About Amit Patel

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So far Amit Patel has created 167 blog entries.

4 Fundamental Differences Between an Accountant And CPA

2020-08-19T14:05:14-04:00August 24th, 2020|

  Not all financial professionals are the same. Maybe you need help organizing finances, or, you’re interested in knowing how you compare to others in the industry. Regardless, the type of professional you visit matters. That’s because there are distinct differences between CPAs and accountants. From education levels to fiduciary responsibilities, regulations, and ethics; not [...]

Why You Would Consider Using A Public Accounting Firm

2020-08-03T17:44:11-04:00August 10th, 2020|

There are a number of reasons you should use a public accounting firm. Whether you’re a freelancer, contractor, or small business owner; using a public accountant is a no-brainer! Public accountants can help to save time, stress, and money when it comes to your finances. That’s because their credentials, experience, and expertise cannot be compared. [...]

4 Tips for Surviving Your First 5 Years in Business

2020-08-03T11:02:34-04:00July 27th, 2020|

Surviving your first five years in business is possible. The first few years of business are tough. Regardless of the industry, it’s in or the world’s condition. But, there are a few common traits we see in successful people. These owners have determination, a long-term plan, financial organization, and a willingness to pivot. We’ve analyzed [...]

How to Avoid Submitting A Delinquent Tax Return

2020-07-06T08:21:05-04:00July 13th, 2020|

There are many things you can do to avoid filing late. Submitting a delinquent tax return is possible. Oftentimes, we witness people that haven’t filed because of neglect, confusion, disorganization, and misinformation. Although common, this issue can be financially devastating. Withholding your tax return can get you in hot water with officials, rack up interest, [...]

Planning Your Retirement – Top Things You Need to Consider

2020-06-15T11:23:28-04:00June 22nd, 2020|

Retirement planning doesn’t have to be stressful. With so much going on in the world, retirement planning might not be on your mind. But, having a solid plan in place is crucial. You never know what the future will bring, which is why preparing is the most important thing you can do. We’ve outlined the [...]

Want to Start A Non-Profit? Do These 5 Things First

2020-06-02T11:33:13-04:00June 8th, 2020|

Non-profits provide essential services to communities. Giving back to the community has never been more important. And with so many people turning to others for help these days, non-profit organizations are thriving. These organizations can be a lifeline to others; offering food, supplies, housing, resources, and aide to some of the most vulnerable people. So, [...]

4 Things You Need to Know About Payroll Tax

2020-05-22T08:26:16-04:00May 25th, 2020|

Ignoring payroll tax can cost you. As a business owner, you rely on your employees. After all, they are the backbone of your company. They keep things running, organized, and progressing for you on a daily basis. And without these dedicated team members, your success and growth might be compromised That’s why it’s important to [...]

Own A Small Business? Planning Tips for Your Retirement

2020-05-04T15:50:16-04:00May 11th, 2020|

Own A Small Business? Planning Tips for Your Retirement Retirement looks different for everyone. Retirement is meant for relaxation, reflection, and enjoyment. But, without the right planning, you might find yourself stressed. This is especially true for young entrepreneurs. Most of whom don’t have access to the same group plans or employer-matching programs offered by [...]

Can You Support Your Child’s Educational Future?

2020-04-21T07:34:57-04:00April 27th, 2020|

We understand that you want the best for your children. Life can be uncertain. Given this uncertainty, being financially prepared is essential. Especially when it comes to your child’s future. Being able to support your kid’s dream, regardless of what life throws at you, is important. That’s why we’ve compiled a list of how you [...]

What You Need to Do If the IRS Sends You A Notice

2020-04-06T10:07:35-04:00April 13th, 2020|

 If you get a notice from the IRS remain calm. With so much going on in the world right now, the last thing you’d want is a notice from the IRS popping up at your door. Getting a notice can be extremely stressful. And, for some, financially devastating. However, there are a few simple things [...]

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