Richardson Accounting & Consulting PLLC

07/13/2024

Batesville Consulting Sessions 💡

Connect with a business consultant on Tuesday, July 23 at the Batesville Area Chamber of Commerce

We are ready to assist all stages of business -- at no cost to you!

Schedule a session by calling 870-972-3517

10/10/2022

We hate to beat a dead horse here, but only 7 days left to get all of your 2021 filing in order if you filed for an extension. If you miss it, you can expect the IRS to slap some penalties on your account.

10/07/2022

10 more days until filing extensions for 2021 taxes are due.

Tick... tick... tick.

10/06/2022

One of the brighter sides of getting older is the plethora of discounts that become available when you reach your golden years -- and the list of discounts seems to be getting longer.

A great site to find a good list is the American Association of Retired Persons Member Benefits (AARP). Offers are broken down alphabetically and by topic and run a pretty complete gamut.

Also worth a look: Senior Citizen Discount List and Senior Strong.

Explore all the benefits that come with AARP membership. From travel and insurance to fraud protection, AARP has you covered. See a full list here.

10/05/2022

Making the right decisions for your business is wholly dependent on having the right information, whether big or small. Sometimes, that information takes time to curate because you have to update things in your “ledger” to make sure you know exactly where things stand.

While some delay in updating records is pretty common for business owners, the reality is, there are times you need to make quick decisions (both operationally and investment-wise).

If you don’t have the most updated bookkeeping that could mean missed opportunities, or even worse, lost money from making decisions based on incorrect information.

10/04/2022

While taxes are probably the last thing on the mind of Florida residents right now, the IRS has pushed back tax deadlines until February 15, 2023 to help bring some relief to all.

Certain tax filing and payment deadlines are extended for residents and businesses in Florida impacted by Hurricane Ian.

10/03/2022

Did you know that your tax returns can be reviewed, even if someone besides us prepared them?

We can often find mistakes made by software or other preparers -- and amend your return for a more favorable outcome.

Did you leave money on the table?

10/03/2022

Did you know that your tax returns can be reviewed even if someone besides us prepared them?

We can often find mistakes made by software or other preparers -- and amend your return for a more favorable outcome.

Did you leave money on the table?

09/30/2022

Fridays call for some uplifting news.

Canine surfers from across San Diego County and beyond hit the waves at Del Mar Dog Beach on Sunday during the annual Surf Dog Surf-A-Thon.

09/29/2022

A word on success, for small business owners (which applies to most people who don't own their own business as well):

Many business owners hold themselves back through improper or insufficient delegation skills. Simply put: It's likely you spend too much time on activities easily handled by somebody else.

There's one major place small business owners get hung up that will keep you "running a business" instead of *owning* a business -- and that's investing in the support staff you need to take some of the heavy administrative and marketing burdens off your plate.

This concept trickles down to areas of your personal life as well.
Are you feeling pressed to find the time to play soccer with your kids, or spend time on the creative outlet that makes you feel alive? It very well may be worth it to hire out your lawn care, or house cleaning, and free up that precious space in your schedule.

09/28/2022

4th quarter is the most important time of the year for tax planning.

If you make certain shifts now, you can dramatically lower your tax burden.
And almost all of these shifts can only occur before 12/31/22.
But some of them take some time and doing.

Get in touch if you're interested in what this looks like for you.

09/27/2022

A quick P/L analysis starting with these can help you see where you're at and where you're headed:

Projections: Are your income sources sustainable? Revenue - direct costs = gross margin
Examining where it’s gone over the past year can help you determine how your cash flow is likely to do near term.

Expenses: Are your biggest ones justified? Are there ways to reduce expenses overall?