Thompson Accounting

Thompson Accounting "Do what you do BEST, and we'll handle the REST!"

We certainly love when our clients recommend us to their friends and family. Thank you for your continued support! ...
06/13/2023

We certainly love when our clients recommend us to their friends and family. Thank you for your continued support!

We’re half way through the year, it’s imperative that you know how the financial health of your company. Let’s start wit...
06/08/2023

We’re half way through the year, it’s imperative that you know how the financial health of your company. Let’s start with your profit vs revenue.

Revenue is the total amount of income from the sale of goods or services, while profit is the amount that remains after expenses, debts, and operating costs. In the grand scheme of things, your profits are generally the more important of the two. Even if your business is doing well in terms of revenue, too small of a profit margin can still spell trouble.

When evaluating where you are in your journey to financial health and freedom, be sure to consider both concepts.

We’re half way through the year, it’s imperative that you know how the financial health of your company. Let’s start wit...
06/08/2023

We’re half way through the year, it’s imperative that you know how the financial health of your company. Let’s start with your profit vs revenue. Revenue is the total amount of income from the sale of goods or services, while profit is the amount that remains after expenses, debts, and operating costs. In the grand scheme of things, your profits are generally the more important of the two. Even if your business is doing well in terms of revenue, too small of a profit margin can still spell trouble.

When evaluating where you are in your journey to financial health and freedom, be sure to consider both concepts.

While some instances of undercharging may be quite easy to spot, others are similar to a tiny leak in a boat, slowly sin...
02/28/2023

While some instances of undercharging may be quite easy to spot, others are similar to a tiny leak in a boat, slowly sinking your business. Be sure to check in regularly with your chosen finance professional to make sure you aren't undervaluing your business or yourself.

Another important for business owners. There are several methods of calculating depreciation, some of which minimize t...
02/17/2023

Another important for business owners. There are several methods of calculating depreciation, some of which minimize taxable income. Talk to your financial expert about the best method for your assets.

Hiring a knowledgeable accountant can alleviate the stress and anxiety directly associated with tax season. Let us help ...
02/02/2023

Hiring a knowledgeable accountant can alleviate the stress and anxiety directly associated with tax season. Let us help you make it through this tax season as stress free as possible.

Visit the link in our bio to schedule your consultation today.

📞 504-264-3125
📧 [email protected]
💻 www.thompsonaccountingfirm.com

Navigating business ownership starts with understanding the important terms and concepts you'll encounter along the way....
01/24/2023

Navigating business ownership starts with understanding the important terms and concepts you'll encounter along the way.

Are you ready to file your 2022 tax return?🎉IRS is now accepting tax returns!🎉Contact us today!📞 504-264-3125 💻 www.thom...
01/23/2023

Are you ready to file your 2022 tax return?

🎉IRS is now accepting tax returns!🎉

Contact us today!

📞 504-264-3125
💻 www.thompsonaccountingfirm.com
📧 [email protected]

Note: To avoid filing an amended return and/or delay in processing your return, make sure you have received ALL tax documents before filing.

Monday, January 23, 2023, is the beginning of the nation's 2023 tax season when the agency will begin accepting and proc...
01/20/2023

Monday, January 23, 2023, is the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns.

Be sure to supply your tax preparers with ALL tax documents to avoid a delay in your return being processed.

Most refunds issued in less than 21 days; EITC refunds for many available starting February 28

Business assets fall into three broad categories: tangible, intangible, and intellectual property. Using your current as...
01/19/2023

Business assets fall into three broad categories: tangible, intangible, and intellectual property. Using your current assets to their full potential, and assessing the right time to acquire new ones, are key to your business's success.

Business assets show the profitability and the financial position of your business. create accurate profit and loss reporting. increase goodwill and positive attitudes towards your business. assure shareholders and attract investors.

Misclassifying your workers can result in penalties such as monetary fines, being barred from state contracts for three ...
01/18/2023

Misclassifying your workers can result in penalties such as monetary fines, being barred from state contracts for three years, and even jail time. Knowing the legal differences will save your business a lot of trouble down the line.

Address

Terrytown, LA
70056

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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