ARTICLES/ IN THE NEWS

Articles

How Much Americans Made in 2018 – Numbers Tell Stories Series – Part I

September 27, 2020
By AccountingGo Staff Per the most recent data released from the IRS, there were approximately 153.8 million individual income tax returns filed for year 2018. Of those returns, approximately 58% reported adjusted gross income (AGI) of $50,000 or less, 23% between $50,000 and $100,000, and 19% reported income of $100,000 or more – See the...
Read More →
AccountingGo News

AccountingGo Expands Across the US

September 9, 2020
In just three months, AccountingGo has reached more than 30 major U.S. metro areas, with plans to bring its effort to make accounting services more accessible to every major metro area in the nation by the end of the year. AccountingGo (www.accounting-go.com) provides a free online platform allowing viewers to search through profiles of young...
Read More →
In The News

AccountingGo Connect Small Business with Affordable Accounting – Small Business Trends

August 3, 2020
As seen on Small Business Trends on August 03, 2020 “Let’s say you own a small manufacturing company in LA. You applied for a loan to grow your business,” he writes. “You think: ‘Maybe I should find a young accounting firm. Maybe they’ll be more accessible and give me a price cut. The question is...
Read More →
In The News

AccountingGo releases accounting firm listing service – Accounting Today

August 3, 2020
As seen on Accounting Today on July 24, 2020 AccountingGo has released an accounting firm directory for several major U.S. cities. The company focuses on firms less than three years old and provides search filter options such as location, specialty and industry. Especially during the current COVID-19 pandemic, which has disrupted businesses and incomes, people...
Read More →
Articles

Status of Your Stimulus Payment

April 26, 2020
Millions of Americans have already received their stimulus payments authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The IRS continues to calculate and automatically send the payments to most eligible individuals, however some may have to provide additional information to the IRS to get their payments. You may be eligible to...
Read More →
Articles

Should you amend your 2018’s tax return?

March 30, 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020 as part of a $2.2 trillion aid package. Some parts of the bill do not require you to take any action such as the ‘stimulus check’ for eligible individuals ($2,400 for joint filers, $500 per qualifying child). However,...
Read More →
Articles

IRS Tax Payment and Filing Deadline Extended to July 15, 2020 Due to COVID-19

March 18, 2020
The IRS today issued guidance allowing all individual and other non-corporate tax filers to defer up to $1 million of federal income tax (including self-employment tax) payments due on April 15, 2020, until July 15, 2020, without penalties or interest. The guidance also allows corporate taxpayers a similar deferment of up to $10 million of...
Read More →
Articles

How To Select Accounting Software for Construction Contractors

October 11, 2019
There is no one best software for all contractors. Although QuickBooks is known as the most popular software among the smaller-sized businesses, many contractors are still searching for alternatives. QuickBooks users find the software easy to use and affordable. However mid-size self-perform contractors opt for more expensive software because the software gives them detailed job...
Read More →
Articles

Bookkeeping and Accounting – what are the differences?

October 11, 2019
Years ago when accounting software for small businesses was not as popular, the roles of a bookkeeper and an accountant were distinctively different. A bookkeeper typically handles and records daily transactions such as paying bills, creating invoices, collecting payments, making deposits, managing timesheets for payroll, reconciling bank accounts etc. Records kept by a bookkeeper reflect...
Read More →
Articles

How long should you keep your tax returns and supporting documents?

October 11, 2019
In general, the IRS has three years from the due date of the return or the date on which the return was filed, whichever is later, to audit and adjust the return. However, the IRS has six years to audit a return if a person fails to report over 25% of gross income. If a...
Read More →


Search For An Accounting Or Advisory Firm in Your Area