Ava Mitchell, Author at Atif CPA.

Business Controller: 10 Ways to Drive Financial Success

The role of a business controller is pivotal in steering an organisation towards financial success. By effectively managing financial data, providing strategic insights, and ensuring compliance, business controllers play a critical part in enhancing organisational performance. Here are ten

13-Week Cash Flow: 10 Best Practices for Effective Management

Managing cash flow effectively is crucial for any business. A 13-week cash flow forecast is a powerful tool that helps companies anticipate and manage their cash needs over a quarter. Here, we’ll explore 10 best practices for effective management

Temporary CFO Services: 10 Signs Your Company Could Benefit

In today's dynamic business environment, companies often face challenges that require strategic financial expertise. While large corporations typically have in-house CFOs, smaller businesses may find themselves needing specialised financial guidance on a temporary basis. This is where Temporary CFO

QBI Calculator: Simplifying Your Qualified Business Income Deduction

The Qualified Business Income (QBI) Deduction provides significant tax benefits for eligible businesses, allowing them to deduct up to 20% of their qualified business income. Understanding and accurately calculating this deduction is crucial for maximising tax savings. This article

Full Charge Bookkeeper: 10 Key Responsibilities You Need to Know

A Full Charge Bookkeeper plays a crucial role in the financial management of small to medium-sized businesses. Unlike regular bookkeepers, they handle a comprehensive range of accounting tasks, often functioning as the sole accounting professional in the company. This

Form 8995-A Explained: Step-by-Step Instructions for Filing

Form 8995-A is essential for taxpayers looking to claim the Qualified Business Income (QBI) Deduction under section 199A of the Internal Revenue Code. This deduction allows eligible business owners to deduct up to 20% of their qualified business income,

CPA Data Solutions: How to Choose the Right Software for Your Firm

In the fast paced world of accounting, choosing the right CPA data solutions is crucial for efficiency, accuracy, and client satisfaction. This comprehensive guide outlines key considerations and features to help your firm select the best software. CPA Data

Client Bookkeeping Solutions: 10 Must-Have Features for Success

Effective bookkeeping is the backbone of any successful business, providing accurate financial records and insights essential for decision-making. As businesses seek efficient ways to manage their finances, client bookkeeping solutions have become indispensable. To help you choose the best

8995 Form: 10 Tips for Ensuring Compliance and Avoiding Penalties

The IRS Form 8995, also known as the Qualified Business Income Deduction (QBID) Simplified Computation form, plays a crucial role in enabling eligible taxpayers to claim deductions on their qualified business income. However, ensuring compliance and avoiding penalties can

Quality of Earnings Report: Top 10 Red Flags to Watch For

Understanding the quality of earnings report is crucial for investors, analysts, and business owners. A QoE report assesses the sustainability and accuracy of a company's earnings. While it's an essential tool for evaluating financial health, it’s also important to

Author: Ava Mitchell