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Misconceptions about outsourcing tax preparation services

Misconceptions about outsourcing tax preparation services

We are always doubtful about handing over our work to someone else which happens for many reasons, ability, deadlines, accuracy, quality, etc. Thus, small entrepreneurs are often very skeptical about outsourcing their tax preparation services. Today’s blog is all about busting the myths that you may have heard about...

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Hiring a part time Outsourced CFO who is also a CPA_ Isn’t it a great idea

Hiring a part time Outsourced CFO who is also a CPA? Isn’t it a great idea?

Here we are to discuss about the positive possibilities of hiring a CFO for startups, small and midsize companies. For that, lets first understand what exactly are CFOs. The chief financial officer is the one who bears the responsibility for managing the company’s finances, along with the financial planning,...

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How to convert an LLP into Private Limited Company?

The main difference between a Limited Liability Partnership (LLP) and a Private Limited Company is that In an LLP, the Partners hold ownership of the LLP and also hold powers to manage the LLPwhereas in a Private Limited Company, the shareholders (owners) do not necessarily have to have management...

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Cash Flow or Profit, where should you focus more?

Profit is a financial gain which is typically a difference between amount earned and amount spent in a business. Cash Flow is the amount of money being displaced into and out of business which affects its liquidity. When new entrepreneurs start their companies, the main aim is to earn...

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