Tag: tax returns

Tax Return Preparation: Leading the Way to a Strong Financial Plan

Tax Return preparation! The thought probably never crosses your mind, but tax planning is an extremely integral piece of maintain a strong financial plan. Most people sadly don’t concentrate on tax planning, and scramble to get their taxes done every year so they can get the sweet little check! However, if you properly prepare for tax season, chances are your return will be much more satisfying. Tax return preparation should be maintained through an entire year, and not at the very last minute! Staying organized and keeping records is an excellent way to obtain a strong financial plan and get the most bang for your buck!

Taxes impact one’s financial well-being in a big way, especially for those who are self-employed or business owners. Take enough time to plan for the current year and make necessary adjustments to help keep things on track. Hiring a CPA is a great way to maintain financial success.  Tax law and changing tax codes happen all the time, which can affect your taxes in a negative way. Tax return preparation can help you be ready if those changes are a factor for you. Taking control of your taxes and saving money is what tax planning is all about! Who doesn’t want to save more money? When you actively keep records of your spending, realizing what you’re paying for can help you make cuts much easier.

Tax return preparation will help you take control of your taxes, and be ready well in advance when tax day springs upon us. It’s important to always remember that the tax code is complicated, and Michael J. Yuda,  CPA in Hawaii can help un-complicate them!

Aloha!

5 Small Tricks to Save Time with QuickBooks

QuickBooks Time Savers!When it comes to QuickBooks bookkeeping things can get rather complicated and tedious. However, with a few tricks and tips, you can save time when you’re doing your QuickBooks bookkeeping. QuickBooks is an extremely powerful tool, but like any other advanced programs, QuickBooks has its learning curves. If you manage to do your own QuickBooks bookkeeping, then follow these amazing tricks to help save time when you’re bookkeeping.

  1. Batch Invoicing: QuickBooks allows a user to invoice multiple customers at once for the same item.  This simple trick can cut hours of time off every month.
  2. Customize your icon bar: Customizing our icon bar to include your most used features will make your bookkeeping easier and faster. I bet you wish you thought of that earlier!
  3. Price Changing: If you need to increase prices on a number of items on your list, don’t sit and change the number one-by-one. Using the change item prices tool to change selected items by a percentage will cut a large fraction of time off of your bookkeeping.
  4. Find:  The find feature is no secret to accountants, but many people overlook this amazing feature. The find feature in QuickBooks can helps do a speedy search for transactions, accounts, check numbers, items and any other material you may need. Using find will have you flying through your books.
  5. Email your invoices: If you’re going the old fashioned route and still sending paper invoices, make the switch to Email today! Setting up Email invoices is quick and will save you hours per month.

QuickBooks is a great tool, but hard to conquer without proper guidance. If you’re still stuck, or feel that you’re wasting a lot of valuable time, consulting Yuda QuickBooks ProAdvisor Hawaii can help put you on the right path.

Aloha!

Why Choose a CPA as your Tax Consultant?

Why hire a CPA to do your taxes?

For many, the idea of doing taxes is equivalent to a nightmare.  Tax laws are tricky all on their own, but the manner in which they are always changing makes keeping up a daunting task.  When preparing to file your business or personal taxes, consulting a CPA can help ensure that your taxes are done correctly.  Simple errors and mistakes in your tax form can cost you penalties with the IRS, and nobody wants the IRS breathing down their backs!  Having your taxes prepared by a CPA can save you from making errors, and help ease the stress of having to figure out how to do them yourself.

In many instances, a CPA will save you money by assuring that you claim all deductions that you are entitled to.  We know the laws and what you are legally entitled to claim to avoid tax penalties.  With extensive training and testing, a CPA tax professional is familiar with state and federal laws, and will help you get your taxes done correctly and quickly.  Using a CPA tax consultant makes taxes seem not so scary anymore. Let a professional handle your tax return preparation, so you can go out and enjoy the sun!

Aloha!