Blog

The latest in accounting, taxes and financial news and updates.

4 Ways QuickBooks Can Help Your Business Thrive

Type “accounting software” in Google and you will see many options in the search results, including QuickBooks. At MBS Accountancy, each member of our team is fully certified as a QuickBooks ProAdvisor because we understand the benefits that it provides to business...

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A Not-So-Scary Look Back At October

Happy Halloween! Before you enjoy some wild Halloween parties and candy galore tonight, here’s a brief snapshot of all of the important news updates that occurred in October. We offer these updates so that you are aware of the latest news in the industry. Staying...

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Surveying TCJA Changes To Real Estate

In these final months of 2018, we are going to be reviewing the effects of the Tax Cuts and Job Act (TCJA) on your tax strategy and planning for next year. We briefly outlined some of the most important changes in January, May, and June and are just continuing our...

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Build Trust, Secure Your Data

Last week, we talked about the importance of data security for small businesses and offered tips on how to improve your password security, improve your resiliency against social engineering, and instill security awareness into your employees. Taking preventative...

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3 Things to Consider When Working With an Accounting Firm

Delegation is a business owner’s best friend. After all, the diverse responsibilities and tasks that come with the title of Business Owner are much too time-consuming to handle by yourself. Successfully delegating those tasks that are especially time-intensive allows...

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September 2018 Tax Updates at a Glance

Wait, it’s already the end of September? Wow. If your month was as busy as ours, you’ll agree that it feels like September just flew by. As a business owner, it can be difficult to keep track of the news and events that will affect your business. At MBS Accountancy,...

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Contractor or Employee? How The Dynamex Ruling Affects You

As a business owner, you are always watching the bottom line, constantly looking for ways to become more streamlined or efficient. One of the first things you may have done to streamline your business is hire independent contractors to handle work that was previously...

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Filing Late? Here’s 5 Helpful Tips

Well, it’s September already, which means that we are nearing the final months of 2018. Although many taxpayers have filed their taxes by now, others are still waiting on paperwork or bookkeeping processes to be processed. If you haven’t filed your 2017 taxes yet,...

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Streamline Your Business By Trimming Costs & Saving Money

Small business owners often wear many hats as they juggle the many responsibilities that come with having a new company. If you are constantly inefficiently multitasking with things like payroll, HR demands, customer support and business development, maybe it’s time...

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Securing Your Website Isn’t an Option.

Whether you are a small business just emerging into your industry or a well-established brand, your customers place their information in your hands, trusting you to keep it safe. Payment information, login credentials, and other sensitive data are all prime targets...

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Employees, Check Your Withholdings

Hey, employees, in light of the Tax Cuts & Job Act, there are many tax changes that have taken place (for more information, see this article). In particular, the changes to tax credits and deductions will have an impact on your taxes this year. Although you usually...

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IRS Providing Tax Relief for California Wildfire Victims

Fires have ravaged various counties throughout Northern California since July 23, leaving the lives of many businesses and residents destroyed with sometimes no warning. Because of the widespread destruction, President Trump declared a state of emergency which allows...

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5 Ways to Keep Your Data and Privacy Safe Online

2018 has been the year of data breaches and new scams. It seems as though a new company comes out every day with news of an internal or external data breach and an apology. While hackers and scammers are nothing new, it seems that they are more determined than ever to...

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The Most Deceptive IRS Tax Scams in 2018

It seems that tax fraud and scams have no off-season. At all times of the year, a smooth and convincing scam artist may call you and inform you of an IRS repayment due immediately or of a tax audit with your name on it. Understandably cooperative and a bit fearful,...

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