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What Does an Accountant Do? Key Roles and Responsibilities Explained
When you hear the term "accountant," you might imagine someone hunched over a desk, surrounded by piles of paperwork and adding up...

Michael Silvers
Apr 34 min read
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Maximizing QuickBooks for Small to Mid-Size Business Financial Management: Essential Tips to Save Time and Money
As a small to mid-size business owner, managing your own bookkeeping through QuickBooks is a great start. It's an intuitive tool that...

Michael Silvers
Mar 304 min read
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The Crucial Role of an Accountant for Small and Medium-Sized Businesses
The Crucial Role of an Accountant for Small and Medium-Sized Businesses As a small or medium-sized business owner, you are often tasked...

Michael Silvers
Mar 213 min read
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Beware of Tax Scams: How to Protect Yourself This Tax Season
Tax season is here, and while many of us are focused on filing our returns and securing our refunds, there's something far more sinister...

Michael Silvers
Mar 204 min read
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Starting Your Own Medical Practice: Expert Financial and Tax Guidance for New Doctors
Graduating from medical school marks a monumental achievement in any doctor's career. As newly graduated doctors embark on their...

Michael Silvers
Mar 174 min read
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LA County Sales Tax Rate Increase Goes Into Effect April 1
Starting April 1, residents and businesses in Los Angeles County will see an increase in the sales tax rate, moving from 10.25% to...

Michael Silvers
Mar 63 min read
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Tax Alert: IRS Audits Are Increasing – Top Tips to Avoid an Audit and Protect Your Tax Filing
Tax season is upon us, and while most Americans are hoping for a tax refund, there’s always the nagging fear that you might get selected...

Michael Silvers
Mar 54 min read
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Why Choose an Accredited Accountant
Silvers Financial Services is Proud to Be a Member of AASBC At Silvers Financial Services, we understand that small businesses are the...

Michael Silvers
Feb 243 min read
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Why Choosing an Accredited CTEC Accountant Makes a Difference: A Proud Member of the California Tax Education Council
At Silvers Financial Services , we are proud to announce our membership with the California Tax Education Council (CTEC) . As an...

Michael Silvers
Feb 184 min read
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Finding the Right Tax Professional: Tougher Than Finding a Soul Mate, but Essential for Your Financial Future?
When it comes to managing your taxes, one wrong move can lead to unnecessary stress, penalties, and potentially expensive mistakes....

Michael Silvers
Feb 173 min read
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Understanding Telemedicine Taxation: Key Tax Considerations and Compliance for Providers
As the telemedicine industry continues to grow, so does the complexity surrounding taxes. Whether you are a telehealth provider offering...

Michael Silvers
Feb 134 min read
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How to Avoid Becoming a Victim of Personal Financial Fraud: Expert Advice from Your Local Accountant
Personal financial fraud is an increasing concern in today’s digital world, where scams and fraudulent schemes have become more...

Michael Silvers
Feb 54 min read
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4 Key Updates You Need to Know Before Filing Your 2024 Taxes
Tax season has officially arrived! As of January 27, the IRS is accepting 2024 tax returns, with the deadline for filing set for April...

Michael Silvers
Jan 272 min read
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Can I Write Off My Dog as a Tax Expense?
As pet owners, we know how much love and joy our furry friends bring into our lives. They’re playful, loyal, and always ready to greet us...

Michael Silvers
Jan 223 min read
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IRS Extends Tax Deadlines for LA County Due to Wildfires
In light of the catastrophic wildfires that have devastated many parts of Los Angeles County, federal, state, and local tax authorities...

Michael Silvers
Jan 152 min read
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Los Angeles Wildfire Assistance: Key Resources & Expert Tips from Your Accountant
If you’re impacted by the recent wildfires in Los Angeles, there are several key resources available to support your recovery.

Michael Silvers
Jan 123 min read
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Attention PayPal, Venmo, and Cash App Users: What the New IRS Tax Rule Means for You in 2024
Starting with your 2024 taxes (due in 2025), PayPal & Venmo will report earnings over $5,000 to the IRS, making it easier to track your bus

Michael Silvers
Jan 73 min read
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2024-2025 Tax Changes: What You Need to Know
2024-2025 Tax Changes: What You Need to Know As a business owner, staying up-to-date with tax law changes is crucial for managing your...

Michael Silvers
Jan 12 min read
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End-of-Year Tax Checklist: 7 Ways to Reduce Your Tax Bill
As the year draws to a close, now is the perfect time to get ahead on your taxes. While tax season may seem far off, the decisions you...

Michael Silvers
Jan 14 min read
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Key 2025 Retirement Plan Changes: 5 Tips Employers and Employees Need to Know
As we look ahead to 2025, there are some important changes coming to retirement accounts like IRAs and 401(k)s that could have a big impact

Michael Silvers
Dec 24, 20244 min read
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