Suzanne T. Hutton, CPA

11/29/2023

Once you’ve opened your retirement account, choosing how to invest the money in it your account is key. It’s a good rule of thumb to hold a mix of stocks, bonds and cash, but the allocation of these assets depends on your risk tolerance and your retirement goals. If you need help with your retirement plan, look no further. Schedule an appointment with us today at (985) 792-7757!

11/28/2023

It’s important to keep certain documents handy for business and tax purposes. Make digital copies and keep physical copies of your payroll documents, 1099 forms, tax returns, customer payments, sales receipts, customer invoices, cancelled checks, bank statements, and credit card statements. Searching for a skilled and professional accountant? Look no further! Contact us at (985) 792-7757 to schedule your consultation. We look forward to working together!

11/27/2023

Parents often worry that discussing their financial situation with their children will cause undue stress. In reality, being open and honest about your family’s finances can help improve their understanding of budgeting and spending responsibly. It will also help prepare your child for the ups and downs of their own financial future. Contact us today at (985) 792-7757.

11/24/2023

Staying up to date on your business’ financial reports is essential for success. It requires accurate and timely reporting as it can provide a glimpse into the health of your business and guide decision making. When done accurately and properly, financial statements can fuel your business growth and promote business continuity.

Savvy business owners understand the importance of having a complete, up-to-date understanding of a business' financial status. One of the most effective ways to accomplish this is through timely and accurate financial reports. When produced efficiently, financial reports provide a snapshot of finan...

11/23/2023

We’d like to wish our clients, business partners, associates, friends, and all of your families a happy Thanksgiving. We are grateful for your trust and loyalty! Thanks for being part of our family. 🦃🥧

Guidance to navigate through life's challenges towards financial success is just a call away! Contact us at (985) 792-7757.

11/22/2023

Bookkeeping is imperative to running your business smoothly. These 3 important documents will help you operate the backend properly. 1) Have a balance sheet. This will show you your liabilities, assets, and equity. 2) Keep a profit and loss statement. This helps you identify if your company is profitable or not. 3) Maintain a cash flow statement. This keeps track of where all the money is going. Focus on your business and leave the bookkeeping up to us. Contact us today at (985) 792-7757.

11/21/2023

Do not worry about your personal credit score being affected by a company-issued credit card. Consumer credit bureaus reports only affect individuals who personally guaranteed the debt on the business card. If you have more questions, don't hesitate to contact us at (985) 792-7757.

11/20/2023

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 (985) 792-7757.

11/17/2023

Managing your credit score is a vital aspect of personal finance and can have multiple effects on your ability to borrow money. Unfortunately, some people struggle with maintaining a good credit score due to a variety of reasons such as excess spending habits or a lack of financial education. Following these tips can help boost your credit score and get you one step closer to financial freedom. No problem is too big and no detail is too small. We are available to handle it all! Give us a call at (985) 792-7757.

A good credit score gives you access to financing and positively impacts your ability to borrow money. It is also essential when seeking approval for a mortgage or rental and can affect your job opportunities. Unfortunately, some people struggle with maintaining a good credit score due to poor spend...

11/15/2023

Running a business without an accounting system can be very tricky. It is comparable to growing up and attending school without ever receiving a report card about how you did. It will be hard to know if you outperformed your numbers from last year and what you need to do differently this year. Spend more time focusing on your business and let us handle the rest! Call us at (985) 792-7757 to schedule a consultation.

11/14/2023

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 (985) 792-7757.

11/13/2023

Have you been tracking your mileage this year for your 2023 taxes? For 2023, the IRS' standard mileage rates are $0.655 per mile for business, $0.22 per mile for medical or moving, and $0.14 per mile for charity. Read this article to familiarize yourself with the use requirements and how to make sure you are properly tracking miles to be ready for tax season. For all your tax-related questions, contact us at (985) 792-7757. We'd love to help you!

The 2023 IRS standard mileage rates are 65.5 cents per mile for every business mile driven, 14 cents per mile for charity and 22 cents per mile for moving or medical.