Sklar Carmosin & Company

12/18/2023

Hiring a bookkeeping professional or accountant is important for peace of mind. When software is used, that leaves room for errors and mishaps since an experienced professional is not reviewing the paperwork. Research shows that business owners spend approximately 33 to 100 hours a year trying to keep track of their taxes and bookkeeping. Let us do the heavy lifting for you. Contact us today at (215) 885-5811.

12/15/2023

As a taxpayer, it can be confusing to understand tax laws and regulations because they are constantly evolving. Knowledge of the current tax laws helps one make informed decisions that can maximize your tax benefits. It’s a good idea to stay updated on tax codes that frequently change. Get real answers from a tax professional! Give us a call at (215) 885-5811.

Tax laws are constantly evolving, and staying up-to-date with the latest changes is crucial for accurate tax planning and compliance. As a taxpayer, understanding the current tax laws and regulations can help you make informed decisions and maximize your tax benefits. In this blog post, we will expl...

12/13/2023

Piggy banks are a great savings vehicle for younger children, but when they hit elementary school, consider opening a kid's account at a bank. It's a great way to start instilling the importance of gradually building up their balance as well as an introduction to the banking industry. Call us at (215) 885-5811.

12/12/2023

It's important for parents to establish positive financial habits in their children at a young age. Build saving and budgeting skills by providing a weekly allowance as payment for completing chores. When children have to work for their money, they’ll learn to use it more carefully! Contact us at (215) 885-5811.

12/11/2023

Board games can help kids learn the importance of thriftiness while having fun! Games like Payday and Monopoly can teach your children valuable budgeting, investing, and money management skills. Find the right game for your family and try it out at your family's next board game night! Give us a call at (215) 885-5811.

12/08/2023

The Earned Income Tax Credit (EITC) is a refundable tax credit that can be beneficial for most low- or moderate-income families. It was created in 2020 as a work bonus plan to supplement certain taxpayers’ income. It reduces the amount of tax owed on a dollar-for-dollar basis and is adjusted for inflation each year. If you have questions about whether you quality, contact us today at (215) 885-5811!

The Earned Income Tax Credit (EITC) is one of the most beneficial tax credits for families with low or moderate combined incomes. It puts an average of $2,043 back in the hands of eligible workers and families. About 31 million people applied for and received the credit in 2022, according to the IRS...

12/07/2023

Wishing you and your family a very happy Hanukkah!🌟 We hope your eight days are filled with light, warmth, and joy!

12/06/2023

Retirement-specific saving accounts, such as 401ks, are a great way to build up your retirement nest egg. That said, there can also be drawbacks to these types of accounts. One common example is that before January 1, 2024, you typically can’t withdraw funds before age 59 ½ without incurring penalties or taxes. Whichever type of account you use, researching its advantages and disadvantages will help you make an informed decision. We'll save you hours of confusion and stress - you can count on that! Contact us today at (215) 885-5811 for more information about our services.

12/05/2023

Your business isn't bookkeeping, but it is ours. Let us take care of it for you! Contact us today at (215) 885-5811.

12/04/2023

A CPA is an accountant who takes care of all the math inside of your business dealing with financial planning, bookkeeping, tax returns, and more. Being a business owner is a lot as it is, especially when you add quarterly taxes and accounts receivable - tasks can start to pile up. No problem is too big, and no detail is too small. We are available to handle it all! Give us a call at (215) 885-5811.

12/01/2023

Picking the right accountant for you and your business can sometimes be difficult when you don’t know the right questions to ask. These 9 questions can help guide you throughout the process to ensure that your business’ growth, profitability, and long-term objectives are top priority.

A professional accountant plays an essential role in helping your startup achieve its strategic objectives. However, picking the right fit for your business isn't always a straightforward affair. These questions will help you in the process of searching for a suitable business accountant: 1. What Ar...