Month: August 2022
Answering the Most Common Questions About IRS Audits
Whenever you file your yearly taxes, there is a possibility that the Internal Revenue Service may audit your tax return. The IRS carries out standard procedures to detect discrepancies or errors among taxpayers. If you are faced with an audit, you will need detailed information to help you understand your situation. Below are some of […]
Written by prositesfinancial • Aug 31 • 3 minute read
Helpful Tips for Tracking Expenses
Many people don’t realize how much money they actually spend each month until they begin to document everything. If you’ve not been tracking your expenses meticulously, you might be surprised at how much the seemingly small purchases can add up. By tracking your expenses, you can easily identify poor spending habits early before they turn […]
Written by prositesfinancial • Aug 24 • 3 minute read
How to Avoid Common Cash Flow Management Mistakes
Cash flow is crucial to the survival of your business. Managing money is an essential skill that every entrepreneur must hone as their business grows, but cash flow challenges can arise for a variety of reasons. Cash flow issues can be caused by miscalculations, forced growth, problems collecting payments, inadequate planning for financial challenges, and […]
Written by prositesfinancial • Aug 17 • 2 minute read
Important Tax Considerations if You Have a Foreign Bank Account
As a U.S. resident, owning a foreign bank account isn’t something you should take lightly. The IRS requires you to report your foreign bank account if your account balances exceed certain limits. As with any financial compliance issue, always make sure you consult with a skilled financial advisor or accountant regarding your foreign bank account […]
Written by prositesfinancial • Aug 10 • 3 minute read
Top 6 Strategies to Raise Brand Awareness
Brand awareness refers to consumers’ level of familiarity with your company, products, or services. By prioritizing brand awareness, organizations big and small can reach out to new audiences and maximize their marketing efforts. With today’s stiff marketplace competition, brands must find strategic ways of standing out from the crowd. There are many ways of building […]
Written by prositesfinancial • Aug 3 • 3 minute read