AEM Consulting, Inc.

Keep all of your financial records organized throughout the year to make tax season less stressful. Set up a system that works for you and stick to it. No problem is too big and no detail is too small. We are available to handle it all! Give us a call at (310) 266-6932.

If you have a child who's headed to college soon, you may be eligible for a tax deduction for tuition and fees. Check out the Lifetime Learning Credit to see if you qualify. Contact us today if you have questions (310) 266-6932.
https://www.irs.gov/credits-deductions/individuals/llc

Capital gains taxes apply to any asset that has increased in value from the original purchase price, including buildings and properties, stocks or bonds, land rights, and even artwork. When sold at a profit – potentially giving you extra income– these assets are subject to this tax which varies by region.

To schedule a consultation, contact us at (310) 266-6932.

Understanding Capital Gains Tax | www.financialhotspot.com The government levies taxes on most income-generating activities. Investing and selling assets are income-generating activities, making the proceeds taxable under the capital gains tax. Here is a brief guide on how the capital gains tax works and tips to reduce your taxes. What Is Capital Gains Tax?...

There are eight branches of accounting that allow businesses to track and measure their company’s finances. Each branch has its own specialized use that reveals different insights into a business’s financial status. Understanding the different branches of accounting is important for business owners, as it can have a significant impact on the long-term success and viability of your business. Contact us at (310) 266-6932 to schedule a consultation.
https://www.accountingformanagement.org/types-branches-of-accounting/

There's a strategic way to reach your financial goals. Working with financial professionals such as us, helps you stay on track with making sure your money is working for you! Contact us at (310) 266-6932 to schedule a consultation.

2023 came with tax changes that may affect your small business. There are a few tips you can incorporate into your bookkeeping strategy in order to stay organized with your taxes and make the most of your return. Contact us at (310) 266-6932 to schedule a consultation.

Small-Business Tax Changes and Tips to Know in 2023 - NerdWallet Small-business owners should determine whether they can claim the Employee Retention Tax Credit and prepare for changes to bonus depreciation, energy efficiency credits and more.

When it comes to your business's bottom line, having a qualified and knowledgeable CPA is essential. Choosing the right one will pay off in dividends over time—helping you save both money and stress. Consider these tips when searching for an accountant that's just right for you:

Searching for a skilled and professional accountant? Look no further! Contact us at (310) 266-6932 to schedule your consultation. We look forward to working together!

Finding the Right CPA for Your Business | www.financialhotspot.com As your business grows, you may need to hire a certified public accountant (CPA) to handle your accounting processes. You must do this carefully, and there are some things that you should consider first. You'll need to think carefully about important issues such as where your accountant is located,....

It can feel tricky when you already submitted your taxes, only to realize that there was a mistake after you sent it in. Before you decide to do anything, confirm that there is in fact a mistake. Rather than stressing out about it, have your preparer check your taxes to confirm the error. If there is an error, you could be in luck and the IRS may find out about it and notify you to rectify the situation. Continue reading this article to learn about what else needs to be done. Contact us at (310) 266-6932 to schedule a consultation.

What to Do If There’s a Mistake on Your Business Taxes - NerdWallet Make sure there’s really an error first. Stay calm, determine whether you or your tax preparer will fix the mistake, amend the tax return and get ready to pay.

The double-declining balance (DDB) method is another accelerated depreciation method. After taking the reciprocal of the useful life of the asset and doubling it, this rate is applied to the depreciable base—its book value—for the remainder of the asset’s expected life. Thus, it is essentially twice as fast as the declining balance method. Contact us at (310) 266-6932 to schedule a consultation.

If you're an older adult, there may be specific tax tips that can help you during tax season! Read the article below to learn more about the 5 tips that can guide you during your filing process. Contact us at (310) 266-6932 to schedule a consultation.

5 Tax Tips for Older Adults - NerdWallet From Medicare premiums to state tax breaks, here are some items to keep in mind during tax season.

It's natural to be apprehensive when you want investors to back your business. A winning pitch, however, is essential for promoting your ideas and inspiring confidence in them. The key? Follow these seven tips that can help transform a standard presentation into one that will truly wow potential funders!

Need an accountant? Why wait? Call us today at (310) 266-6932 to schedule a consultation!

How to Craft a Better Business Pitch | www.financialhotspot.com Creating a business pitch can be one of the most challenging parts of the early business development process. You want to introduce potential investors to your business idea and show them why they should put their hard-earned money into your company. As such, you need a persuasive business pitch tha...

Business lines of credit are important and can come in handy if you want to make sure you have fluid cash flow as a small business owner. It does have a cap on what you are allowed to borrow, but that also depends on the type of credit involved. Continue reading this article to get the full scoop so you can be fully educated on this topic. Contact us at (310) 266-6932 to schedule a consultation.

What Is a Business Line of Credit? - SmartAsset A business line of credit allows a business to only borrow as much as it needs. Learn how a line of credit works and how they differ from business loans.