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If you feel like you’re working as hard as you can and you still aren’t saving money, it’s likely that a household budget will help. Household budgets force you to take a hard look at how much you’re bringing in each month and how much you’re spending. You can use a variety of means to create a household budget, such as budgeting software, spreadsheet software or just a reliable pen and piece of paper.

For both private individuals and small business owners, the threat of financial scams is all too real. Every year, billions of dollars are lost to criminals who have perfected various scams. In many cases, once your money is gone, recovering it is almost impossible. Along with the embarrassment that comes with being conned, you or your business may face extreme financial hardship.

When choosing a CPA, you have many choices. Ideally, you want to find a CPA with whom you can establish a long-term relationship with. This way, you both get to understand one another’s work styles and processes, the CPA will get to understand your business in depth, and you will have a trusted partner in your personal and/or business success.

Understanding the Difference Between a “Tax Preparer” and a CPA

Before the pandemic, many workers often fantasized about what it would be like to work from their homes. When the pandemic struck, many of them got to find out. Thanks to employers shutting down offices, employees were suddenly working remotely from home. If you are included in this group of workers, you may now be concerned about how this may impact your taxes.

When you take a close look at people who are successful in their careers and other areas of life, you may think they do not seem that much different from yourself, and you would be right. In fact, what makes some people more successful than others is a very thin line. In most cases, it comes down to the mindset you have regarding situations you face on a daily basis.

As a business owner who handles many aspects of your company's finances on a regular basis, you already have a reasonable idea as to just how much your business is worth. However, there may be times when you will need to know the worth of your business down to the last penny. When you do, this means you will need what is known as a business valuation.

Under ordinary circumstances, you would spend several months closing down a business. Unfortunately, the COVID-19 pandemic has made sure these are not ordinary times. As a result, circumstances may have dictated you close your business much faster than normal.

When you are facing various types of financial difficulties or are in the midst of undergoing a major financial change in your life, consulting with a CPA you know and trust can make any situation easier. Whether you are facing an IRS audit, have questions regarding your business or investments, or are dealing with the death of a loved one, it is vital you get expert financial advice as quickly as possible.

As the COVID-19 pandemic stretches into 2022, companies and employees are facing unprecedented challenges. While some workers, especially those in health care and education, have expressed concerns and filed complaints or lawsuits pertaining to mask and vaccine mandates and other measures, the fact is most employers are trying to put measures in place to keep employees safe.