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Sherry S. Borshoff, EA

Ethic in Accounting Matter

5 Reasons Ethics in Accounting Matter in Business

The code of ethics in accounting is a set of basic ethical guidelines that professionals must adhere to. These ethical guidelines are more closely described as general principles applying to honesty, morals, and integrity. However, the “code of professional conduct” is a specific set of rules enforced by governing bodies of certified public accountants. These …

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Casualty, Theft, & Disaster Loss | What Can You Deduct?

Casualty, Theft, & Disaster Loss | What Can You Deduct?

Going through a natural disaster is never a good thing, but you might be able to deduct the casualty, theft, and disaster losses you incurred on your annual tax return. To claim the deduction, you must meet certain requirements and follow specific rules as per the IRS. Since the process can get confusing, it’s recommended …

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Top 10 Retirement Savings Tips You Should Know

Top 10 Retirement Savings Tips You Should Know

Retirement planning can be frustrating, scary, and overwhelming. That’s why it’s crucial that you are aware of the best retirement savings tips when planning, investing, and saving for retirement. You want the greatest results when you decide to retire! Some of the key things you should be doing at any age include retirement planning, investing …

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7 Things the IRS Doesn't Want You To Know cover

7 THINGS THE IRS DOESN'T WANT YOU TO KNOW

Download our guide to ensure you know everything you need to and are prepared to deal with the IRS.