When it comes to managing your finances, selecting the right tax and accounting partner is crucial. But with so many options available, how do you decide who to trust with your hard-earned money? Let’s dive into why Atlantic Tax Services might just be the perfect fit for you. Expertise That Translates to Savings At Atlantic...Read More

As we move into 2024, it’s essential for families to stay informed about the latest updates and regulations concerning the Child Tax Credit (CTC). The Child Tax Credit has long been a crucial financial support for families, helping to offset the costs of raising children. This year, there are several important changes and updates that...Read More

Managing finances effectively is crucial for both individuals and small business owners. While there are similarities in the basic principles of financial management, the specifics can differ significantly. This article will explore the key financial tips for both personal and small business finances and highlight the differences between the two. Personal Finances 1. Budgeting Creating...Read More

As the fiscal year draws to a close, it’s crucial for both individuals and businesses to take stock of their financial situation and implement effective tax planning strategies. Proper year-end tax planning can significantly reduce your tax liability and ensure you’re taking advantage of all available deductions and credits. Here are some key strategies to...Read More

In today’s fast-paced business world, staying on top of your finances is crucial. Whether you’re a small business owner or managing a large corporation, accurate bookkeeping and accounting are the backbone of your financial health. But let’s face it—managing finances can be daunting and time-consuming. This is where professional bookkeeping and accounting services come into...Read More

Managing payroll can be a daunting task for any business, but implementing best practices can simplify the process and ensure accuracy. Here are the five best practices for efficient payroll management: 1. Automate Payroll Processes Manual payroll processing is time-consuming and prone to errors. Automating payroll processes using payroll software can save time, reduce errors,...Read More

Managing the financial aspects of a small business can be daunting, especially when it comes to bookkeeping. Small business owners often juggle multiple roles, making it easy to fall into common bookkeeping traps. Understanding these pitfalls and learning how to avoid them can save time, money, and stress. Here, we’ll highlight the most frequent bookkeeping...Read More

For many married couples across the United States, tax season can be a source of stress, especially when discrepancies or errors emerge during the joint filing process. Traditionally, spouses opt to file their taxes together, benefiting from higher deductions and potential tax breaks. However, this joint filing system also introduces a risk of encountering financial...Read More

Deciding to hire an accountant is a significant step for any small business owner. Accountants not only alleviate much of the administrative burden associated with managing a business, but they also become increasingly vital as your operations grow and financial matters become more complex. This guide will explore whether bringing an accountant on board is...Read More

In August 2023, Empower, a financial services company, in collaboration with The Harris Poll, conducted a survey involving 2,034 Americans aged 18 and older to explore their views on financial happiness. The survey revealed that 59% of participants believe that happiness can indeed be purchased, and on average, they considered $1.2 million in savings as...Read More