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What is Advance Child Tax Credit?
There are some exciting changes to Child Tax Credit. See how these changes could benefit you!
Read ArticleHow To Make Your Audit Work For You
You got your audit, but what do you do with it? Read our guide to see how your audit can help you.
Read ArticleWhat Beauty Schools Need to Know About Digital File Solutions
Why should your beauty school move to a digital filing system, and what features should your system have? Find out these things and more on our blog to help your school run smoothly!
Read ArticleWhat You Need to Know About Beauty School HEERF Audits: Our Complete Guide
Do new HEERF audit requirements have you wondering how to make sure your beauty school is prepared? We’ve got you covered. Find out what you need to know about rules, requirements, and more so you can pass your HEERF audit!
Read ArticleChoosing An Auditor For Your School
As a beauty school, you understand how important the audit process is. It’s important to work with a CPA firm that understands as well. At Lightheart, Sanders and Associates, we specialize in auditing for beauty schools. Check out this blog to learn more!
Read ArticleLeaving a Business: Which Exit Plan is Best?
Selecting your business successor is a fundamental objective of planning an exit strategy and requires a careful assessment of what you want from the sale of your business and who can best give it to you. There are four ways to leave your business: transfer ownership to family members, Employee Stock Option Plan (ESOP), sale…
Read ArticleRecordkeeping for Charitable Contributions
You must keep records to prove the amount of any cash and noncash contributions you make during the year. Which records you must keep depends on the amount you contribute and whether they are cash or property contributions. New recordkeeping requirements were established for all contributions made after January 1, 2007. You cannot deduct a…
Read ArticleDefer Capital Gains using Like-Kind Exchanges
If you’re a savvy investor, you probably know that you must generally report as income any mutual fund distributions whether you reinvest them or exchange shares in one fund for shares of another. In other words, you must report and pay any capital gains tax owed. But if real estate’s your game, did you know…
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