Ava Mitchell, Author at Atif CPA.

QBID: Qualified Business Income Deduction – 10 Tips for Accurate Calculations

The QBID: Qualified Business Income Deduction, introduced by the Tax Cuts and Jobs Act of 2017, offers a significant tax break for eligible businesses. Understanding and accurately calculating this deduction can save you a substantial amount on your taxes.

Bookkeeping Outsourcing: 10 Advantages You Need to Know

Outsourcing bookkeeping services has become increasingly popular among businesses of all sizes. As companies look for ways to streamline operations and reduce costs, outsourcing non-core functions like bookkeeping has proven to be a beneficial strategy. In this article, we'll

Cash Flow Statement: 9 Best Practices for Accurate Reporting

A cash flow statement is a vital financial document that provides insights into the cash inflows and outflows of a business over a specific period. Accurate reporting ensures businesses can effectively manage their cash flow, make informed decisions, and

Free Accounting Softwares: 10 Top Picks for Freelancers and Entrepreneurs

As a freelancer or entrepreneur, managing your finances efficiently is crucial to your business's success. Luckily, there are numerous free accounting softwares that can help streamline your financial tasks, from invoicing to expense tracking. In this article, we'll explore

Managed Payroll Services: 10 Success Stories from Small Businesses

As a small business owner, managing payroll can be a daunting task. It’s not just about ensuring your employees get paid on time; it’s also about compliance, accuracy, and efficiency. Managed payroll services have emerged as a vital solution

Business Advisory Services: 10 Strategies to Navigate Economic Uncertainty

In times of economic uncertainty, businesses face a myriad of challenges ranging from fluctuating consumer demand to disrupted supply chains. The ability to navigate these uncertainties effectively can mean the difference between survival and growth. Business advisory services play

Wealth Management vs Investment Banking: 10 Differences in Client Focus

In the realm of financial services, wealth management vs investment banking are two prominent fields that cater to distinct client needs and objectives. While both are integral parts of the financial industry, they differ significantly in their focus, services,

Financial Planning and Analysis: 10 Strategies for Success in 2024

Financial Planning and Analysis (FP&A) is crucial for businesses seeking to achieve and maintain financial health and growth. As we move into 2024, the landscape continues to evolve with technological advancements, economic shifts, and regulatory changes. To navigate these

Financial Needs Analysis: Top 10 Benefits for Personal Financial Planning

In today's complex financial landscape, achieving financial security and growth requires careful planning and strategic decision-making. One of the most effective tools to ensure you are on the right path is Financial Needs Analysis (FNA). This comprehensive assessment helps

How Much Do Accountants Cost? 10 Average Rates You Should Know

Accounting services are crucial for individuals and businesses alike, but understanding How Much Do Accountants Cost can vary widely depending on several factors. In this article, we'll explore the average rates for accountants and what influences those costs. How

Author: Ava Mitchell