As if tax forms were not already complicated, now you have to throw in the new healthcare laws. On your 2014 tax form you will have to indicate if you had healthcare for the full year. But that’s not all there is to do! You will be receiving forms in the mail in January and you will have to calculate …
Matthew Person, CPA Todd Wilson, CPA Person CPA Group 3200 Lake Villa DriveMetairie, LA 70002(504) 780-8299 Fax 1-800-799-1292www.personhuffcpa.com  New York Yankee shortstop and future Hall-of-Famer Derek Jeter has played his last Major League Baseball game. In his last game,he chopped a single to third in the third inning to drive in a run, then took himself out for good. That final …
People Who Live in Glass Houses Takisha McGee works (at least for now) as a Section Manager for the IRS Office of Professional Responsibility, where their mission is to “interpret and apply the standards of practice for tax professionals in a fair and equitable manner.” Among her other duties, she travels around the country teaching IRS officials and tax preparers …
Businesses in the construction industry face challenges every day that most other type of companies do not. Construction contractors have complicated accounting rules when reporting long term contracts and spec homes. In addition to the complicated income tax reporting that is sometimes required there are many other factors effecting things day to day like subcontractors, payroll, job costing, and estimating …
Hopefully, you had a chance to think about the information I posted last week. If you have are doing your own business bookkeeping and you don’t have an accounting degree, perhaps you realize that you’ve bitten off more than you can chew. Clients frequently tell us they thought they could figure out how to do their own bookkeeping.  Their goal is …
Are you in âہ“shock†over your business’s cash flow? Are you wondering,âہ“What do I do with too much cash?†or âہ“How do I make MORE money?†Experienced professional accountants can help you overcome the shock! In a medical situation, treating for shock includes the lifesaving steps of providing food, rest and encouraging words.In business,shock treatment includes analyzing gross profit margins. You must …
Sales are the oxygen companies need to survive.  How are your sales? What quantity of product or service needs to be sold monthly to remain viable? Have you budgeted for different sales results? Do you know your breakeven sales amount? At Person CPA Group, we believe business vitality can be measured by examining 5 areas of business. We call the …
