Effective tax planning is essential for ensuring long-term success and stability in the business finance sector. With ever-changing tax regulations and economic uncertainties, the importance of professional tax planning services has become increasingly clear. This blog delves into the major advantages of enlisting a tax planning service for your business, emphasizing strategic planning, compliance, and financial optimization.

Staying ahead of the curve is essential, not just an option, in the fast-changing business world. Business consultancy services have become crucial for companies looking to improve their operational efficiency and make smarter strategic decisions. This article delves into the key advantages of employing business consultancy, offering insights that can turn challenges into opportunities for lasting growth.

Audits are foundational to ensuring transparency, accuracy, and compliance within organizations. They are often approached with both respect and apprehension but serve a critical role in verifying financial statements, identifying mistakes, preventing fraud, and upholding regulatory standards. This guide is designed to clarify the concept of audits by exploring their purpose, importance, and the variety of forms they can take. It's tailored for business owners, financial experts, or anyone interested in understanding how audit processes work. Through this detailed overview, you'll gain a comprehensive insight into audits and how they are applied across different facets of business.

Effective January 1, 2023, section of 14 of Chapter 2022-97, Laws of Florida, created section 197.319, Florida Statutes (F.S.). This new law provides for a refund of a portion of property taxes for residential improvements rendered uninhabitable for at least 30 days due to a catastrophic event that occursin 2023. The Department of Revenue developed this guide to help homeowners understand the statute. The information provided in this guide applies to catastrophic events that occur in 2023. Amendments made to s. 197.319, F.S., by the 2023 Florida Legislature will apply to the 2024 tax assessment.

As a business owner in Altamonte Springs, Casselberry, Sanford, Orlando, Longwood, Apopka, Winter Park, or the surrounding areas, you understand that running a successful business requires more than just a great idea. It demands strategic planning, sound decision-making, and expert guidance. At W R Howell, CPA, we offer specialized business consulting services designed to help businesses thrive in competitive markets. In this blog, we'll explore the significant benefits of hiring a business consultant and how our expertise can elevate your business to new heights.

Tax season can be a daunting time for individuals and businesses alike. From complex tax codes to ever-changing regulations, staying on top of your tax preparation can be overwhelming. Fortunately, W R Howell, CPA is here to alleviate your tax-related stress. In this blog, we'll explore the compelling reasons why hiring a tax preparation service is the smart choice for residents and businesses in Altamonte Springs, Casselberry, Sanford, Orlando, Longwood, Apopka, Winter Park, and the surrounding areas.

As a small business owner in Altamonte Springs, Casselberry, Sanford, Orlando, Longwood, Apopka, Winter Park, or the surrounding areas, you understand the challenges of managing your company's financial aspects while striving to grow and succeed. In this blog, we'll delve into the myriad advantages of hiring professional accounting services and how they can significantly impact your small business's trajectory.

Tax planning is a crucial aspect of financial management that can significantly impact your overall financial well-being. As a Certified Public Accountant and Business Consultant, we at W R Howell, CPA, understand the importance of minimizing tax liability while maximizing your potential. In this blog, we will discuss the top five strategies to help you reduce your taxes and optimize your financial situation. By implementing these tips, you can make informed decisions and achieve greater financial stability.

When it comes to managing your business finances, ensuring accuracy, compliance, and strategic decision-making is of utmost importance. As a business owner in Altamonte Springs, Casselberry, Sanford, Orlando, Longwood, Apopka, Winter Park, or the surrounding areas, you need a trusted partner to navigate the complexities of accounting, QuickBooks, business consulting, payroll, business incorporation, tax preparation, and planning services. Look no further than W R Howell, CPA, your premier destination for professional accounting solutions. In this blog, we will delve into the world of accounting and unveil the resources we rely on to provide you with exceptional services tailored to your unique needs.

A passion for following one’s dreams and making a difference in the world has always been the driving force behind people starting businesses. The idea of building a community or giving back also arises when considering new business ventures, as does the prospect of finding true meaning and purpose in a career.

The Internal Revenue Service today released frequently asked questions (FAQs) about energy efficient home improvements and residential clean energy property credits in Fact Sheet FS-2022-40PDF.

Paying taxes, keeping receipts, and maintaining healthy books are essential for a business to stay compliant with the IRS. Employees also need to file their returns accurately if they want to avoid arrears and receive rebates on time.

The W R Howell, CPA team wishes you a very Merry Christmas, a joyous holiday season, and a happy, healthy, and peaceful New Year 2023!

As a Certified Public Accounting firm, we render personal attention and responsiveness to our clients and excel in payroll, and tax preparation. We also like to accept challenges and find solutions for our clients’ tough problems. Please keep reading to learn about how we help clients estimate their tax liability.

After all the recent talk of spiraling interest rates, rising inflation, and impending job cuts, there is finally some good news to cheer about. Retirement plan changes may be coming in the form of legislation introduced in Congress. 

Becoming an entrepreneur is exciting as it’s the first step towards financial freedom. You also get to run a business you love, make all the decisions, and enjoy the tax benefits of forming a company.

No matter how small or big your business is, having a tax and financial advisor can make a world of difference. If you are serious about your business, getting a CPA is recommended. CPAs or Certified Public Accountants are considered to be super accountants because they are required to clear a notoriously difficult licensing examination in a state. Technically, all CPAs are accountants, but all accountants may not be CPAs. An accountant might fulfill some of your business's accounting needs. However, there are specific circumstances where having a CPA can have its advantages. 

While the internet has information from A to Z, accounting and tax are topics that are both hard to understand and time-consuming. Tax calculations and accounting for even a small business with bare minimum transactions can be complex and necessitate special training and taxation expertise. A CPA or accountant is an individual or entity responsible for assisting your company in compiling financial statements, filing tax returns, identifying tax savings, and analyzing any tax issues that may arise.

Thanks for stopping by my blog. If you’re looking for more information about W R Howell, CPA, you’ve come to the right place.

I’m Wesley R. Howell CPA, the proud owner of W R Howell, CPA.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.