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Vince Iannello - Oriented Chareted Accountant

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Vince Iannello has been a mortgage agent since 2019 with Capital360 - Specializing in finding clients creative financing options to suit their needs. – PowerPoint PPT presentation

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Title: Vince Iannello - Oriented Chareted Accountant


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Vince Iannello
  • Vince Iannello currently owns and operates his
    own Profession Vince Iannello currently owns and
    operates his own Professional Corporation, Vince
    Iannello Professional Corporation, which provides
    tax compliance, tax advisory, financial statement
    preparation, accounting, and bookkeeping services
    to individuals and businesses.

3
Tax and Accounting Tips to Manage Your Business
Effectively
  • Starting a business comes with its fair share of
    challenges, and taxes and accounting are two
    areas where new business owners often struggle.
    Its not always easy to stay on top of all the
    tax and accounting requirements for your
    business. But by taking proactive measures now,
    you can significantly reduce your risk of
    failure. 
  • This blog post will help you understand key
    concepts in accounting and taxes, so you can make
    informed decisions about your business moving
    forward. Both are important for any organization,
    but theyre especially crucial for small
    businesses because their taxes and accounting
    processes are much more complex than those of a
    corporation. Even if you have an accountant or
    bookkeeper manage your companys finances,
    understanding how they work is crucial to staying
    on top of things. 

4
  • Tax Basics
  • Taxes are a necessary evil for most business
    owners. The good news is that small businesses
    pay taxes at a much lower rate than corporations
    do. However, taxes are still an unavoidable cost
    of doing business, and failing to pay them can
    have serious consequences. As a small business
    owner, youre required to pay taxes on all of
    your net income. You can do this task easily with
    the help of a Chartered Accountant like Vince
    Iannello, owner of Iannello Associates
    Professional Corporation.
  • Record Keeping
  •  One of the best things you can do to stay on top
    of your taxes is to keep accurate and thorough
    records. If you have the proper documentation,
    youll have a much easier time filing your taxes
    each year. Additionally, accurate records can
    help you catch errors or omissions that might
    otherwise go unnoticed. There are a few records
    you dont want to forget about. First, youll
    need to keep track of your overall revenues and
    expenses. This will help you calculate your net
    income at the end of the year. Youll also need
    to track your business income and expenses for
    each tax year. 

5
  • Accounting Basics
  • Accounting is the process of keeping track of
    your business finances. You can use accounting
    software or hire an accountant to manage your
    books for you. However, every business owner
    needs to understand the basic concepts behind
    accounting. This will help you interpret your
    financial records when you receive them
    from Vince Iannello. Its also important to stay
    up to date on accounting standards and best
    practices. 
  • The 5 Most Common Accounting Services For Small
    Businesses
  • Small businesses dont have the same accounting
    resources that larger corporations do. There
    isnt a team of accountants on call to handle the
    day-to-day financial operations of a small
    business. Small businesses need to find other
    ways to stay on top of their accounting to keep
    their company healthy and running smoothly. 

6
  • If you own or manage a small business, you must
    understand how accounting services can help your
    company succeed. The auditors and accountants
    like Vince Iannello at Iannello Associates
    Professional Corporation offer these services and
    can help you manage your books so that your
    company meets legal and financial standards. Here
    are 5 common accounting services for small
    businesses
  • Payroll Services
  •  
  • Payroll services are an essential part of running
    a business, and small businesses often turn to an
    accountant to help them with the process. An
    accountant can prepare your companys payroll and
    ensure that you are following all legal and tax
    requirements. Accountants who offer payroll
    services will usually include the cost in their
    overall accounting fee. 

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  • Tax Preparation Services
  •  
  • If youve hired an accountant to help you with
    payroll, you may want to consider also having
    them prepare your companys taxes. Accountants
    who offer tax preparation services are skilled in
    all aspects of tax law and can help you find
    deductions and credits that can lower the amount
    of taxes you owe. An accountant like Vince
    Iannello will go through your books and make sure
    everything is documented properly before
    preparing your taxes for you.
  •  
  • Financial Reporting Services
  •  
  • If you want to make sure you have a thorough
    record of your businesss financial activities,
    you can hire an accountant to create financial
    reports for you. These reports can include any
    financial information you want to keep track of,
    such as cash flow, profit margin, and more.
    Financial reporting services are helpful if you
    need detailed financial information that you can
    use to make strategic business decisions. 

8
  • Auditing Services
  •  
  • Auditing services are something that most small
    businesses will need to do at least once during
    their lifespans. In most cases, your business
    will be audited once a year by the government.
    However, you may also be audited if you apply for
    a loan or if another company asks you to provide
    financial information as part of a business
    transaction. Auditing services are a little
    different than the other accounting services on
    this list. 
  •  
  • Budgeting and Forecasting Services
  •  
  • Budgeting and forecasting services are closely
    tied to financial reporting services. Unlike
    financial reporting, budgeting and forecasting
    work focuses on the future of your business.
    Accountants who offer budgeting and forecasting
    services will help you create a budget for your
    company that takes into account all expected
    costs, both short- and long-term. The budget will
    also take into account any expected income from
    sales and other sources of revenue. 

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Website and Social Profiles
  • https//iannellocpa.com/
  • https//viprocorp.org/
  • https//vinceiannello.co/
  • https//open.spotify.com/show/1U0E1CnNKiyLrItHCY7g
    iL/
  • https//soundcloud.com/vince-lannello/about-vince-
    iannello/
  • https//www.pinterest.com/vinceiannello/
  • https//issuu.com/vinceiannello/docs/vince_iannell
    o_on_mortgage_agent_and_oriented_char/
  • https//vinceiannello.medium.com/
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