It’s Never Too Late to Hire An Accountant

It’s Never Too Late to Hire An Accountant

We’re 10 days from the 2018 tax filing deadline, do you know what your results will be? Did you file a tax extension because your financials were messier than you realized? You’re not alone. If you run a business and arrived to tax season unprepared, it’s most likely because you neglected to keep up on your financial record keeping. If you haven’t already done so, you’ll soon be faced with spending countless hours organizing your information. The worst part of that is if you’re not versed in accounting, you might not get the right answer!

Your Rich Uncle Doesn't Do His Own Taxes and Neither Should You

Your Rich Uncle Doesn't Do His Own Taxes and Neither Should You

Thinking of doing your taxes yourself this year? Maybe you should think again. We have our first official Tax Court decision of 2019 and it’s a doozey. If you start to get nervous while you read this remember that Eliseo CPA, PLLC, the best accounting firm in Charlotte, is always here to help!

Can You Get a Tax Write Off on a Car Purchase?

Can You Get a Tax Write Off on a Car Purchase?

Are you thinking about writing off a new car purchase for your business? Have you done your homework? Does it meet the obscure Section 179 requirements to be fully deductible on your tax return? Maybe it only qualifies for a certain deduction percentage or is limited to how much can be deducted because of the type of vehicle.

Do You Think That Your Accountant Needs to Live In Your Area? This Important Question Broken Down & Discussed by Our Small Business Accountant in Charlotte, NC

Do You Think That Your Accountant Needs to Live In Your Area? This Important Question Broken Down & Discussed by Our Small Business Accountant in Charlotte, NC

In a technology driven universe, almost everything can be done online. Are you aware that this also applies to financial and accounting services? Bet you didn’t know that your CPA does not need to live near you! It mostly depends on your personal comfort when dealing with your financial situation. Hiring an accountant will take stress off of you in terms of your personal and small business financial information and having someone on board that you know you can trust, are comfortable working with, and who clearly knows their stuff can make all the difference. So, why should you consider and feel comfortable with an out of state accountant? Read on.

Undervaluing Yourself and What it Can Cost You and Your Business

Undervaluing Yourself and What it Can Cost You and Your Business

Business owners are cut from a different cloth. They learn certain skills and amass expertise in their fields and then take that aptitude to the market for sale. To be successful you must be proficient, driven, and knowledgeable at the expense of investing endless amounts of time and money. Once you cross the entrepreneurial threshold you are now ready to add value only you can personally provide in your industry. All this being said, don’t you think you should get paid what you’re worth? Seems like a lot of effort and risk to have others tell you what you should be paid.

The CPA of Charlotte, NC

The CPA of Charlotte, NC

Eliseo CPA, PLLC, the Charlotte accountant for personal and small business that provides a full range of personal and business services that include accounting, payroll, consulting & advising, controller & CFO support, tax preparation & resolution, financial planning & strategy, and bookkeeping.

Separate Your Piggy Banks: The Importance of Having Business vs. Personal Accounts

Separate Your Piggy Banks: The Importance of Having Business vs. Personal Accounts

When you run a business, you have a lot to manage. Sometimes things get overlooked in the beginning, like setting up a bank account dedicated solely to the business. Why would that be important? Well, for starters, it helps keep your business and personal transactions separated, which is a best practice. There are also the legal issues which can result if you do not take the time to separate the two types of transactions. Nowadays many banks offer free business checking accounts so there shouldn't be much holding you back.

A Hidden Gem for all New & Existing Small Business Owners: The Library System

A Hidden Gem for all New & Existing Small Business Owners: The Library System

People don’t realize that libraries have loads of valuable information for everyone, including small business owners or individuals hoping to start a small business in the near future.

Top Reasons you need Tax Planning from the Best CPA in Charlotte, NC

Top Reasons you need Tax Planning from the Best CPA in Charlotte, NC

Save money. Live better. Tax planning! Oh, you thought we were going to say Wal-Mart?! Well, if you follow the guidelines here you’ll save more than your average trip to the store for groceries or personal items. As the best Charlotte CPA firm, this is exactly what we can do for businesses and individuals with our tax planning services.

7 Essential Things Every New Business Owner Should Know to Prepare for Success

7 Essential Things Every New Business Owner Should Know to Prepare for Success

If you’re preparing to start your own small business there can be a lot of overwhelming paperwork and checklists of important things to complete. Before you dive into the process there are some things you should know to increase your chances for business success.

Common Business Startup Expenses

Common Business Startup Expenses

If you’re thinking about starting a new business, side hustle, or grind, you’ve got to know what you’re getting into. Every business will incur startup expenses in the beginning and you can’t just expect that customer sales will keep fuel your fire.

Inventory Management 101: The Simple and Painless Way to Manage Your Inventory

Inventory Management 101: The Simple and Painless Way to Manage Your Inventory

Did you know that within five years of opening the first Walmart, Sam Walton was making over $12 million per year? And that’s in 1960s money! Today, that would equate to roughly $90 million per year. In reality, Walmart makes over $400 billion per year now. Yes, billion

Top 5 Bad Accounting Habits That Could Be Holding Your Business Back

Top 5 Bad Accounting Habits That Could Be Holding Your Business Back

the survival of your business depends on having a solid financial plan, which means streamlined record-keeping, consistent financial analysis and, perhaps most importantly, cash flow management. The problem I typically see in small businesses is lack of knowledge about the most efficient and effective way to handle the accounting side of things

Everything You Need to Know About Filing All the Correct Tax Forms On Time, Every Time

Everything You Need to Know About Filing All the Correct Tax Forms On Time, Every Time

We help small businesses navigate through the sea of confusing paperwork to make sure the right forms are sent out at the right time. To give you a better understanding of how it all works, we’ve created this convenient list of important documents and their due dates.

How You Can Buy a Tesla Model X and Write it Off as a Business Expense Like Elon Musk

How You Can Buy a Tesla Model X and Write it Off as a Business Expense Like Elon Musk

A couple of months ago I was asked an interesting hypothetical question by one of my clients. He’s got his eye on the highly anticipated new Tesla Model 3 that is set for release next year and wanted to know if his business could purchase the vehicle and use it as a marketing expense