Virjee Consulting is pleased to announce that the firm will be taking larger steps to enter the Veterinary market, as the CPA firm of choice for Veterinary Practices across the US. We are excited to roll out our new website, http://veterinariancpa.com that caters to our new market. Virjee Consulting is a CPA and Tax Consulting firm with […]
What’s Your Business’s Fallback Plan?
Like many small business owners, you may plan on working until you are ready to retire. And, once you reach that point, you may expect to sell your business and live off the proceeds. Or, you may have partners or children who can keep the business operating once you are ready to step away. However, […]
Dentist with Real Estate Case Study
Case Study Income before planning: $951,596 Income Tax before planning: $317,018 Income Tax after planning: $9,766 Savings: $307,252 Strategy Used: Multiple, including real estate, Cost Seg, time of write offs A dentist that owned two successful offices came to us with a huge estimated tax bill. The client owned the real estate upon which both […]
How to Increase Productivity in Your Business
Does your business not function as efficiently as you would like? Now is the time to assess your current business setup and improve productivity from both a managerial and employee perspective. Improving Productivity from a Management Perspective Review and Improve Technology As a business owner, you are constantly busy with running your business. This can […]
Pros and Cons of a Paperless Business
Has your bank, broker, credit card company, or maybe even your phone or utility company sent you information about getting your statements online instead of through the mail? Going paperless has its advantages — not the least of which may be seeing your countertop for the first time in months. But it also has its […]
Inflation Reduction Act of 2022
On August 16th the President signed into law the Inflation Reduction Act of 2022. While there are a lot of moving pieces within the law below are the key points we feel will concern our clients. The law gives the IRS additional funding: $3.18 billion for taxpayer services, $4.75 billion for business systems modernization, $45.6 […]