Our Blog
When is the IRS Really the IRS?
Know the Signs of a Scam Tax season may only consist of a few months but tax scammers work year-round, so it is important to know the tell-tale signs of an IRS scam. Here are a few tips to spot a scam: Caller ID is not fact. People can manipulate caller ID to appear...
Tips for Next Tax Season
Photo courtesy of Rawpixel How Should Business Owners Prepare for Next Tax Season? The average person may not have to think about taxes up until the tax deadline, but that is not true for business owners. Here are some keys to a successful season:...
NEW Client Spotlight: Mr. Frank’s Spice Co.
Andrews Tax Accounting is Proud to Showcase our Client Mr. Frank’s Spice Co. At first glance, you may think Mr. Frank’s Spice Co. is just your run-of-the-mill spice producer, but the company stands for much more than that. It is a legacy. Founder, Lisa Campbell,...
Who is the Mastermind Here?
Who is the Mastermind? You may have thought that the mastermind behind Andrews Tax Accounting was Jeri Andrews, but you would be wrong. The true brain of the company is none other than Emy. As you can see, Emy is very capable of using programs like QuickBooks. Links...
Why Every Business Owner Needs a Business Bank Account
Reasons to Have a Business Bank Account The following is a few reasons why every business owner needs a separate bank account for business transactions. Image-Writing checks or accepting payments through a personal account makes a company appear new, inexperienced,...
How Does Reshaping the IRS Help You?
Improvements to Hopefully Come Recently, legislation has been brought to Congress to redesign the Internal Revenue Service into a taxpayer-first agency. Taxpayer-first means the agency will focus on service instead of just enforcement and collections. Not only that,...
What Clients Want From Their Accountant
Considerations To Make Before Choosing Clear Books, a software company similar to Intuit, conducted a survey of small businesses in the UK to determine the needs of business owners in regards to their accountants. Image by Clear Books {http://ow.ly/xDVA30jIRXR} Clear...
Business Deductions Most Business Owners Can Make
Possible Deductions Business owners can make many deductions for their expenses. Below are a few of the most common deductions, but these are certainly not all the deductions business owners can make. Rent Expenses Most businesses can deduct their rent expenses if...
Do You Need to Outsource Accounting?
Why Should You Outsource? The biggest determination of whether to hire an in-house accountant or to outsource comes down to price. The salary of a full-time accountant is roughly $60,000 a year. The salary of a full-time bookkeeper is around $45,000 a year. So, hiring...
How are the Goals of the UN Similar to an Accountant’s?
The Goals of the United Nations and the Accounting Industry The United Nations' assembly agenda has 17 sustainable development objectives aimed to be achieved by 2030. You may be wondering “Why is an accounting firm discussing UN goals?” Well, many of the intentions...
The Most Common Misconceptions of Tax Preparers
Untrue but Common Misconceptions Recently, Accounting Today, a trade magazine, collected the many misconceptions about tax preparers. The following is a list of common beliefs the public has towards tax preparers. All tax preparers are equal - This is the most...
A Couple of Irresistible Tax Jokes
Robert McKenzie, a tax humor connoisseur and partner at Saul Ewing Arnstein & Lehr, has been collecting tax jokes over the years. Here are a couple of the great ones in anticipation for April Fool’s Day! The Highest Perch A CPA goes into a pet shop...
Easy Ways to Minimize Your Taxes
“Minimizing taxes may be the difference between a profitable business and one that is just scraping by” -David Rae, Certified Financial Planner Follow these tips to save on taxes: Listen to your tax professional but be sure to find a professional you can trust. Track...
Artificial Intelligence and Accounting
Artificial Intelligence in the Accounting Industry Not much innovation has been seen in the accounting field since double-entry bookkeeping. Today, there are various bookkeeping programs that accountants can take advantage of. For example, QuickBooks Online allows...
The Office Dog and Receptionist, Emy
Emy Meet Andrews Tax Accounting’s new receptionist, Emily. Her friends call her Emy. She can’t pick up the phone but she sure does love greeting people who come to the office. She may follow you around because she loves attention and get this...hugs! Don’t fall for...
Is Tax Season Crazy Stressful for You?
Do You Find Taxes Stressful? You're Not Alone! A survey conducted by TaxSlayer, a tax prep software, found that 52% of taxpayers find filing season stressful. What is stressful? -Collecting the right tax documents -Understanding tax laws -The uncertainty of the...
Mistakes With Accounting
Common Mistakes Clients Make With Accountants Below, Alex Katz, the chief financial officer of Venture Capital, lists the most common mistakes made when working with an accountant. • Using an online accounting tool instead of investing in a trained and professional...
Happy Valentine’s Day!
An Accounting Poem From Everyone at Andrews Tax Accounting to You! Happy Valentine's Day! An Accountant's Valentine By David Albrecht Debits are left, Credits are right, When first I looked at you, Love at first sight. Roses are red, Violets are blue, Balanced ledgers...