Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally. Therefore, when it comes to outsourcing your business duties, the first areas that might come to mind are most likely payroll, accounting, HR, or other similar tasks; leaving C-level outsource roles as one of the last things to present itself – but in fact, these functions are just as suitable for outsourcing.
In particular, a chief financial officer (CFO) is the senior executive responsible for managing the financial actions of a company. Their duties include tracking cash flow and financial planning as well as analyzing the company’s financial strengths and weaknesses. Subsequently, an outsourced CFO is someone who aims to see the future and takes proactive measures that keep things running smoothly. They may analyze risks, strategize, investigate cost and process improvements, study the industry, and stand ready to be accountable for the financials and other key issues.
In consideration of the name itself, an outsourced CFO is exactly what it sounds like. They are financial whizzes who offer their services to outside companies. Occasionally they are also known as fractional executives, who typically work for different companies that offer executive-as-a-service hiring. Similar to any outsourcing professional, outsourced CFOs predictably have a wide range of experiences, work histories, and capabilities that are significantly beneficial to your business in many ways.
Depending on your business’s current finance and planning needs, an outsourced CFO allows for the flexibility of determining how often you will need to use their services. Unlike a full-time employee, an outsourced CFO permits you to scale back in times where your business might be less demanding – which is easier than firing. Additionally, it can also be a wise decision for your company during times of fast growth. With your business fluctuating up or down throughout the year, having an outsourced CFO gives you the luxury of making otherwise difficult decisions, simple.
Another benefit of having an outsourced CFO is the cost of hiring one in comparison to hiring an actual full-time employee. It means you avoid paying for all the things that typically go along with a full-time employee such as benefits, increased office space, equipment, etc. Hiring an outsourced CFO can cost significantly less than paying someone to take on the position full-time.
Along with not having to pay the high price tag of a full-time CFO, organizations may also hire an outsourced CFO because of their expertise and knowledge. This comes as a huge benefit for smaller businesses since an outsourced CFO is able to provide valuable expertise that they might not be able to get from the level of a regular full-time CFO employee. Having a resource that they otherwise are unable to afford, especially during times of uncertainty is an immense perk.
In short, outsourcing your CFO role is more achievable than you might think! As a business owner, one action that you can take to ensure the stability of your company is to find a CFO who helps your business run smoothly, in any circumstance. And when you have the right partner on your side, the benefits are twofold. Let AAJF be your outsourced CFO. With years of experience in management and accounting across different industries, AAJF is adaptable and has the experience and knowledge to help you make informed decisions. We are business owners talking to other business owners and care about your business as if it were our own.
Arias, Arias & Jasko Financial has been serving Florida and operating out of Fort Lauderdale since 2012. Arias, Arias & Jasko Financial takes pride in working with the owners and partners of small to medium-sized businesses to achieve their vision.
We have accounting and business consultant professionals on staff to serve you for all your accounting, bookkeeping, and business consulting needs.
The articles we share are items of interest and related to some questions we have answered in the past. If you have a question or would like to schedule an appointment please contact us at 954-650-1825.
[post_title] => Benefits of an Outsourced CFO [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => benefits-of-an-outsourced-cfo [to_ping] => [pinged] => [post_modified] => 2020-09-17 00:49:45 [post_modified_gmt] => 2020-09-17 00:49:45 [post_content_filtered] => [post_parent] => 0 [guid] => http://ariasfinancial.com/?p=2689 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [1] => WP_Post Object ( [ID] => 2679 [post_author] => 1 [post_date] => 2020-08-17 22:02:37 [post_date_gmt] => 2020-08-17 22:02:37 [post_content] =>You have left behind the comfort and familiarity of a regular job and decided to make the leap in becoming self-employed. Anyone who starts their own business has to file taxes as a self-employed worker. Alternatively, not filing taxes and seeing your taxes bill blow up over the years, is not pretty. So, if you are wondering what you need to do to file your taxes with the IRS successfully, let us discuss what self-employment tax is first.
According to the IRS website, self-employment tax is defined as “a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. It is similar to the Social Security and Medicare taxes withheld from the pay of most wage earners.”
Workers who are considered sole proprietors, freelancers, or independent contractors who carry on a trade or business are considered self-employed and must pay the self-employment tax. Self-employment tax is due when an individual has net earnings of $400 or more in self-employment income over the course of the tax year.
Many newly self-employed people find themselves surprised at their tax bills at the end of the year because they notice they’re suddenly paying a lot more in taxes as a self-employed person than as an employee. This is because they’re carrying the full responsibility of paying for their Social Security and Medicare, but when you’re an employee, you share that cost with your employer.
The self-employment tax rate consists of two parts: 12.4% for social security and 2.9% for Medicare – totaling to 15.3%. For 2020, Social Security part of the tax applies to the first $137,700 of earnings. If you earn more than that, then the 12.4% part of the tax that pays for the Social security stops for the year. For the Medicare portion of the self-employment tax, no matter how much you earn, you’ll pay the 2.9% Medicare Tax. (There is an additional Medicare tax when you pass a certain threshold, it is an additional .9% and the threshold is different, depending on filing status. To learn more click here.)
By now, you have probably heard of the Form 1040 and might be wondering what the heck it is. The Form 1040 is the standard IRS form that individual taxpayers use to file their annual income tax returns. The form contains sections that require taxpayers to disclose their taxable income for the year to determine whether additional taxes are owed or whether the filer will receive a tax refund.
As a self-employed individual, you’ll need to file the Form 1040 with the IRS by April 15 in most years. Everyone who earns income over a certain threshold must file an income tax return with the IRS.
In order to report the self-employment tax, you must report the results of your operations on Schedule C, essentially your business’ profit and loss statement, and file it with your Form 1040. Luckily, all pages of Form 1040 are available on the IRS website and it can be mailed or e-filed. It is also important to understand that there are also different types of Form 1040 – such as the 1040-SR, 1040-NR, 1040X, and many others.
Steps to estimate self-employment tax if you are a simple filer:
Calculate how much of your net income is taxable. Multiply your total self-employment net income by 92.35% (.9235) – this is the percentage of your income the IRS says is taxable
Calculate the amount you owe for self-employment taxes. Multiply your total self-employed taxable income by 15.3%
Report half of your self-employment tax as an adjustment to income on form 1040. Your total SE tax is reported on Form 1040 in the “Other Taxes” section. 50% of self-employment tax owed can be claimed as a deduction. This reduces your adjusted gross income and the amount of income tax you owe.
Finding the right accountant that fits your needs doesn’t have to be difficult. Arias, Arias & Jasko Financial has assisted clients with self-employment tax services. With the help of Arias, Arias & Jasko Financial, we can help you reach your business goals and set you on the right path. You can’t skip accounting, but you CAN make it easier!
Disclaimer: By using this site, you explicitly agree not to hold Arias, Arias and Jasko Financial, LLC or any of its members liable in any way for damages arising from decisions you make based on the information on this site. The information on this site is for informational and entertainment purposes only and does not constitute financial advice.
[post_title] => What is Self-Employment Tax? [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => what-is-self-employment-tax [to_ping] => [pinged] => [post_modified] => 2020-08-17 22:02:42 [post_modified_gmt] => 2020-08-17 22:02:42 [post_content_filtered] => [post_parent] => 0 [guid] => http://ariasfinancial.com/?p=2679 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [2] => WP_Post Object ( [ID] => 2673 [post_author] => 1 [post_date] => 2020-07-31 01:21:31 [post_date_gmt] => 2020-07-31 01:21:31 [post_content] =>Accounting and business go together like peanut butter and jelly. You can’t really have one without the other. Accounting plays a vital role in any business, no matter the size. Often times though, accounting becomes a low priority – especially for small business owners, since they are handling all the other responsibilities of managing the day-to-day operations. Nonetheless, accounting should never be put on the backburner.
If you own a business and your financial records aren’t adding up, this might be an indication you need record reconstruction. You won’t be able to know how your business is performing if your transactions are not properly accounted for. This will affect whether your tax filings are correct, and/or whether your strategic financial assumptions are reliable.
Think of all your business transactions as a giant puzzle. In order to get a clear and concise picture, you must have all of the pieces and they must be accurate. If your transactions are not logically characterized or accurately recorded, deferrals and accruals are forgotten, or accounts are not reconciled, balances are not balanced, or transfers do not match – your puzzle will not look good.
Reconstruction of months or years of accounting records may be needed by business owners for many reasons. Reasons such as:
- Inaccurate or incomplete recording
- Loss of digital records due to calamities and/or back-up procedures
- Having no record keeping at all
- To produce needed reports
- And many more
When reconstruction is needed, whether the business owner simply neglected, innocently relied on an incompetent bookkeeper, or just active mismanagement – this turns his/her books into a state of pure confusion. However, there is no need to worry if your books or record keeping need some TLC. Here are just a few of the reasons why reconstruction of your accounting books and records are important for your business:
- It will help evaluate the performance of business. If you don’t have good records, it is much more difficult to make good decisions. This will allow you to identify areas for expansion or improvements.
- It will ensure statutory compliance. By getting your records and books organized, you will always stay within the law.
- It will help create budget and future projections. When you’re able to compile a monthly financial report, it can be used to help anticipate financial trajectory for the future.
- It will help in filing financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business.
Reconstruction of accounting books and records can be extraordinarily complex, so it is crucial to hire an accounting team who you can trust. Arias, Arias & Jasko Financial has performed countless record reconstruction services for clients. With the help of Arias, Arias & Jasko Financial, we can help you reach your financial goals and set you on the right path. You can’t skip accounting, but you CAN make it easier!
Arias, Arias & Jasko Financial has been serving Florida and operating out of Fort Lauderdale since 2012. Arias, Arias & Jasko Financial takes pride in working with the owners and partners of small to medium-sized businesses to achieve their vision.
We have accounting and business consultant professionals on staff to serve you for all your accounting, bookkeeping, and business consulting needs.
The articles we share are items of interest and related to some questions we have answered in the past. If you have a question or would like to schedule an appointment please contact us at 954-650-1825.
[post_title] => Reconstruction of Accounting Books & Records and Why It’s Important [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => reconstruction-of-accounting-books-records-and-why-its-important [to_ping] => [pinged] => [post_modified] => 2020-07-31 01:23:52 [post_modified_gmt] => 2020-07-31 01:23:52 [post_content_filtered] => [post_parent] => 0 [guid] => http://ariasfinancial.com/?p=2673 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [3] => WP_Post Object ( [ID] => 2667 [post_author] => 1 [post_date] => 2020-06-17 02:18:36 [post_date_gmt] => 2020-06-17 02:18:36 [post_content] =>Bookkeeping – the fundamental recording and organization of day-to-day financial transactions of a business. These transactions include purchases, sales, receipts, and payments by an individual or the company as a whole.
Having clean and organized books provide key insights into the overall health of a business. Yet, many businesses end up failing due to poor accounting/bookkeeping. Without proper accounting or bookkeeping, you are essentially blindly driving your business.
Virtually every business owner would agree that having clean, well-organized books is imperative. But the process of actually maintaining clean books can be complicated, especially on your own. Bookkeeping requires many different tasks, and if you as a business owner are also the bookkeeper, you’re probably exhausted!
By maintaining your financial records, you’ll not only save time and avoid unnecessary expenses but you’ll also enjoy better performance over the long run. Here are some benefits of maintaining clean books:
Helps You Budget:
Knowing how to plan for projected expenses and revenue can be the difference between financial control and catatonia. Remember, your expenses cover everything from rent, utilities, payroll, materials, marketing, and other fixed or variable costs. If you’re not tracking where your dollars and cents end up each month, you’re most likely overlooking chances to cut costs or spending money where it might not have the greatest effect.
Tax Preparation:
Nothing is more annoying than scrambling through your desk trying to find missing paperwork, especially when it’s time to file your taxes. With proper bookkeeping in place, you can have all your financial transactions ready for tax season.
Helps with Analysis:
Bookkeeping is important for determining your business’ performance based on financial statement analysis. Running this type of analysis helps highlight where your business thrives and where it falls short.
Planning Made Easier:
Progress is often measured by comparing where you are today and where you used to be. With bookkeeping, you are able to compare past financial performances and use that information to better plan for the future. Planning is important in keeping things organized for your business. It also plays a major role in budgeting, tax preparation, and maintaining proper control of business operations. Bookkeeping will give you a well-defined sense of what works and what doesn’t work.
Track Growth and Profit:
When you’re able to compare results from previous years, it’ll help with tracking the growth of your business. Over time, the data that you gather will help you observe trends and gain a greater understanding of your business. Without proper bookkeeping, it is nearly impossible to measure the true success or failure of your business.
Bookkeeping will also show your business’ profitability. The routine recording of revenues, expenses, liabilities, and receivables, will allow you to track when invoices are paid. Cash flow matters to understanding a business’ profitability because it allows a business owner to know if the income exceeds its expenses. If so, then the company is considered to have a ‘positive’ cash flow.
Trouble-free Audits:
In the event of an audit, it is important to make sure your books are ready. Auditing can be a long process as it is, so in order to avoid making it lengthier, it is best to be able to provide whatever they are requesting in a timely manner. Plus, if your books are messy and disorganized, it gives the IRS more motivation to impose penalties while making your business subject to more fees.
With detailed recording, it means that your company is always compliant with the law. No matter the type of business you own, compliance with business tax laws is a must.
Peace of Mind:
Lastly, it’ll give you peace of mind knowing that you have all your ducks in a row. All things considered, bookkeeping is a key component to saving you time, money, and a headache. If you find yourself needing to enforce a bookkeeping process, consider hiring a bookkeeping professional to help.
Arias, Arias & Jasko Financial has been serving Florida and operating out of Fort Lauderdale since 2012. Arias, Arias & Jasko Financial takes pride in working with the owners and partners of small to medium-sized businesses to achieve their vision.
We have accounting and business consultant professionals on staff to serve you for all your accounting, bookkeeping, and business consulting needs.
The articles we share are items of interest and related to some questions we have answered in the past. If you have a question or would like to schedule an appointment please contact us at 954-650-1825.
[post_title] => Benefits of Maintaining Clean Books [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => benefits-of-maintaining-clean-books [to_ping] => [pinged] => [post_modified] => 2020-06-17 02:27:22 [post_modified_gmt] => 2020-06-17 02:27:22 [post_content_filtered] => [post_parent] => 0 [guid] => http://ariasfinancial.com/?p=2667 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [4] => WP_Post Object ( [ID] => 2622 [post_author] => 1 [post_date] => 2020-05-18 22:56:03 [post_date_gmt] => 2020-05-18 22:56:03 [post_content] =>Adjusting to the new norm that COVID-19 has shaped for us has been a rollercoaster ride. As the global pandemic continues to stretch far past immediate medical concerns, there are many fears that arise. With the uncertainty of how long the virus will last, it is clear that the financial shockwaves will be felt much longer. The impact is not only being felt by business owners, but the employees and staff of these businesses too.
If you’re currently out of work, or facing serious financial stress right now, you’re not alone. Millions of Americans are facing unemployment and difficult economic times due to the coronavirus outbreak. Along with our physical and mental health, we must also take care of our financial health. Fortunately, there are many things you can do to address your financial situation.
Here are a few helpful tips to keep your finances above the water:
Call your creditors
If you’re unable to make your payments on-time, try contacting as many lenders as soon as possible. In many cases, lenders such as small business suppliers, vendors, mortgage companies, credit card companies and more can offer financial assistance to defer, reduce or forgive payments.
Credit cards: If you’re finding it difficult to manage credit card payments and debt during this global pandemic, call your creditors for help. In response to the coronavirus, major credit card issuers like Amex and Capital One are offering financial assistance such as waiving interest or late fees, and more.
Student loans: The feds, states, and even private lenders are offering relief for student loan borrowers. The federal government is offering options for borrowers who need assistance with their student loans. The following measures last until September 30 and are retroactive to March 13:
- Automatic forbearance to all federal loan borrowers
- Automatic waiving interest on federally held student loans
- Stopping all collection activities on federal student loans in default
Car payments: Many lenders have created special programs or are being more flexible when working with borrowers. It is important to talk to your lender before you miss a payment. Most auto insurances are offering discounts and rebates during COVID-19 as well.
File for unemployment/Apply for financing
Filing for unemployment is definitely not ideal, and there is no reason to feel ashamed. Nearly 33 million people have reportedly filed for unemployment in the last seven weeks. If you have not done so already, filing for unemployment can help you regain some control in a situation that can feel pretty helpless. You do not have to be actively looking for work in order to receive unemployment benefits; the government has changed the requirements due to the circumstances of the pandemic.
Take advantage of tax provisions and the CARES Act. This program provides business loans, debt forgiveness, and emergency grants to help small businesses. The CARES Act also has provisions providing for expanded unemployment benefits of up to $600 per week of additional payment for a period of up to four months.
Treat long-term investments as you usually would
Avoid withdrawing from your retirement accounts. This should be a “last resort” move. That said, it is okay to hold off on adding to your savings or investment accounts or decreasing your amount. It is important to focus on making your budget work now and then focus getting back on track with your goals when you are able to.
Prioritize your payments
Make a list of your monthly bills: rent/mortgage, car payment, utilities, student loans, medical bills, and anything else. Include how much you will need for food, medicine, and other necessities. If you still cannot pay everything on-time, look at what would happen if you couldn’t pay each bill and decide which to pay first.
- Skip takeout and stick with home meals
- Cancel any subscriptions you do not need
- Freeze your memberships
Arias, Arias & Jasko Financial has been serving Florida and operating out of Fort Lauderdale since 2012. Arias, Arias & Jasko Financial takes pride in working with the owners and partners of small to medium-sized businesses to achieve their vision.
We have accounting and business consultant professionals on staff to serve you for all your accounting, bookkeeping, and business consulting needs.
The articles we share are items of interest and related to some questions we have answered in the past. If you have a question or would like to schedule an appointment please contact us at 954-650-1825.
[post_title] => Top Financial Tips to Get Through the Pandemic [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => top-financial-tips-to-get-through-the-pandemic [to_ping] => [pinged] => [post_modified] => 2020-05-19 20:00:42 [post_modified_gmt] => 2020-05-19 20:00:42 [post_content_filtered] => [post_parent] => 0 [guid] => http://ariasfinancial.com/?p=2622 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [5] => WP_Post Object ( [ID] => 2525 [post_author] => 1 [post_date] => 2017-03-24 18:12:47 [post_date_gmt] => 2017-03-24 18:12:47 [post_content] => Starting your own business can be an overwhelming and emotional step on its own. Trying to decide what kind of business you’re going to register can bring on a whole new level of stress. Registering your business with the state is essentially the first step to starting your own business. This step can easily be a smooth step with the right information. Every day, bright new entrepreneurs are ready to take the leap in pursuing their passion while being their own boss. The first big question he or she is faced with is what kind of business to register with the state? There are 2 common entities that are most often used: LLCs and Corporations. In this article, we have compiled some basic points to each one. The LLC:- What is an LLC? An LLC is a hybrid type of structure that provides the personal liability protection of a corporation as well as the tax benefits and flexibility of a partnership.
- An LLC protects your personal assets should a lawsuit be filed against your company.
- Taxes can be filed in different ways with an LLC. You can use "pass-through" taxation, which enables you to report the company's gains and losses on your personal tax return. Taxes in this manner, are not paid on the business level.
- You can also choose corporate taxation if you prefer. This means that your business will be taxed at a lower rate for the first $75,000 of income.
- With an LLC, you can lease your assets. For example, if you use your home office to work from, the LLC can lease the office from you, the individual. This creates a business expense that can be written off and adds more income to your family's bottom line.
- Forming an LLC builds credibility, because it shows that you have made a formal commitment to your business.
- LLCs have fewer state annual requirements, paperwork, and start up costs compared to S-Corps and C-Corps.
- There are couple of downsides to an LLC, however: -One is that the ownership is more difficult to transfer. Typically, all members must agree when adding on a new member and altering the ownership percentages.
- These are the two common types of corporations: The S-Corp and the C-Corp. The S-Corp is a "pass-through" entity like the LLC. On the other hand, a C-Corp gets taxed as a separate entity and is subject to double taxation, if the owners receive profits in the form of dividends.
- A C-Corp pays taxes at an entity level first, and then the owners get taxed at the individual level on profits earned as dividends, thus the double tax.
- An S-Corp gives business owners the ability to use business losses as deductions on their personal tax returns. Expenses, such as start up costs, can be categorized this way.
- An S-Corp can also provide savings on Medicare, social security, and employment taxes.
- C-Corps are usually at lower risk of being audited by the government.
- S-Corps can have no more than 100 owners, and owners cannot have a “non-resident aliens” residency status.
- Because owners of a C-Corp can hold different stock interests, venture capitalists tend to gear towards C-Corps when investing funds in a business. These investors are attracted to the dividends that await if the corporation brings in profits.
- S-Corps can not be owned by C corporations, LLCs, other S corporations or non-qualified trusts.
- C-Corps can accumulate and retain earnings from year to year, if they are within reasonable limits.
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally. Therefore, when it comes to outsourcing your business duties, the first areas that might come to mind are most likely payroll, accounting, HR, or other similar tasks; leaving C-level outsource roles as one of the last things to present itself – but in fact, these functions are just as suitable for outsourcing.
In particular, a chief financial officer (CFO) is the senior executive responsible for managing the financial actions of a company. Their duties include tracking cash flow and financial planning as well as analyzing the company’s financial strengths and weaknesses. Subsequently, an outsourced CFO is someone who aims to see the future and takes proactive measures that keep things running smoothly. They may analyze risks, strategize, investigate cost and process improvements, study the industry, and stand ready to be accountable for the financials and other key issues.
In consideration of the name itself, an outsourced CFO is exactly what it sounds like. They are financial whizzes who offer their services to outside companies. Occasionally they are also known as fractional executives, who typically work for different companies that offer executive-as-a-service hiring. Similar to any outsourcing professional, outsourced CFOs predictably have a wide range of experiences, work histories, and capabilities that are significantly beneficial to your business in many ways.
Depending on your business’s current finance and planning needs, an outsourced CFO allows for the flexibility of determining how often you will need to use their services. Unlike a full-time employee, an outsourced CFO permits you to scale back in times where your business might be less demanding – which is easier than firing. Additionally, it can also be a wise decision for your company during times of fast growth. With your business fluctuating up or down throughout the year, having an outsourced CFO gives you the luxury of making otherwise difficult decisions, simple.
Another benefit of having an outsourced CFO is the cost of hiring one in comparison to hiring an actual full-time employee. It means you avoid paying for all the things that typically go along with a full-time employee such as benefits, increased office space, equipment, etc. Hiring an outsourced CFO can cost significantly less than paying someone to take on the position full-time.
Along with not having to pay the high price tag of a full-time CFO, organizations may also hire an outsourced CFO because of their expertise and knowledge. This comes as a huge benefit for smaller businesses since an outsourced CFO is able to provide valuable expertise that they might not be able to get from the level of a regular full-time CFO employee. Having a resource that they otherwise are unable to afford, especially during times of uncertainty is an immense perk.
In short, outsourcing your CFO role is more achievable than you might think! As a business owner, one action that you can take to ensure the stability of your company is to find a CFO who helps your business run smoothly, in any circumstance. And when you have the right partner on your side, the benefits are twofold. Let AAJF be your outsourced CFO. With years of experience in management and accounting across different industries, AAJF is adaptable and has the experience and knowledge to help you make informed decisions. We are business owners talking to other business owners and care about your business as if it were our own.
Arias, Arias & Jasko Financial has been serving Florida and operating out of Fort Lauderdale since 2012. Arias, Arias & Jasko Financial takes pride in working with the owners and partners of small to medium-sized businesses to achieve their vision.
We have accounting and business consultant professionals on staff to serve you for all your accounting, bookkeeping, and business consulting needs.
The articles we share are items of interest and related to some questions we have answered in the past. If you have a question or would like to schedule an appointment please contact us at 954-650-1825.
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17Sep0 comments
Benefits of an Outsourced CFO
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity…
-
17Aug0 comments
What is Self-Employment Tax?
You have left behind the comfort and familiarity of a regular job and decided to make the leap in becoming…
-
31Jul0 comments
Reconstruction of Accounting Books & Records and Why It’s Important
Accounting and business go together like peanut butter and jelly. You can’t really have one without the other. Accounting plays…
-
17Jun0 comments
Benefits of Maintaining Clean Books
Bookkeeping – the fundamental recording and organization of day-to-day financial transactions of a business. These transactions include purchases, sales, receipts,…
-
18May0 comments
Top Financial Tips to Get Through the Pandemic
Adjusting to the new norm that COVID-19 has shaped for us has been a rollercoaster ride. As the global pandemic…
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24Mar0 comments
What is the difference between an LLC and a Corporation?
Starting your own business can be an overwhelming and emotional step on its own. Trying to decide what kind of…