We specialize in bookkeeping, payroll, income tax return preparation, and retirement planning, and serve a nationwide clientele consisting of individuals and businesses of all types and sizes (LLC, partnerships, C & S Corporations), as well as trusts and estates. As financial problem solvers, we provide practical advice and proactive solutions with personalized service. We are affordable, experienced, and friendly, and we tirelessly study and research the ever-changing world of tax law and regulation so that we can help every client realize the greatest possible savings and return on investments. Our office is conveniently located in Dover, Delaware. Please contact us today to find out more about how we can make YOUR life less taxing!Tax
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It's easy to look at AI as the solution to your problems. But what it really does is magnify the problem areas that exist in your company already.
There are some key questions mentioned here that would be good for you to consider for your own business when incorporating AI.
AI Won’t Fix a Business That Wasn’t Working Before AI
www.inc.com
Technology cannot compensate for unclear processes, weak accountability, or a team that does not know what good performance looks like.0 CommentsComment on Facebook
๐๐ผ๐ฒ๐ ๐ถ๐ ๐บ๐ฎ๐๐๐ฒ๐ฟ ๐ต๐ผ๐ ๐ ๐๐ฒ๐ป๐ฑ ๐บ๐ ๐ฐ๐ต๐ถ๐น๐ฑ ๐บ๐ผ๐ป๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐ต๐ผ๐๐๐ฒ ๐ฑ๐ผ๐๐ป ๐ฝ๐ฎ๐๐บ๐ฒ๐ป๐?
Yes, how you transfer the down payment matters because the IRS and mortgage underwriters may want a clear paper trail showing where the funds came from. Informal transfers can create red flags and even stall the mortgage process while the source of the money is verified.
That means the gift amount you report to the lender should match the amount that actually leaves your account and reaches your child.
For a cleaner paper trail:
โข Use a traceable wire transfer or cashier's check
โข Save the bank statement or transfer record that shows the money leaving your account
โข Make sure the gift amount listed on the lender paperwork matches the amount you actually transferred
โข Avoid unverified cash or unstructured peer-to-peer transfers
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www.wsj.com/business/autos/gm-to-produce-patriot-missile-parts-as-u-s-faces-critical-arms-shortag...
If GM can turn assembly lines into missile production, you can definitely launch that new product line you've been putting off.
And just like GM, you can write off 100% of your new equipment in Year 1 using Section 179.
If you're adding a new revenue line before year-end and want guidance on how to structure it right, DM us.
GM to Produce Patriot Missile Parts as U.S. Faces Critical Arms Shortage
www.wsj.com
The Detroit automakerโs partnership with Lockheed Martin is a potential lift to Americaโs munitions supplies depleted by the conflicts in Ukraine and the Middle East.0 CommentsComment on Facebook
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First State CPAs & Associates |
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18 S. State St, Dover, DE 19901 |
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| (302) 736-6657 | |
| Business Hours | |
| January 1st January 31st | |
| MondayโFriday: | 8amโ5pm |
| Saturday & Sunday: | closed |
| February 1st April 15th | |
| MondayโThursday: | 8amโ6pm |
| Friday: | 8amโ5pm |
| Saturday: | By appointment |
| Sunday: | closed |
| April 16th December 31st | |
| MondayโThursday: | 8amโ5pm |
| Friday, Saturday & Sunday: | closed |