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Latest Blog & Articles
Discussion of the latest issues affecting our clients.
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What does it cost to have a CPA do your taxes?
The national average cost of tax preparation is under $300, including all unlicensed and non-professional preparers. A CPA with tax experience, especially in the higher cost of living northeast region, is more. But that’s not the main point. Most CPAs in practice today do not offer to do just your tax return and nothing else.…
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Investing in water
A recent story on ABC News brings attention to several of the issues surrounding our choice to invest in water-based resources and operations. The article focuses on the obvious noticeable impact of salt water intrusion. The effects of salt water inundation are visibly noticeable every day here at Money Island. Visitors will notice that some…
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Small business cash flow management for a recession
Preparing for a recession means preparing for the unknown. That’s a tough thing to do! The best advice is to think conservatively and get a second opinion from a CPA with experience in recovery from recessions and other economic disasters. One tool is to use existing accounting data, supplemented with new information, to create…