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What Is Tax Planning?

Posted by MB Group on Sep 24, 2020 10:02:00 AM

Managing taxes can be stressful and time-consuming. That’s why many people put off dealing with all tax-related matters until it’s time to file their annual return. While this may seem like the easiest path, it is a costly mistake.

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Pandemic-Related Accounting Solutions

Posted by MB Group on Sep 16, 2020 11:30:00 AM

The coronavirus pandemic has left no stone unturned and has completely shifted the way we view business and life—including accounting. In fact, the COVID-19 pandemic has resulted in one of the most rapid changes to the economic environment the world has ever experienced.  For instance, during the week that ended on August 8, a stupefying 963,000 people submitted a claim for unemployment insurance, which continued a devastating trend in the market. 

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Benefits of Working With a Financial Planner

Posted by MB Group on Aug 26, 2020 11:31:00 AM

You've worked hard to build a nest egg and enjoy some of the finer things in life. It only makes sense to chart the best path forward under the seasoned advice and guidance of financial planning. No matter your age or net worth, financial planning will help you see the big picture and develop feasible short-term and life-long goals. Just as you use GPS-enabled navigation to go from point A to point B, financial planning services can help you achieve your goals with a superior peace of mind. Let's take a closer look at a few of the top benefits of working with a financial planner.

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Financial Planning For Real Estate Agents

Posted by MB Group on Aug 12, 2020 1:30:00 PM

As a real estate agent, you are dedicated to helping others achieve their goals, dreams, and aspirations through acquisition and sale of property and homes. But who is helping you achieve yours? Fortunately, the team at MB offers access to teams of specialized support and services for financial planning for real estate agents. We'll guide you through the process and help you confidently check all of the boxes, so you can make your vision of the future your reality. Continue reading to learn more about our financial planning for real estate agent service. 

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The Importance of Financial Forecasting

Posted by MB Group on Jul 15, 2020 1:00:00 PM

Do you want to project how your business will grow? Are you planning to ask for funding from a bank or investor? Having a hard time budgeting for long-term expenses? Creating an accurate financial forecast can help you address each of these common situations. By understanding how your business has performed in the past and exploring current industry trends, you will be better prepared to make smart and efficient choices for your company. The business accountants at MB Group are experts at helping business owners create comprehensive financial forecasts that empower them to reach their goals.

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Standard vs Itemized Deduction: What Should I Choose?

Posted by MB Group on Jul 7, 2020 1:38:00 PM

At the MB Group, one of the most common questions we receive during tax preparation is whether a business owner or individual should choose standard vs itemized deductions on their tax returns. The answer always depends on the business or individual's situation. While both deductions are designed to reduce your taxable income, itemized deductions offer greater potential for more savings. Let's take a deeper look at standard vs itemized deductions and how MB Group can help you decide.

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How Do I Prepare For Tax Season Now?

Posted by MB Group on Jun 23, 2020 11:26:00 AM

For millions of Americans, April 15th (tax day) brings confusion and anxiety. Dealing with the IRS can be unnerving, and even a minor error on your tax return can mean audits, fees, and penalties. If you want to avoid unnecessary stress this year, these simple tax planning strategies can help make the process quick and stress-free:

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What Does a CPA Do For Me?

Posted by MB Group on Jun 15, 2020 10:12:00 AM

Certified Public Accountants (CPAs) are some of the highest trained financial advisors. You can find them in some of the most trusted financial institutions you will work with. In order to receive the title, an individual must first complete school, they must then perform work to gain experience and pass the CPA exam, which is a rigorous one. Only then can the person become licensed. When you put your finances in the hands of a CPA, you can rest knowing you have someone who is among the best in the field. So, what types of things might you want a CPA for? Let's take a look.

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Why Should I Keep Financial Records?

Posted by MB Group on Jun 9, 2020 10:45:00 AM

No matter your business or industry, it's imperative to keep solid financial records. This is the one area of business that every enterprise has in common. However, managing to keep records for financial reporting is often easier said than done. Fortunately, the experts at MB Group can and will help. 

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C-Corp Tax Rates

Posted by MB Group on Jun 1, 2020 10:00:00 AM

If you're looking to start a business, it's critical to choose the right business entity; and there are a range of factors to consider. Arguably, the most important factor is the tax rate. And with today's preferential C-Corp tax rates, a growing number of business owners are asking "Should I restructure my company?" Before you decide to start a C-Corp or restructure your company, the experts at MB Group have provided an easy-to-read guide on C-Corp tax rates. Continue reading to learn more and don't hesitate to reach out to the business consultants and CPAs at MB Group for tailored solutions. 

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Our mission is to be a leader in providing businesses with solution-oriented accounting services while preserving traditional values in an evolving technological and regulatory environment.


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