Extensions

Extensions

Extensions are a dirty word at our office. 99.9% of Nearly all of our clients are able to get their business’ books closed and personal tax information to us in plenty of time to make the filing deadlines. This allows our clients a peace of mind knowing that their...
Let’s talk about Basis!

Let’s talk about Basis!

“Basis” is a loaded word for accountants. It is very much described in the same regards as “time”, in that there never seems to be enough time when it is needed most. For many S-corp shareholders, basis is starting to come into play at tax time and many are unprepared...
Intuit is raising their prices!

Intuit is raising their prices!

Prus CPA’s arch nemesis, Intuit, is raising prices across the board. That isn’t even the worst part, as Intuit will be offering “live” bookkeeping as an add-on service for their QBO subscribers. That announcement means that Intuit will now be competing directly with a...
Long-term strategies and the ACA

Long-term strategies and the ACA

As serial entrepreneurs grow businesses and expand their overall business footprint, there is a tendency for advisors (such as Prus CPA) to explore the idea of consolidating certain elements of the businesses. This is often an effective strategy for managing costs and...