Oliver Sumruld

Accounting is one of the most important parts of any business and it’s critical that you have a highly competent person at the helm. Thoroughly interviewing potential hires can help ensure you select the best person for the job. Make sure to ask all-encompassing screening questions in order to understand their approach to each aspect of accounting. #PSTAP https://lnkd.in/eRG5XzyH

Keep in mind some basic #IRS #tax tips for the sharing economy.

The best time to start tax planning is right after tax season ends. Here’s 5 reasons why getting a head start can benefit your business: 1. Allows you to identify opportunities early. 2. Helps you regularly track income and expenses to ensure accuracy and compliance. 3. You can adjust your tax strategies based on changes in tax laws or your financial situation. 4. Helps you plan your purchases and expenses to maximize eligible deductions. 5. You will receive expert advice on tax planning strategies tailored to your business. Starting your tax planning early gives you ample time to implement strategies that can reduce your tax burden and improve your financial health. Start your tax planning now to maximize savings and stay ahead of the game. Contact us today for expert tax services and personalized strategies! https://lnkd.in/esz2Hp9q #TaxSeason #TaxPlanning #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

Let’s debunk some common misconceptions about accounting careers. Accountants Need to Be Math Geniuses: Contrary to popular belief, accountants don’t need to be mathematical prodigies. While they should understand basic algebra and statistics, modern software programs handle the most complex calculations.  Accountant Jobs Are Boring: The stereotype of accountants as dull pencil pushers is outdated. Today’s accountants break free from cubicles and redefine their roles. They fight climate change, work with sports teams, provide tax services to entertainers, and contribute to cultural change at work. Accountants Exclusively Do Taxes: While tax is one specialty, CPAs also focus on financial reporting, finance, management, audit, assurance, and strategy.  Accountants Will Be Automated in the Future: Although some accounting processes are automated, accountants won’t be replaced by robots. CPAs add value through problem-solving, critical thinking, creativity, and logic.    Are you looking for your next opportunity? We have vacancies in our network for positions in Canada and US, such as: - Accountants - Auditors - Finance Managers - Tax Managers - Tax Associates   Send your resume to recruiting@oakdaleconsulting.ca and we’ll schedule a time to meet and see what opportunities align with your career aspirations.   #accounting #finance #careeradvancement #oakdaleconsulting

WRITE-OFFS!! Obviously, we are not giving tax advice here. That is for your CPA. We are frequently asked about " write-offs, " and our belief is simple here. If you can use the item or expense anyway, then a write-off is a nice added benefit. However, buying or spending simply for a write-off is akin to using a coupon for something you don’t need. Why pay the interest or even spend the money if it’s not something that drives your goals? #TheRetirementPlanningGuru #tax #taxes #taxplanning #taxwriteoffs #financial #finance #financialadvice #financialtips #financetips #investment #invest #investing #investmentadvice #investmenttips #investmentadvisor #investmentadvisors #financialadvisor #financialadvisors #hudsonvalley #hudsonvalleyny #retirement #retirementplanning #retirementplan #retirementadvice #retirementtips

GenAI has a lot of potential, but #accountants have to learn how to harness it. GenAI as a differentiator: https://lnkd.in/gNTYYWdQ via @accountingtoday

Mastering the payroll nexus rules for businesses with remote or hybrid teams across various states is essential. Learn how these specific regulations affect your tax and #payroll strategies. ➡ https://lnkd.in/dngqdR7Y ✅ We're diving deep into state-specific compliance, reporting duties, and beyond.  ✅ Keep your business on top with our professional advice! #PayrollNexus #RemoteWork #BusinessCompliance #PayrollTaxes #payrollservices #payrollmanagement #payrolltech #payrollsoftware #payrollprocessing #PayrollSpecialist #VantagePoint #HybridWork

What is Your Approach to Setting Up Payroll Taxes for a New State Or Jurisdiction? - https://lnkd.in/g8qMUGnN #Payroll #PayrollTax #PayrollTaxes Article via Featured, an expert insights platform