Ava Mitchell, Author at Atif CPA.

QBI Deduction Phase-Out 2024: What It Means for Small Business Owners

QBI Deduction Phase-Out 2024: The Qualified Business Income (QBI) deduction, introduced by the Tax Cuts and Jobs Act (TCJA) of 2017, has provided a valuable tax benefit to small business owners and self-employed individuals. This deduction allows for a

Offshore Accounting 101: A Comprehensive Guide

In today's interconnected global economy, businesses often seek strategies to optimize their financial operations. Offshore accounting emerges as a viable solution for companies looking to enhance tax efficiency, protect assets, and expand internationally. Understanding the fundamentals of off shore

Tax vs Audit: Understanding the Key Differences

In the realm of financial management, two terms often come up that are crucial to both individuals and businesses: tax vs audit. While they may sound similar, they serve distinct purposes and require different approaches. Understanding the key differences

Virtual CFO Services: 10 Benefits for Your Small Business

In today's competitive business environment, small businesses need to leverage every advantage they can to succeed. One of the most impactful decisions a small business owner can make is to hire a virtual Chief Financial Officer (CFO). Virtual CFO

Receivables Outsourcing LLC: 10 Benefits of Partnering with a Professional

In the dynamic business environment, managing accounts receivable efficiently is critical for maintaining cash flow and overall financial health. This is where receivables outsourcing comes into play. Partnering with a professional firm like Receivables Outsourcing LLC can offer numerous

Flash Report: 10 Emerging Startups to Watch in the USA

The startup ecosystem in the USA is thriving with innovation, attracting investors and talent from across the globe. From groundbreaking technologies to disruptive business models, emerging startups are shaping the future. In this Flash Report, we highlight ten startups

Accounting Ratios Cheat Sheet: 10 Essential Formulas You Need

Accounting Ratios Cheat Sheet:Understanding the intricacies of financial analysis is crucial for assessing the health and performance of any business. Central to this understanding are accounting ratios, which provide vital insights into various aspects of a company's financial position.

CEO vs COO vs CFO: A Comprehensive Comparison

In the corporate world, understanding the distinct roles and responsibilities of key executive positions is crucial for both employees and stakeholders. The CEO vs COO vs CFO are pivotal to an organisation's success, each bringing a unique set of

CPA Data Solutions: 10 Strategies to Maximise Efficiency

In today’s fast-paced business environment, CPA firms must leverage the latest data solutions to stay competitive and efficient. The right CPA data solutions can streamline workflows, enhance accuracy, and free up valuable time for strategic decision-making. Here are ten

Misty Business: 10 Strategies to Thrive in Uncertainty

Navigating uncertain business landscapes requires resilience, foresight, and strategic planning. In the realm of "Misty Business," where clarity is obscured and risks abound, adopting effective strategies can not only mitigate challenges but also foster growth and innovation. This article

Author: Ava Mitchell