What is Auditing? Financial auditing is simply re-examining the financial record of your organization or individual financial records to detect any discrepancies and compliance with standard accounting practice, applicable regulations and laws. External auditors come in to examine the accounting books, financial records and provide expert opinion on these records. Receiving the white envelope from…
Tag Archives: tax
Pioneering tax help for new businesses, new communities and new enterprises has always been met with caution by CPAs. So let’s look at the traits of our newest niche on the business frontier: This month the prestigious Accounting Today magazine called it the “entirely new industry that’s taking the country by storm…” One of its…
Tax Strategy means you should be thinking about taxes through your entire year instead of a panicky a week before deadlines. As summer fades, we have been busily assisting our clients teaching our clients some of the effects of the Tax Cuts and Jobs Act on their tax planning and strategy. At Gavrilov & Co,…
Happy Father’s Day! We have noted of late that summer holds many small but important holidays. Gavrilov and Co would be remiss if we did not recognize them. Somehow Father’s Day and the concept of looking out after our families fit in with our serious topic of new laws regarding taxation on revocable and irrevocable…
Procrastination about filing your tax returns is the heart of today’s blog. However, you will also find more about Bitcoin and a brand new IRS alert about a tax scam, too. So we begin this week with not only one, but three hot topics in the tax arena. Procrastination is the curse of tax season…