The Best Utah County Has to Offer!

Jennifer L. Card, E.A.
Tax Accountant
Member, NAEA and UTSEA

We are so happy to be working with Jennifer Card.  Jennifer Card has become one of the most sought-after tax accountants in Utah, with large numbers of happy clients to prove it. She has Baccalaureate degrees in both Business Management and Accounting (Suma Cum Laude), ...

There are some incredible resources for you personally and for your business when it comes to tracking your finances.  I highly recommend the use of Cloud Technology with online programs like Mint.com and Xero.com.  Both of these sites offer HUGE value for their users.

I am a big fan of Continue Reading →

Determining Whether Individuals are Employees or Independent Contractors

Before you can determine how to treat payments you make for services, you must first know the business relationship that exists between you and the person performing the services. The person performing the services may be -

• An independent contractor
• An employee (common-law employee)
• A statutory employee
• A statutory nonemployee

In determining whether ...

Cash basis and accrual basis are accounting methods that determine when and how you report income and expenses for tax purposes.

The IRS wants you to use the same method each year when reporting income. You should talk to your accountant about which is most appropriate for your business.

What is cash basis?

When you use cash basis as the accounting ...

Would you ever drive your car blindfolded? Obviously, not!

Nonetheless, every day millions of business owners drive their businesses without knowing their financial locations: where they have been, where they are, and where they are going. That sure sounds blindfolded to us.

As your personal accountant, our primary role is to ensure that you have the historical data that ...