Leo Koo

Understanding construction bonds is crucial for large-scale projects. Our new article outlines the bonding process and tips for success. Leverage expertise from James Moore's Construction Service team to navigate this vital aspect of the #construction business. #ConstructionBonds

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Understanding construction bonds is crucial for large-scale projects. Our new article outlines the bonding process and tips for success. Leverage expertise from James Moore's Construction Service team to navigate this vital aspect of the #construction business. #ConstructionBonds

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The Florida Department of Revenue (DOR) has proposed amendments to regulations on leases, licenses of real property, and sales and use tax purposes. The key measures include a significant reduction in the tax rate from 4.5 percent to 2 percent on rental, lease, or license of real property effective June 1. #FloridaDOR #TaxRegulations #SalesTaxChanges

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Accounting Monday Why is accounting important? Javier from PDR CPAs + Advisors explores this question in his article, presenting compelling reasons why accounting is a cornerstone for running a successful business. Naturally, the financial statements are a key aspect. Though often perceived as tedious or “boring,” accounting is frequently overlooked—even by seasoned business professionals. Yet, without the right processes and understanding, a business cannot reach its full potential. Financial statements and accounting aren’t just formalities to check off; they are powerful tools that successful entrepreneurs and CEOs consistently rely on. They invest in solid processes and a skilled CFO, knowing that the insights these reports provide offer a competitive edge. With the trends and insights from accurate accounting, you gain foresight into your business’s future and a roadmap for navigating it strategically. Quit overlooking the power of your financial data and discover why the most successful business leaders make accounting a priority. Save time, gain clarity, and set your business up for success. Contact us at KeepingCount.com or message me directly to get started. Fortune 500 quality services affordable for the small business budget. Sign-up today and receive a month free of accounting services. #AccountingMonday #FinanicalStatements #FinancialInsights #BusinessGrowth #KeepingCount #Accounting #Bookkeeping https://lnkd.in/g6XQRkuw

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Are you a CPA nearing retirement age (around 75) in Broward or Miami-Dade County? 🏖️ Or do you know someone who fits this description? I'm exploring potential opportunities for CPA solo practitioners with a solid book of business who are looking to sell within the next 3 years or less. 💼 The ideal scenario: 👥 Bring in an experienced CPA (15+ years) to manage the transition 🤝 Familiarize with clients 💻 Implement new technology and processes 🎓 Hire and train quality staff 🌎 Potentially offshore some work ⚙️ Improve inefficiencies 🚀 Attract new clients ✅ Optimize client base Fellow CPAs, I'd appreciate your thoughts on the viability of this opportunity for a younger CPA with a book size of 150k and wants to grow to a 1 million plus size firm. Concerns: 🎭 Some CPAs claim they want to sell/retire but may just be seeking skilled help ⚖️ Risk of buying a job rather than a business Ideal firm attributes I'm seeking: 1️⃣ Cloud-based and paperless operations ☁️ 2️⃣ Average fee for personal returns (Form 1040) above $800 💵 3️⃣ Business return revenue exceeding personal return revenue 📈 4️⃣ Existing staff member who communicates with clients 📞 5️⃣ Gross revenue of $500k or more 💰 If you know someone who fits this profile or have insights to share, please comment, tag, or DM me to start a conversation. 📩 This post is for engagement and exploration purposes. 🔍 #CPAfirmbuying #SOLOCPA #RetirenowmrCPA

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Find out more about Michael Jackson's IRS tax challenges and the lessons that can be learned from them via our new blog post from MTS Professional Tax Service Inc. Just click below.

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Efficient accounting is key to running a successful business. Wilber Mendez CPA offers tailored accounting solutions to fit your needs. Focus on what you do best, and leave the numbers to us. #BusinessAccounting #CPA #WilberMendezCPA

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Ready to enhance your investment in assisted living facilities? Investing in assisted living facilities is not only a noble endeavor but also a financially strategic one. With cost segregation, you can accelerate depreciation, reduce tax burdens, and improve cash flow—turning a good investment into a great one. 🔍 Inside the Blog: • An overview of how cost segregation works for assisted living facilities. • Insight into the significant tax savings opportunities through accelerated depreciation. • Practical examples of how this strategy benefits facility owners. Our latest blog post guides you through the potential tax benefits of cost segregation for assisted living facilities. This could be the key to unlocking greater value in your real estate investments. Read the full details here: https://lnkd.in/gFCVUf7p #future #success

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I’m sure you’ve enjoyed the lower tax brackets introduced by the Tax Cuts & Jobs Act in 2017. However, many people aren’t aware that the rules of the TCJA will potentially sunset at the end of 2025. What does that mean for you? I’ve put together a comparison guide Link to highlight the changes you might experience at https://lnkd.in/eWC7QWXJ. That's exactly why we're expanding our range of tax services! Now, along with quarterly estimated tax calculations and keeping an eye on tax notices, we're also incorporating formalized tax planning. It's all about making sure we've got you covered from every angle when it comes to taxes!

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🚨 Hurricane Milton Tax Relief Alert for Florida! 🚨 🌪️ Due to the impacts of Hurricane Milton, the IRS is offering tax relief to individuals and businesses in ALL Florida counties until May 1, 2025. This relief includes filing extensions, payment deadline extensions, and deposit penalty relief. 🌴 ✅ Counties newly qualifying for relief: Broward Miami-Dade Palm Beach Indian River Martin St. Lucie 🗓️ Key Deadlines Extended: 2024 tax returns (due March-April 2025) 2023 tax returns (on valid extension) 2024 Q4 estimated payments (due Jan. 15, 2025) 2025 Q1 estimated payments (due April 15, 2025) 💡 Who qualifies? Residents and businesses in the affected areas, as well as anyone working on relief efforts in the area. If you're outside the disaster area but can't meet deadlines due to records in the affected zone, you may also qualify for this relief. ⚠️ Reminder: If you’ve suffered uninsured disaster-related losses, you can claim them on your 2024 return or amend your 2023 return. Don't forget to include FEMA declaration number 3622-EM when filing! For more details and updates, visit disasterassistance.gov or the IRS Disaster Relief page. 🛠️ #TaxRelief #HurricaneMilton #Florida #IRSUpdates #BusinessRelief #TaxDeadlines #SterlingTaxAndAccounting #CPA #TaxAccountant #SRQTax

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Personal Goodwill is one of those evergreen topics in Business Valuation. I hope that you will join Jim Alerding and I as we review old ground and explore new happenings in this important area. We will discuss recent case updates along with valuation methodology and approaches...

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🍁 Fall into Financial Readiness! As the leaves begin to change and we transition from summer to fall, it's the perfect time to ensure your financial reporting is in order. -Are you a construction contractor or nonprofit organization wondering about your year-end financial needs? -Just as we prepare our homes and workplaces for the cooler months ahead, it's crucial to prepare your finances too. -Your financial health is as important as the structures you build or the communities you serve. ✅ Quick Check: -Has your current auditor or accountant reached out recently? -Are you clear on your upcoming financial reporting requirements? -Do you have a solid plan for year-end financial processes? --> If you answered "no" to any of these, don't worry! We're here to help you transition smoothly into the fall season and beyond. 🔍 Our Offer: Book a free 30-minute consultation with our expert team. We'll review your current financial status and upcoming needs, ensuring you're set up for success as we head into the final quarter of the year. Don't let your financial reporting fall through the cracks. Reach out today, and let's build a strong foundation for your financial future together! 📞 Call us: 386.383.9345 📧 Email: [email protected] 🌐 Visit: bilottaco.com 🗓 Calendly: https://lnkd.in/gXp_KrNP #FinancialPlanning #ConstructionAccounting #NonprofitFinance #FallPreparation #ExpertConsultation #PersonalizedService #PartnerAccess #fractionalcontroller #fractionalcfo #audits #reviews #singleaudits

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At South Florida Tax Firm, LLC and Ravi Ramnarain, CPA, LLC, you will never have to worry about your data being nefariously shared with ANYONE. Each one of our team members is a STEM professional, almost all of whom are licensed as CPAs or Chartered Accountants (C.A.s). CPAs and C.A.s are mandated by law to conduct themselves in an ethical manner. The big box tax prep companies may have all of the snazzy commercials and the ubiquitously sought after “corporate appearance.” At the end of the day, however, the person working directly on your return in that environment is generally not a CPA/C.A. and generally does not care about you. At South Florida Tax Firm, LLC and Ravi Ramnarain, CPA, LLC, it is the opposite — we are qualified professionals who put people before profits. 🙏 https://lnkd.in/effMSrTw?

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Are you prepared for the unique financial challenges of running a SaaS business? From managing complex sales tax rules to tracking revenue and customer acquisition costs, the demands can feel overwhelming. LBMC W Squared understands the ins and outs of SaaS accounting. Our team will help you make sense of key metrics like CAC, LTV, and churn, giving you the insights needed to grow with confidence. Want to learn more? Let's chat. #SaaSAccounting #Growth #SaaS

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Tax planning and compliance are vital for managing a foundation, but they can be as complex as the charitable work itself. To ensure success, foundations must understand their tax obligations and implement strategies to minimize liabilities while maintaining their tax-exempt status. #TaxPlanning #FoundationManagement #Compliance

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