Richmond & Company, CPA's, A.C.

06/10/2024

Each takes a different approach to budgeting, but all share the common goal of helping you reach your financial goals. Guidance to navigate through life's challenges towards financial success is just a call away! Contact us at (304) 252-7353.

06/07/2024

As a business owner, navigating tax debt and knowing your options for resolving it effectively is essential. By being proactive, the strategies you can take towards tax relief and relieving the burden of financial stress can be easy! Don’t let tax challenges overwhelm you and your business.

06/05/2024

There are multiple factors that can contribute to your credit card limit. Income, debt-to-income, credit history, type of credit card and even your limit on other cards all play a role in the determination of your credit card limit. We keep your finances in order so you can continue focusing on what you love! Call us at (304) 252-7353 to schedule a consultation.

06/04/2024

2024 is the year of taking your business to the next level. We are here as your consultant to guide you along this path. Running a business is hard, but data shouldn’t be. Contact us at (304) 252-7353.

06/03/2024

With up-to-date financial records, you can make sound financial decisions, stay organized, protect yourself from potential losses or threats, look for opportunities, and build trust with customers and investors. Failure to keep the records updated can mark your business as a fraud at worst and end up paying penalties. We'll save you hours of confusion and stress - you can count on that! Contact us today at (304) 252-7353 for more information about our services.

05/31/2024

As a taxpayer, it is important that you trust those helping you to tackle your finances and navigate the complexity of tax law and regulation. Hiring the right tax preparer is essential for maintaining accurate filings and ensuring you maximize your tax returns. Before hiring someone, be sure to ask these helpful questions to make an informed decision.

Tax season can be a daunting time for many individuals and businesses alike. With complex tax laws and regulations, it's essential to have a knowledgeable and trustworthy tax preparer by your side. Whether you're a first-time taxpayer or a seasoned business owner, selecting the right tax preparer is...

05/29/2024

Life gets stressful, but we're here to make your bookkeeping a breeze. Contact us today at (304) 252-7353 for more information about our services.

05/28/2024

When starting your business, you'll have to choose one of two different accounting methods: cash or accrual. Cash-based accounting is typically used for small, first-time businesses where sales and expenses are recorded only at the time of payment. Accrual accounting is more complicated to cash-based accounting. Sales or expenses are recorded when they're incurred, even though the payments will begin at a later date. The accrual method encompasses a longer-term view of the business across multiple periods, and it’s the standard among larger companies and financial institutions. Take a moment to determine what you think will be fit your business, and if you need additional help with your businesses accounting - don't hesitate to call us today at (304) 252-7353!

05/27/2024

You Can Expect Extraordinary and Personalized Service from Us. Don't Wait! Contact Us Today at (304) 252-7353!

05/24/2024

Setting personal financial goals shouldn’t seem like a daunting task. In fact, it should be motivating! Securing your financial future to purchase a home, start a business, or retire in a heathy spot helps you take control of your future and success. Set clear and achievable goals that align with your aspirations and priorities.

Setting financial goals is a crucial step toward securing your financial future and achieving long-term success. Whether you're aiming to buy a house, start a business, or retire comfortably, having clear and achievable financial goals can provide you with direction and motivation. In this blog post...

05/22/2024

Keeping accurate and up-to-date records increases a small business’ chances of success and are especially important to have for tax time. Try creating a folder of all paper receipts based on expense type, vendor, or supplier. For more small business accounting tips, contact us today at (304) 252-7353!

05/21/2024

1. Estate Taxes are Only Effective if the Estate Has a Greater Value than the Threshold.

2. Not All Estates are Subject to Federal Estate Taxes

3. The Normal Rate Paid for Estate Taxes is 18%

4. Asset Transfers to Living Spouses are Spared from the Estate Tax

5. Estate Taxes Are Different from Inheritance Taxes.

To schedule a consultation, contact us at (304) 252-7353.