by Kylie Harig | Nov 5, 2020 | Accounting, Tax
As 2020 draws to a close, it’s a great time to review your business and personal finance end of year checklist to make sure you are finishing up the year strong and setting up for success next year. Be proactive, as it’s essential for long term, sustained...
by Matthew Senter | Oct 26, 2020 | Internal Revenue Service, Tax
We always like to say “Don’t be charitable ONLY for the tax deduction.” However, we also know there is an incentive to do so, especially when receiving a tax deduction. That doesn’t mean we don’t want you to maximize your tax benefit; we...
by Kylie Harig | Oct 13, 2020 | Accounting, Internal Revenue Service
The Most Common (& Expensive) Bookkeeping Mistakes: Incorrect Payroll Reporting: If you currently have employees and/or plan on having them in the future, then you will need to become very familiar with payroll taxes, inclusive of the various tax forms and...
by Kylie Harig | Sep 25, 2020 | Accounting, Community, Internal Revenue Service, Tax
As tax and accounting professionals in the financial industry, we here at Senter CPA recieve lots of questions during our client consultations and reviews. Providing thoughtful advice taylored specifically to our client is our expertise. We take much pride in...
by Matthew Senter | Sep 9, 2020 | Tax
Tax planning is the process of managing your financial plan with the goal of reducing your tax liability and safeguarding assets at the federal and state level. Most tax planning involves deductions, credits and current vs. future tax rates. When tax planning, you...