Taking your customer service up a notch can reap huge benefits. If you want to retain satisfied clients who help spread the word about your business, use these steps to wow them. DO WHAT YOU SAY Everyone appreciates someone who honors their word. Clear communication from the start is key. Mapping out exactly what will … Read more
Do you keep track of all the money you spend in a month? Tracking your expenses will help you take control of your financial life. SPENDING TRAPS By tracking your expenses each month, youll be able to identify negative spending habits that you can change to make your money work better for you. You might … Read more
Are you a medical provider who received Provider Relief Funds (PRF) from the Department of Health and Human Services (HHS)? Why did you receive these funds? What requirements do you need to meet to comply with Health and Human Services? The federal government responded to COVID-19 with several laws which provided new programs to help … Read more
Did you know, misfiling your 1099 Forms carry a substantial penalty? Next month is the due date for their timely filing. Now is the perfect time to review your vendors in your accounting software while there’s still time to gather any missing information to ensure you are ready for filing. A 1099 form is an … Read more
Depreciation is the allocation of the cost of a physical asset over its expected life. Its a way of estimating how much of the asset has been used up. Depreciable assets include things like buildings, vehicles and equipment and there are a few ways to record depreciation on your tax return. SECTION 179 DEDUCTION For … Read more
As the year comes to an end, it is time again to consider how you can keep a little bit more of your money out of Uncles Sam pocket. Below is a list of tax ideas for the savvy small business owner. Some you have likely heard of before, but maybe youll see something new … Read more
There is a lot of confusion among both clients and accountants about the myriad of ways a client can get their QuickBooks (QB) files into their accountants hands. Here is a rundown of options and their pros & cons. NOTE: For all types of files, please use a secure way to get them to your … Read more
At ADKF, we pride ourselves on the relationships we develop with our clients. We grow with them and are proud to be their trusted advisors. Because of how important our clients are to us; we want to share their stories. This quarter, we interviewed the San Antonio Christian Schools (SACS) Human Resource Director, Christy Mitchell. … Read more
Reviewing where you stand financially before the end of the year means you can take advantage of tax-saving opportunities that end December 31, 2020 and then start financially strong in the New Year. BE FLEXIBLE If you have a flexible spending account (FSA), be sure you use all the funds before years end, unless your … Read more
Anette grew up in the Rio Grande Valley and graduated from University of Texas Pan America (now University of Texas Rio Grande Valley,) with her Bachelor and Master degree in Accounting. She had completed an internship in the Valley and worked with both audit and tax clients where she discovered her passion was audit. Anette’s … Read more