Entries by Sarah Smith

The Impact of Regulatory Changes on Small Business Accounting Practice

Small business owners are facing a rapidly changing regulatory landscape that directly impacts their accounting practices. Understanding the impact of regulatory changes is crucial for maintaining compliance and ensuring the financial health of your business. By staying informed and adapting to new regulatory compliance requirements, you can protect your business from potential pitfalls and leverage new opportunities. […]

Financial Literacy for Individuals: Key Accounting Concepts Everyone Should Know

Financial literacy is essential for making informed decisions about personal and business finances. However, according to a report from the World Economic Forum, financial literacy in the U.S. has remained around 50% for eight consecutive years, with a 2% decline in the past two years. This statistic highlights the need for individuals to understand fundamental accounting […]

Individual Tax Return Checklist for Arizona Residents

Modern taxes in the United States got their start during the Civil War. Taxes have been unavoidable since then. Every year, people have to start thinking about their individual tax return options. Filing an individual Arizona state tax return can be stressful. What do you need to file one correctly? What can you do to […]