Whether you like it or not, tax season is upon us. Really, you should be thinking about your taxes all year long. But once the New Year comes around, it’s time to start doing some personal tax preparation. April 15th… Read More
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Bookkeeping Tips for the New Year
The New Year is the perfect time to make positive changes to our personal and professional lives. It is a time of new beginnings. As accountants, one of the ways we like to start a new year off on a… Read More
Should You Outsource Small Business Accounting?
There is a myriad of reasons every small business should always take advantage of accounting outsourcing. In fact, when it comes to business accounting, making sure you dot your I’s and cross all of your T’s becomes increasingly important. Here… Read More
Traditional or Roth IRA: Which is Right for You?
Saving for retirement is an important part of planning for your future. When it comes to putting money away, most people are choosing between the two main types of IRA, or Individual Retirement Account. The traditional IRA has long been… Read More
The IRA Contribution Limit in 2021: What It Is and Why It Exists
So you’ve decided to open an IRA. Whether you opted for a Roth IRA or a traditional one, you can rest assured that you’re making a great investment in the financial stability of your future. But, as you should already… Read More
Why AI Cannot Replace Accountants
The threat of automated machines replacing workers has been a concern of humankind since the industrial revolution. In our lifetimes, we have seen technology take the place of some unskilled laborers. Currently, artificial intelligence is the frontier of science. This… Read More
Did You Hire a Bad Bookkeeper?
Every business needs bookkeeping. Some business owners choose to handle this task themselves, and others choose to hire a professional. In most cases, the wiser choice is the latter. But there are too many cases of small business owners hiring… Read More
What Can a CPA Do that a Regular Accountant Can’t?
Every small business owner is—or should be—thoroughly acquainted with the necessity of having an accountant. An accountant can handle far more than just a bookkeeper. You’ve probably heard the term ‘CPA’ thrown around a good deal as well. You may… Read More
Personal Tax Services: Who Needs Them?
It’s obvious why most businesses can benefit from tax services. But what benefit do they have for people’s personal finances? If you’ve ever tried to file your taxes yourself, you know just how dizzyingly complicated it can be. For this… Read More
Tips for Small Businesses to Save Money on Taxes
This year has been undeniably tough for many small businesses. If you’re a small business owner, you may be dreading this coming tax season. Here at Bowman & Company, we know that far too many small business owners end up… Read More