VB CPA - Accounting & Tax

What can a fractional CFO do for a small to medium business (SMB)?

🌟 Did you know audit defense is included when you file your return with us? Your peace of mind matters, even after filing! If you ever receive a notice from the IRS, don’t panic—we’ve got you covered. 🙌✨ www.vbcpa.tax

Get your business books in order for 2024 with our expert accounting services. Don't let another year go by without proper financial management. Contact us now.

We understand that taxes can be stressful, especially when you're a business owner. That's why we're thrilled to announce that we've partnered with Protection Plus to provide you with extra support this tax year. This means that if you receive a tax notice related to your business return, we've got your back! Our team is dedicated to making your life easier, and we're here for you every step of the way. So, sit back, relax, and let us take care of it for you!

Elevate Your Accounting Game: Harnessing the Power of Software and Professional Expertise

Embracing the combination of advanced accounting software and the invaluable expertise of a CPA equips you with the tools necessary for financial success and operational efficiency. By investing in a robust accounting system, leveraging automation, and seeking professional guidance, you pave the way for a stress-free and prosperous business journey.

Elevate Your Accounting Game: Harnessing the Power of Software and Professional Expertise Navigating the intricate world of accounting and tax preparation can be a formidable challenge, especially for small businesses and independent professionals in the USA. However, with the right tools and guidance, this daunting task can transform into a seamless, stress-free experience. As a Certifi...

Your charitable contributions include a wide variety of tax-saving opportunities, some you may not be aware of and some that are frequently overlooked. Learn more.

Don't Overlook Your Charitable Contributions Your charitable contributions include a wide variety of tax-saving opportunities, some you may not be aware of and some that are frequently overlooked. And there are some contributions that you may believe are deductible that really are not. Being knowledgeable of what is and is not a qualified char...

Here is some midweek Wednesday Wisdom inspiration from your friends at vbCPA

The word "audit" tends to strike fear in the hearts of American taxpayers, but the truth is that not every audit is a result of a problem, or that the Internal Revenue Service suspects you of wrongdoing. Learn more.

What Do You Do If the IRS Wants to “Audit” Your Tax Return? The word “audit” tends to strike fear in the hearts of American taxpayers, but the truth is that not every audit is a result of a problem, or that the Internal Revenue Service suspects you of wrongdoing.

The tax law permits individuals aged 701/2 or over to transfer funds from their IRA accounts to charities in what is referred to as Qualified Charitable Distributions (QCDs). These QCDs are not taxable and where a taxpayer is also required to make required minimum distributions (RMDs), the QCDs count toward the RMD requirement and provide a substantial tax benefit.

RMDs and IRA-to-Charity Distribution Provisions Tax law requires individuals who have reached age 72 to begin taking minimum distributions from their traditional IRA accounts. These are referred to as a required minimum distribution or RMD. The RMD amount is the value of the IRA account on the last day of the prior year divided by the distributio...