No more guessing games with quarterly tax payments. We'll calculate your estimated tax payments, keeping you compliant and avoiding penalties. Annual Accounting/Bookkeeping: Let us take care of your day-to-day bookkeeping tasks so you can focus on growing your business. Our team will ensure your financial records are accurate and up-to-date. Post Tax Return Review Meeting: After your tax return is filed, we'll schedule a review meeting to discuss any questions you have and strategize for the future. Xero Accounting Software Subscription: Gain access to powerful accounting software to streamline your financial management. Xero makes invoicing, expense tracking, and reporting simple and efficient. Secure Client Portal: Your data security is paramount to us. Our secure client portal provides a safe and convenient way to exchange sensitive documents and communicate with our team. E-Newsletter: Stay informed and empowered with our exclusive e-newsletter. Receive updates on tax law changes, financial tips, and industry insights delivered directly to your inbox. At Hilton CPA, we're more than just accountants—we're your partners in success. Let us handle the financial aspects of your business so you can focus on what you do best. Say goodbye to overwhelm and hello to peace of mind with our Solopreneur Accounting and Tax Program. DM today and take the first step toward a brighter financial future