NxtStep CPA, PA

06/30/2022

A hedge fund is a pooled investment structure created by a money manager or registered investment advisor and is designed to make a return. This pooled structure is often organized as either a limited partnership or a limited liability company.

06/29/2022

Asset allocation is an approach for managing capital that involves setting parameters for different asset classes, such as equities (e.g., ownership or stocks), fixed-income (e.g., bonds), real estate, cash, or commodities such a silver or gold.

06/28/2022

A stock broker/brokerage is an institution or individual that executes buy-or-sell orders on behalf of a customer. Stockbrokers settle trades and make sure that cash or security gets to the right party by a certain deadline against their client's custody account.

06/27/2022

Bonds are essentially loans made to large organizations. These debt securities include corporations, cities, and national governments. The bond issuer agrees to re-pay the amount over a set period of time through interest based on the bond's coupon rate. The maturity date is when the bond becomes fully reimbursed by the issuer.

06/24/2022

How to Create an Effective Budget for Your Business

First-time business owners have to figure out several aspects of launching and running a business, and chief among them is creating a budget. The budgeting process can be intimidating for startups, especially if you aren't familiar with business terminology and how to gather accurate financial infor...

06/23/2022

Tangible property, such as land or buildings, can be used by the owner in exchange for payment. This can increase your monthly income by providing you with constant cash flow from your real estate investment.

06/22/2022

There are a plethora of ways to invest your money, such as stocks, bonds, and property. Having a clear understanding of investment options allows you to make the best decisions for growing your money. Read through these six most commonly used investment terms to learn more!

06/21/2022

We have a flair for numbers!

06/20/2022

Business growth – we account for that!

06/17/2022

How Does Cryptocurrency Impact Your Taxes?

Recent periods have been a busy time for cryptocurrencies, even amidst the global pandemic. Bitcoin, which is the largest cryptocurrency as per the market value, initially skyrocketed before fluctuating widely towards the end of 2020 and the start of 2021. Other cryptocurrencies, such as Tether, Eth...

06/16/2022

The assistance of a bookkeeper is invaluable to your business. Let us help you manage your books so you can focus on managing your business!

06/15/2022

We do the books while you do the business.