Tax season can be one of the most stressful times of year for small business owners. Between gathering documentation, reconciling accounts, reviewing deductions, and ensuring compliance, it’s easy to feel overwhelmed. Yet tax season doesn’t have to be chaotic. With the right preparation and financial leadership in place, it can become an opportunity to strengthen your business and plan... Read More
As the calendar year draws to a close, small businesses across Iowa are faced with one of the most critical times in their financial cycle: year-end financials. Preparing and closing out the year properly is not only essential for accurate tax filing, but it also sets the foundation for a strong start to the next fiscal year. If you... Read More
As Tax Day approaches, small business owners in the Des Moines, Iowa area must navigate both federal and state tax obligations to ensure compliance and avoid penalties. At CustomOne CFO & Controllers, we understand the complexities of tax preparation and offer this guide to help you through the process. Related: Getting Ready for Taxes with Your CPA! When are Federal taxes... Read More
Ready for taxes with your CPA It is that time of year again! This is the time when most companies call their Certified Public Accountant (CPA) or are considering hiring one, to complete their taxes. If you are working with an external CPA and paying by the hour, you want to make sure you have your information organized and ready... Read More
Tax Software Or CPA? As the deadline approaches here in the Des Moines area for filing income tax returns for 2017, there is a segment of the population who haven’t yet decided whether to do their taxes themselves, utilizing tax software like TurboTax or to hire the services of a CPA. Chances are, many of those who find themselves in... Read More
Tax Strategies If you are like a lot of people, you try to think about your personal or business taxes as little as possible. The problem is that taxes are retroactive on revenue or decisions you’ve already made. Strategies to save money on taxes take time to implement and it is a good idea to plan ahead to get maximum... Read More
