Mike C. Manoloff CPA

11/01/2023

Running a business without an accounting system can be very tricky. It is comparable to growing up and attending school without ever receiving a report card about how you did. It will be hard to know if you outperformed your numbers from last year and what you need to do differently this year. Spend more time focusing on your business and let us handle the rest! Call us at (713) 774-7766 to schedule a consultation.

10/31/2023

Keep an eye out for the zombie CPA and his pal, Account Dracula. Wishing you a happy and safe Halloween! Contact us, your trusted CPA, at (713) 774-7766 to schedule a consultation with us - don't worry, we won't cost you any limbs!

10/30/2023

A trial balance is a type of bookkeeping worksheet with two columns, one for debits and one for credits, that ensures a company’s bookkeeping is mathematically correct. The reason it is called a trial balance is because it provides a test of a fundamental aspect of a set of books but isn't a full audit of them. They're often the first step in an audit procedure as they allow auditors to make sure there are no mathematical errors in the bookkeeping system before moving on to more complex and detailed analyses. If the total debits equal the total credits, the trial balance is considered to be balanced, and there should be no mathematical errors in the ledgers. Got more questions? Contact us at (713) 774-7766.

10/27/2023

Money management is a useful tool for young professionals looking to springboard their long-term financial and career success. Solid understanding of money management principles and goals can set the groundwork for a lifetime of good financial health, especially for those at the beginning of their careers. We keep your finances in order so you can continue focusing on what you love! Call us at (713) 774-7766 to schedule a consultation.

Money management and financial planning topics don’t always get the attention they deserve. Many people regard personal finance as a sensitive subject best avoided in day-to-day conversations. However, it’s a crucial topic that significantly impacts everyone’s long-term success story. As a you...

10/25/2023

It's important for parents to establish positive financial habits in their children at a young age. Build saving and budgeting skills by providing a weekly allowance as payment for completing chores. When children have to work for their money, they’ll learn to use it more carefully! Contact us at (713) 774-7766.

10/24/2023

Hiring a bookkeeping professional or accountant is important for peace of mind. When software is used, that leaves room for errors and mishaps since an experienced professional is not reviewing the paperwork. Research shows that business owners spend approximately 33 to 100 hours a year trying to keep track of their taxes and bookkeeping. Let us do the heavy lifting for you. Contact us today at (713) 774-7766.

10/23/2023

Managing your finances is one of the most intimidating parts of adulthood, especially if you're lacking the necessary financial literacy and planning skills. We've compiled a list of the most common financial mistakes that often lead people to major economic hardship, which you can view below. Need help with your finances? Schedule an appointment with us today at (713) 774-7766!

10/20/2023

If you live and work in the United States, paying taxes in inevitable. For a majority of people, taxes can be large contributor to stress, but they don’t need to be! Tax planning can assist you in lowering your tax burdens and even help you find ways to save money. https://bit.ly/3QcyFvf

For all your tax-related questions, contact us at (713) 774-7766. We'd love to help you!

Everyone living and working in the United States must pay taxes. For most people, taxes can be a source of stress; however, they don't have to be. Implementing proper tax planning strategies can help to lower your tax burden or help you get a larger refund at the end of the year. Tax planning is

10/18/2023

Even though online tax software and apps are relatively easy to use, hiring a tax professional ensures that you receive all the tax deductions that you're entitled to. Real interactions still matter, call us today at (713) 774-7766!

10/17/2023

Net income refers to the money you may have available after taxes and deductions are taken out of your paycheck. For a business, net income is the money that's left over after paying operating expenses, administrative costs, cost of goods sold, taxes, insurance and any other business expenses. Searching for a skilled and professional accountant? Look no further! Contact us at (713) 774-7766 to schedule your consultation. We look forward to working together!