Succession planning is essential. There are hundreds of quotes about preparing for the future: “The one thing you can always count on is change.” “Hope for the best but prepare for the worst.” “I’m an optimist but an optimist who brings their umbrella.” “Yesterday is gone. Tomorrow has not...Read more
THE BEGINNER’S GUIDE TO RETIREMENT PLANNING When you’re young it’s easy to think of retirement as far off—an idea to speculate over but not have to be concerned with immediately. Yet, the earlier you prepare for retirement, the less you’ll have to worry about. It is better to...Read more
Benefits of Hiring a Small Business Accountant While some small business owners believe that hiring an accountant can be an expensive undertaking, especially if they are just starting out, hiring one can help your business in more ways than one. Here are some reasons why having a small business...Read more
There are a number of reasons why small business owners need to follow the basic accounting rules. For one, it can help them establish the proper pricing structure for their products and services. It can also help them get through audits and understand their company’s performance quite easily, apply...Read more
Top 3 Business Accounting Resolutions You Should Make As we welcome 2016, everybody is listing their New Year’s resolutions. Most people plan to make a change regarding their health, relationships, and career. However, as a business owner, you should also have resolutions to stick to for your business. While...Read more
You have finished college, got your first job, and you’re now earning your own money! Congratulations! But, how would you be able to manage your money now? Are you financially literate? Being a young adult sure brings up a lot of responsibilities, and finance might be one of the...Read more
For most people, paying less tax seems impossible. Others try to hack the system and try to find illegal ways to escape the IRS. While they might be able to do so, it wouldn’t last very long at it would most probably end to more tax penalties; or worse,...Read more
With over 37 years of experience as a Certified Public Accountant, Terry L. Kime understands the importance of financial literacy. He decided to specialize in tax preparation, financial planning, and investing after obtaining his Master’s Degree in Science of Taxation in 1986 to help people gain more power over their money.