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What is A Forensic Accountant?

The term “forensic” may bring to mind crime drama on TV, but forensic accountants are more than just Excel jockeys who happen to deal with criminal or civil cases. These accountants possess many other skill sets that make them especially valuable. Forensic accountants themselves may conduct investigations. Because of this, they must be well versed […]

#accounting for litigation#audits#forensic accounting

Written by prositesfinancialJul 15 • 3 minute read

Streamline Your Small Business Cash Flow With These 5 Tips

Regardless of the size of your business or the state of your cash flow situation and strategy, there are certain things that apply across the board. If your cash flow strategy could use a boost, here are several ideas to help you operate more efficiently, bring you to profitability and keeping you there. 1. Go […]

#business accounting#cash flow management#tips for business owners

Written by prositesfinancialJun 25 • 3 minute read

7 Key Steps to Forming a New LLC

If you have a small business of any kind, there are many reasons you might want to form an LLC. LLCs are eligible for more expense deductions than individuals, and they also provide significant liability protection. The acronym LLC stands for Limited Liability Company. An LLC exists as a separate entity from its owners, which […]

#business accounting#forming an LLC#new business formation

Written by prositesfinancialJun 11 • 4 minute read

Top 10 Questions to Ask Your Financial Planner

Once you’ve saved up a reasonable nest egg, it may be time to go looking for a dedicated financial advisor to help manage your portfolio. Finding someone to trust with such an important responsibility can be daunting. After all, this person or firm will be able to trade with your money and could make or […]

#accounting professional#financial planning#investment tips

Written by prositesfinancialJun 4 • 4 minute read

Filing 1099 Forms for Your Independent Contractors

The IRS form 1099-MISC, commonly abbreviated to just 1099, is a form that summarizes annual income from non-employee compensation for a tax filer. This form is what the IRS uses to calculate taxes on all the income independent contractors generate. If you paid more than $600 over the tax year to an independent contractor or […]

#1099 Forms#business accounting#Independent contractors

Written by prositesfinancialMay 21 • 4 minute read

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