Bookkeeping and Accounting for Your HVAC Business: A Guide for Success
As an HVAC business owner, it’s essential to maintain accurate bookkeeping. Choosing a Chattanooga-based bookkeeping service can help you manage cash flow, inventory, and invoicing, ensuring your financial records are accurate. Learn how you can spend more time on growing your HVAC business when a CPA manages your bookkeeping.
Empowering Chattanooga Businesses: Why Accurate QuickBooks Bookkeeping Matters
Accurate QuickBooks bookkeeping empowers Chattanooga businesses with financial insights to make better decisions, avoid costly errors, and achieve peace of mind.
How to Apply for a Contractor’s License in Tennessee
To apply for a contractor's license in Tennessee, complete the business and law exam, provide a CPA-prepared financial statement, gather references, register with the Secretary of State, obtain insurance, and submit the application with a $250 fee. Learn more with our comprehensive guide.
How to Choose the Right Business Structure: LLC, C-Corp, S-Corp, and Beyond
Choosing your business structure (LLC, C-Corp, S-Corp, etc.) is crucial. Consider liability protection, taxes, growth potential, and flexibility. LLCs are common, but C-Corps might suit investors, while S-Corps can save on taxes. Learn more about which structure to choose for your business.
Free Up Time and Gain Peace of Mind: Outsourcing Bookkeeping for Chattanooga Rental Property Owners
Learn how Chattanooga rental property owners can benefit from outsourcing bookkeeping. You’ll save time, increase accuracy, and improve overall financial insights by choosing a Chattanooga-based bookkeeping service like Callison CPA.
Missed the Tax Deadline? Don't Panic: A Guide to Filing Late Taxes
Missing the tax deadline results in penalties and interest, but you can still file late. File electronically ASAP to minimize penalties. Gather documents, file electronically, and make a payment towards what's owed. Honesty is key, and communicate with the IRS if you can't pay in full.
Don't Get Taxed by Bad Advice: Debunking TikTok Tax Myths
Social media offers financial tips, but beware of tax myths on TikTok! In this article, learn about common tax deduction myths like gambling losses or pet write-offs. We explain taxable income and deductions, and why fraudulently claiming business expenses is risky.
Tennessee Contractors: Reviewed Financial Statements
Tennessee contractors require reviewed financial statements for licenses exceeding $1.5 million. These statements, prepared by a CPA, offer a level of financial verification. Callison CPA can help analyze your records, create the statements, and provide a limited assurance report. With proper preparation and a qualified CPA, you can secure the necessary documents to obtain your Tennessee contractor's license.
The April 15th Tax Deadline: What You Need to Know (And What If You Miss It)
The April 15th tax deadline is important, but there are options if you miss it. File as soon as possible, pay what you can, and consider a payment plan if needed. Gather your documents, choose a filing method, and remember, even if you're late, taking action is key.
All content on this blog is intended for general informational purposes only and does not constitute legal or professional advice. Please contact a member of our team for accounting advice specific to your situation or needs.