Kevin D Carter CPA

As bookkeepers, our role changes with the needs of your business. Here is a list of some of the work tasks that we may handle for you! We aim to make your job easier by letting you focus on what you do best. Contact us today at (401) 736-0040.

Tax scams are designed to look official, and AI is often used to improve their quality and design making their schemes more difficult to detect. Only open or approve something if you expect it and know what it is. If you accidentally open a page or a document, a scammer can easily add malware to your device, monitor your activity, and steal your personal information. Report any suspicious and unsolicited emails to the IRS. Have questions about a message’s legitimacy? Call us at (401) 736-0040 today.

By adopting strategic cash flow management practices, nonprofits can enhance financial stability, support long-term sustainability and continue making a meaningful impact on the communities they serve. Check out this article from Forbes with some tips and tricks to maximize cash flow management. If you're looking for help managing your finances, we're here to help. Set up an appointment with us today at (401) 736-0040. https://bit.ly/3Wz0lgF

For self-employed business owners, claiming a home office tax deduction is an advantageous strategy; however, the IRS sets very specific requirements in order to be eligible to qualify for the deduction. Having a detailed record-keeping process is essential in ensuring a smooth home office deduction claim. https://bit.ly/43k6v69

There are many different areas of accounting that focus on specific services and industries. Depending on your circumstances, you may need one of these specialties to help you reach the financial goals. If you need help getting your finances in order, you've come to the right place. Schedule your first consultation with us today at (401) 736-0040.

IRS agents are assigned official identification cards known as HSPD-12 cards. Someone is likely falsifying their identity if they cannot provide it. If they claim to be someone you know, hang up and call that person directly. Scammers aim to get your emotions heightened so you aren’t thinking clearly. Slow down, stop the conversation, and speak with someone you trust. Report any fraud to the IRS or the Federal Trade Commission. More questions on tax time safety tips? Contact us at (401) 736-0040.

Business owners: Do you need both an accountant and a bookkeeper to help manage your finances? While they basically have the same goals when it comes to assisting your business, there are differences in their responsibilities. Bookkeepers mainly focus on recording daily transactions, sending invoices, processing payments and reconciling accounts, while accountants use this data to create financial reports and help the business owner make long-term decisions. Contact us today at (401) 736-0040 to find out how our team can help you reach your financial goals.

Did you know that repatriating funds can significantly impact your business’ financial strategies, investments, and competitiveness in the global market? Its true! It is a critical aspect of operating international business and requires careful planning to ensure optimum globalized economic performance. https://bit.ly/3PqioSk

A correspondence audit lets the taxpayer know additional documentation is needed to complete their return. The IRS might ask for receipts, bills, employment documents, canceled checks, legal papers, loan agreements, shareholder reports or even ticket stubs to substantiate specific items on your return. Be sure to respond according to the deadline in the letter or to request an extension to respond. Have more questions about audits and your particular tax requirements? Contact us at (401) 736-0040.

You've probably heard of the term "cash flow" before but aren't certain what it means. By definition, cash flow is the total amount of cash and cash equivalents that move in and out of a business. Preparing cash flow statements and having an accountant analyze them is key to running a healthy business. If you're looking for help managing your finances, we're here to help. Set up an appointment with us today at (401) 736-0040.