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Terrance L. Bartell, P.C.
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If you are someone who loves celebrating the holidays on a grand scale but are looking to avoid the financial implications afterwards, here are several tips and tricks that can be applied! Enjoy your holiday at its maximum potential without breaking the bank. Live life at its fullest all while minding your wallet and staying true to your budget. 1. Create and know your limit. Before turning your family loose at the shopping centers, sit down and plan out a holiday budget. As we all know, gifts can truly add up especially when shopping for a large family. Log on to a free holiday budget calculator and get a clear estimate on how much you will be spending. After you have a clear picture, track your purchases! If you struggle with this step, feel free to call us here at Terrance L. Bartell. 2. Plan in advance. With a clear number in mind, you should feel confident purchasing goods and gifts. A great way to stay in tune with your plan is to look for savings in the stores as well as coupons offered online. 3. Be realistic. Perhaps rethinking the "all-family gift exchange" this time around. In order to stick to your budget, you are going to have to sacrifice some aspects of the holiday season. Cutting your list this year can really make a difference. 4. Enjoy the holiday season. Although financial health plays a large roll in being able to enjoy the holidays, don't let it steal from enjoying your time with the family. Experience the magic of the season with the people you love most. Support one another with purchases that way you can all start off the New Year feeling great about your financial state. There is no better time to prepare! Stay true to your financial goals and enjoy. If you are in need of more guidance and support, contact us here at Terrance L. Bartell today!   http://dlvr.it/CtTjh3
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Nonprofit organizations often seek help from CPA firms to prepare final statements. Financial organization is key to running a successful nonprofit. Because nonprofits rely on donors and outside supporters, it is essential to have clear and presentable financial records to ensure that donors feel comfortable investing their hard earned money into the nonprofit. There are three main services that nonprofits usually seek out from CPA firms, these include audits, reviews, and compilations. It is not exactly simple to know which service your nonprofit needs though. That is why we are here to let you know the difference between the three.  Audits - An audit provides the highest level of assurance on an organization's financial statements. An audit assures that an organization's financial statements are free from any misstatements and are presented based upon the application of generally accepted accounting principles. An audit many include: confirmation with outside parties testing certain and specific transactions by examining supporting documents completing physical inspections and observations evaluating the internal control system of the organization  Reviews   A review is great for providing limited assurance on an organization's financial statements. During a review, inquiries and analytical procedures present a basis for expressing limited assurance that no material modifications to the statements are necessary. This sort of analysis is useful when an organization needs assurance about financial statements but does not need the highest level of assurance that audits provide.  Compilations  A compilation does not provide any assurance on an organization's financial statements. The CPA takes financial data that is provided by the organization and then organizes the information into a professional financial statement. The format generally complies with generally accepted accounting principles. Compilations do not involve testing or any analytical procedures.  Our CPA firm offers all three services. We are professional and ready to ensure that your nonprofit has the right financial assurance it needs. If you are not sure about which service to choose, we can help. Now is a great time to give us a call so we can discuss your goals for your nonprofit. We are ready to get started working hard so that your organization's documents are organized and ready to be presented to investors and donors.  http://dlvr.it/Cp78nR
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If you are a small business owner, odds are that you have dealt with some accounting tasks over the years. Depending on your type of business and your knowledge of money management your interaction and experience with accounting duties will vary.  Although accounting is not always hard to comprehend, most of us would rather have someone else do the hard work right? Although outsourcing your accounting work is often a wise choice especially if you have little to no experience with accounting, small business owners should always have a working knowledge on the subject of accounting.  Why not just leave it to the experts? First of all, it is your business therefore it is wise to have a working knowledge of everything that is happening within your business. In order to properly oversee everything that is going on it is essential to be able to understand the ins and outs. Here is a tip, do not wait until tax season to find out what is going with your company's finances.  Knowledge of accounting helps you understand financial records, such as the balance sheet and profit and loss statement, which reveal the worth of your company and whether it is profitable. This will enable you to make choices necessary to correct or adjust any areas of concern in your business before you get your annual tax return. Accounting based decisions may include anything from expansion to properly pricing your goods. Accounting keeps track of loans, money owed, equipment depreciation, salaries and other items that must be included in expenses. It also analyzes trends to help you make adjustments in policy to increase profit and cash flow.   One of the fastest ways to learn about accounting is by taking some beginner classes. You can also purchase accounting software that can be used to organize and produce reports for your company. Choosing the right software can ease your task load each month by simplifying the process. Once you feel as though you have a good hold on the accounting practices happening within your company, turn to the pros.  By hiring a CPA to handle your accounting you are choosing quality and efficiency. We can make sure your business is organized and on track. We are also willing to help you understand what is going on with your finances. We value communication and interaction. That is why we would like to meet with you in person. We know that each business is unique and we will treat your finances accordingly. Do not wait for the best CPA services in Denver, book an appointment with us today.      http://dlvr.it/Cp7B8g
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Taking advantage of a budget to manage your funds is essential for financial health however sometimes your budget may not work. The numbers may not match up or you somehow manage to overspend each month. Many issues with budgeting are not so much about the actual budget at all. Here are some common reasons as to why your particular budget may not be working and how you can get back on track with spending and money management.  1. You haven't spent enough time planning.  Budgets are not always set in stone. They should evolve as your life does. Depending on your line of work, some months may garner more income than others. That is why spending time on your budget each and every month is really necessary for success. It takes dedication but it is well worth it! Do not be afraid to adjust the numbers up and down as needed.  2. Your expenses are higher than your income.  A mistake that many run into is creating a budget that is unrealistic. If your net income is a negative number that means you are spending more money than you make. The problem here is not your budget, it is your spending habits. The best fix for this is to review each spending category and cut back on certain areas as you see fit. Living within your means can be difficult however if you want to get out of debt or be able to save money it is important to avoid overspending.    3. Your budget for certain categories is skewed.  Be realistic. It is easy to underestimate how much you'll spend on certain things, especially food. If you notice that you are consistently overspending then adjust your numbers accordingly. You might need to increase the budget for certain areas and that is ok. Remember that it could mean cutting back your spending in other places to keep from going over budget. Taking care of your finances is essential and we know how to do just that! We offer professional budgeting services in Denver. We can help you get on track and stay there with a well thought out and calculated plan. Making a change is all about taking that first step. We are here to help! Give us a call for more information today.  http://dlvr.it/CmXB7m
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Thinking long term when it comes to money matters is often something that is valued in our society. At a young age some learn that saving money is good and being smart with purchases is important. As we get older and time takes its toll, money matters tend to become more and more complicated however complication is not always bad thing. If you have a lot of on your plate when it comes to money management and running a business it may be time to get smart and consider hiring on a professional to work with you for success.  Thinking long term when it comes to money management is beneficial for many reasons. Many of us see money from the daily or even monthly perspective as we go about our lives spending and saving. Some even see money from a yearly perspective with annual salaries but rarely do we think about money in terms of decades. If you have a family the chances of you thinking about your money in terms of decades has probably crossed your mind however adopting this view point is rare indeed!  By changing your stance on how you view money and its management you will start to shift the way you act and invest. Perhaps you will choose to invest more or even spend less month to month. Another symptom of long term thinking is choosing a CPA firm to work with for years at a time. We believe that long term relationships with our clients are the best kind. Establishing a strong working relationship with our clients  is important to us and this is best accomplished over time.  We offer services that can be utilized year after year no matter what phase of life you are in. Choose our professional services is a great way to ensure that your financial future is organized and accounted for. From help with taxes all the way to small non-profit audits we can do it all and we are ready to get started with you sooner than later. Do not wait to make a choice that can impact your future in the best way!    http://dlvr.it/Ckr2B9
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If you are considering outsourcing your accounting services for your small business you may be on the right track. There are many benefits that come along with with choosing CPA services that are professional and organized. Here are just some of the many benefits that come along with choosing a CPA you can count on.  1. Peace of Mind - When it comes to money management having peace of mind is important. Many would even argue that it is essential. If you run a small business knowing that your finances are organized and being prepared by a true professional is a great feeling. Take some pressure off of yourself and get to focusing on things you want to focus on. With our CPA services you can get busy doing what you love while we handle your accounting tasks.  2. Automation -  With the advancement in accounting software, the ability to get jobs done quickly has become a reality. By choosing a CPA who is up to date on the best practices of accounting, you can rest assured that the jobs will be done efficiently and properly. Quality matters to us, that is why we pay attention to every detail in every task we take on.  3.  Frequent Advice -  Dealing with money is not always easy especially when it comes organization and documentation preparation. When you have a CPA on your side, you have access to the best financial information in Denver. We will use our experience and expertise to ensure that you are on the right track!  Our CPA firm is ready to make sure you get the best accounting service in Denver.  We are ready to meet with you in person to discuss your financial goals. If you are ready to help your small business thrive, we are ready to be apart of the journey.  http://dlvr.it/Cjt683
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As a small business owner you have a great deal on your plate. The last thing you should be worrying about are basic levels of company organization. With the help of our compilation services, you can have statements prepared monthly, quarterly, or annually. A complication financial report is a summary that includes every financial aspect of your company. We will be able to assess your company and decide whether or not other accounting services offered through our firm are necessary. Ensure longevity and success for your small business with our help. Keep in mind our compilation reports offer no financial suggestions as to what facets of your small business may need change. We issue a standard report, free of audit or review. If you are looking for a service with more financial guidance, head to our website and review our list of services!   Our ultimate goal is to ensure that our clients receive the best information as possible. We take our job very seriously and strive to put our clients first. If you are ready to take the next step in growing your small business, be sure to give us a call.  We are ready to speak to you about your CPA needs today http://dlvr.it/CjK8YM
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Managing a small business is not always easy. That is why when it comes to money management, being organized and having a plan is essential. If you are just starting out and are looking for some guidance, here are a few tips to help you out along the way. Here at our CPA firm we can make sure that your money is properly accounted for and organized.  1. Know your minimum cost of living.  If you are new to managing your small business, this tip is absolutely essential for the first couple of years. Calculate how much money you need to live on and withdraw that money from your business income. With the remainder of your profits be sure to invest it back into your company. Put it back in order to maintain growth.  2. Avoid hiring staff too early.  In a young business, the largest expense is covering payroll. When things get busy it seems like carrying a heavy load of work may be too much for just one or two people. It may be temping to hire a staff member to help however if you are unable to financially support staff, resist this urge. Never hire staff until you absolutely need them! When you are ready to hire employees we can help with out professional payroll services.  3. Negotiate terms with vendors.  When working with outside vendors like delivery services, caterers, and electricians do not be hesitant to negotiate the terms of your agreement. Use contractors that are open to customized plans. Working with individuals on a more personal level is a great way to reach your goals. We are ready to help you and your small business start thriving. With our CPA services you can take your business to the next level. Remember, growth takes time. We are ready to stand with you to ensure that your company is everything you hoped it would be. We offer accounting services and so much more. Choose our professional services for a job well done.  http://dlvr.it/CgNmKY
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Assurance services are one of the many financial assistance opportunities we offer for businesses here at Terrance L. Bartell. Based strictly on your company's internal financial projections, previous or current transaction records, and other internal components, our assurance services can provide context and a new understanding for your company. Our CPA's evaluate what they already know about your company's current state and then assess that information based on importance or relevance. Most of the financial data we collect not only provides a better understanding but also indicates internal errors or any shortcomings that should be monitored.  Here at Terrance L. Bartell we strive to offer services that are personalized to your financial needs. If keeping your business organized and healthy is your main goal, give us a call today. Have all your questions answered and be on your way to a bright and secure financial future. Ensure that your business thrives by taking the time to hire a professional. Analyze your financial status and make the smart choice by hiring Terrance L. Bartell. What are you waiting for?   http://dlvr.it/CbqJgK
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The perfect CPA is out there, its just a matter of finding him/her! If you have enlisted in the help of a financial advisor but aren't completely happy, here are a couple of reasons why you should give Terrance L. Bartell a call.   If you are not receiving advice about individual savings plans and their personal benefits, then your CPA is not doing their job. If your CPA is strictly preparing financial statements, filling out tax returns and sending you the bill, you are working alongside a mediocre CPA. If your financial health is important, it may be time to switch to a firm that goes above and beyond.   If your CPA fails to explain things in a way you fully understand, Terrance L. Bartell is the CPA for you.  Finances are tough to wrap your brain around at times, which is why most people hire a CPA in the first place. Although this is an important facet of their job, some CPA's are poor communicators. Don't be confused or left in the dark when it comes to your financial state! Feeling confused or uniformed is not how working with a CPA should be. If they love telling you what your finances wont allow, you may want to think about switching CPA's. A great CPA empowers their clients and works to make them feel confident in their financial state. If you are being told no time and time again, you make want to begin the search for new financial support. Your relationship with your CPA should be a positive one! Here at Terrance L. Bartell we have our client's best interest in mind. If you are struggling with your current CPA, switch to the best financial advisor in Denver today.   http://dlvr.it/CZT4jS
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