Tax season is here and many of us are wondering about how to file correctly, what kind of refund we may be getting and whether we should hire accountant or go it our own with an online service. But there’s something else we must put top of mind: tax return fraud. Here’s how to avoid […]

Dear CPAs, thinking of offshoring your key business processes? But worries about data security and professionalism keeping you restrained? Well, of course, this is a difficult choice to be made. Apart from the business service, you want to work with companies that offer data security, professional approach, trust, and ethics. But what if professionals with […]

Like me, many of you may have tried to get in touch with CPAs but on most occasions have been unsuccessful in the first few attempts. The genuine plausible reason of not being able to reach them is “They are busy”, honestly! One would naturally wonder why would a self-employed professional be so tied up? […]

Here are 10 accounting mistakes business owners commonly make and the reasons why these errors—both calculated and inadvertent—can be so detrimental. 1. Falling Behind in Entries and Reconciliation Time is definitely not on the side of the small business owner, especially when there may be daily fires to put out. Suddenly, months have passed without making […]

The Internal Revenue Service (IRS) recently announced it will not require taxpayers to amend their returns or pay back any extra money they received in their refunds due to incorrect health care-related tax information on Form 1095-A. This is good news for individuals who may have mistakenly filed an inaccurate return. However, the IRS is […]

Working for accounting professionals from more than two years, TWO DOTS have now relaunched, with more security, certified professionals and new premise.