Despite being aware of the benefits of hiring an accountant, most small businesses fail to afford one. Although there are many owners with solid knowledge on bookkeeping and accounting, yet they rely more on the expertise of a professional accountant in order to steer clear of problems during the tax season.
Horrific outcomes predicted by generational accountants and economic doomsayers will not come true as foreseen, partly because the generations over age fifty shift paradigms, create new industries, abolish others, and ultimately reshape the social and economic landscape.
If you are like most taxpayers, then your stress level creeps higher as tax day approaches. The biggest reason for the stress is that many adults are clueless about where they stand financially.