Axiom CPAs

10/04/2022

Having a good understanding of your business's "numbers" allows you to make better decisions about allocating resources and managing projects. This will ultimately lead to improved project management and increased profits.

October 4, 2022 Engineering Firms: Improve Time Management and Increase Profit Margins As an engineering firm, you always look for ways to improve time and project management while increasing profit margins. You want to be able to deliver projects on time and on budget, but you also need to find way...

09/28/2022

09/20/2022

Our Princeton, NJ CPA office loves getting feedback from our clients! Please feel free to leave us a Google review if you've worked with us.

09/15/2022

Axiom CPAs has a new live blog post today! Check out our accounting tips for entrepreneurs.

September 15, 2022 Accounting Tips for Entrepreneurs As a new business owner, you have a lot of choices to make – and one of the most important is how to handle your finances. There’s a lot to know, from selecting a suitable accounting method to understanding your tax obligations. But don’t wo...

09/08/2022

If you're getting by without a budget, imagine how well you'd be doing WITH one.

09/01/2022

The IRS recently announced changes to the mileage rate for business travel. To understand how this change can impact your taxes, hop over to our blog post on the topic.
https://bit.ly/3R6TK7W

If you're someone who travels for your business, this article will provide tips on taking advantage of the new mileage rate for small business owners.

08/23/2022

Ask us about AXCELERATE if you're also looking for a business performance program!

SBT in 15 host Shawn Hessinger discussess how to choose the right CRM software for small businesses with several business leaders.

08/16/2022

“It’s clear there’s tens of billions in fraud,” said Michael Horowitz, the chairman of the Pandemic Response Accountability Committee, which includes 21 agency inspectors general working on fraud cases. “Would it surprise me if it exceeded $100 billion? No.”

https://www.nytimes.com/2022/08/16/business/economy/covid-pandemic-fraud.html?

Investigators say there was so much fraud in federal Covid-relief programs that — even after two years of work and hundreds of prosecutions — they’re still just getting started.

08/11/2022

The House of Representatives is expected to vote on a bill on Friday that will increase the IRS budget by about $80 billion over 10 years. President Joe Biden has said he would sign it into law. More info:

U.S. Treasury Secretary Janet Yellen told the Internal Revenue Service on Wednesday that if the Inflation Reduction Act became law additional IRS resources should not be used to increase audit rates on taxpayers making under $400,000 a year.

08/04/2022

We're into the last official month of "summer," but you've still got time to catch up on important accounting tasks that may have been neglected during your business's busier winter and spring months. Our latest blog shares tips from our NJ accountants on what businesses should focus on during their downtime.

https://bit.ly/3OUq0tf

July 26, 2022 Small Business Accounting Tasks to Accomplish in Summer The summer months are often a slower time for businesses. Kids are out of school and families are taking vacations. This can be a great time to catch up on some important accounting tasks that may have been neglected during the bu...

07/28/2022

Do you feel burnout? While we definitely feel the pressure from time to time (tax season, ahem), we have worked really hard to strike a healthy work/life balance that seems to be working well here at Axiom CPAs. What tips do you have to avoid the dreaded burnout?
https://www.cpapracticeadvisor.com/2022/07/21/news-flash-accountants-are-feeling-burned-out/62260/

Nearly all (99%) of the 204 accountants who participated in a recent survey are experiencing burnout.

07/26/2022

Happy Tuesday from Axiom CPAs! The halfway point of the week is in view!