For individuals and all types of business owners, bookkeeping and tax accounting can get complicated. It’s easy to get overwhelmed with receipts and pay stubs, or simply just not know where to start. Whether you have years of experience balancing your books or you’re just starting out with a new business, we’re here to help. If you’re preparing to file your personal or business taxes, consider these easy to use tools on our website to make the process a little easier.
For Business Owners of All Kinds: The Business Calculator
Our Business Calculator Tool is a great resource for business owners. Instead of dealing with complicated formulas you simply have to plug in values and our calculator will do the work for you. This tool will help you calculated estimated break even points, optimal charge and payment frequency and more. This includes a calculator that will help you discover how much you need to sell to breakeven, if you should pay or charge monthly, quarterly or annually, leasing versus buying equipment, the value of your business as a whole, tax savings with Section 179 deduction and tax savings of a qualified retirement/cafeteria plan.
To make your doing your taxes a little easier: The Tax Calculator
Our Tax Calculator is another great tool that will give you quick access to reliable information. This tool will help you estimate your tax refunds and Federal Income Tax. This tool will also help you calculate your Tax Equivalent Yield and Self Employment Tax, which is a tax for an individual with earnings of $400 or more in self employment income over a year. Finally, this tool will help you determine your Tax Freedom Day, which is the first day of the year in which a country has earned enough income to pay its taxes.
To better track your cash flow: The Cash Flow Calculator
Investopedia defines cash flow as “the net amount of cash and cash equivalents moving in and out of a business.” Positive cash flow means your company’s liquid assets are increasing, while negative cash flow means a company’s liquid assets are decreasing. Our Cash Flow Calculator Tool will help you break down this information and take your businesses temperature. This calculator’s functions include whether to pay down debt or invest monthly surplus, how long will your money last, and how to compare purchasing power of historical purchasing power.
If you need help from a professional: Contact A Specialist
At Clear Accounting Solutions, our goal is to give you easy access to the best information and tools available. If you’re not one to plug and chug numbers and calculate this information yourself, let us do it for you. Our team of specialists will help you with your bookkeeping and taxes so you can focus on running your business. From small business accounting, to payroll, to cash flow management and more, our team is happy to work with you for business taxes small and large, individual taxes, quickbooks and more. To learn more about our services or to get in touch with one of our specialists, contact us today!