Fundamentally Flexible: How four Fs and Virtual Office CS make one firm a Best Place to Work

KNEG CPA

February 22, 2016

The article below was originally published on Thomson Reuters' website.

When Scott Nuttall, managing partner of Kmetz, Nuttall, Elwell, Graham, PLLC in Vero Beach, Florida says, "I think you would have to use the F words" to describe the culture of...

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Expedited Processing of Form W-7 Now Available with KNEGs Certifying Acceptance Agent

KNEG CPA

February 3, 2016

It's OFFICIAL! Jim McGuigan is now KNEG’s authorized IRS "Certifying Acceptance Agent." We are now able to expedite the processing of Form W-7, application for IRS Individual Taxpayer Identification Number (ITIN). Who needs that you ask? Well... The IRS issues ITINs to foreign nationals and others who have federal tax reporting or filing requirements and do not qualify for SSNs. A...

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Kmetz, Nuttall, Elwell, Graham, CPAs, Vero Beach, Florida, recognized as the firm that did the most in the last year to innovate, invigorate and grow their business.

November 12, 2015

This story first appeared on MarketWatch November 6, 2015

Thomson Reuters Recognizes Customer Superstar Award Winners at SYNERGY 2015

(Thomson...

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Does Your CPA Firm have a Firm Administrator?

KNEG CPA

October 14, 2015

Firm Administrators add to the client experience and are a valuable asset to both the client and the firm they are working with. Often times, especially during tax season madness, you as a client may have a question or concern regarding your personal or business taxes or an array of other possible questions or concerns depending on your particular situation. Some clients may not wish to...

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Who Needs an Audit?

Melody Ipolito

May 4, 2015

For many not-for-profit organizations around the country, the answer to this question might depend on the size of the organization and the amount of funding it takes in annually. The most direct answer for all not-for-profit companies in Florida and Vero Beach specifically is - yes, you should have an independent audit performed annually, or at least a review (less rigorous than an audit) or...

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Condo Association Audits

Melody Ipolito

December 4, 2014

In the state of Florida, most condominium associations are required by law to conduct annual audits, which means it is the responsibility of the Board of Directors to comply with this mandate according to the level of annual revenues generated. It should be kept in mind however, that the term 'audit' in its strictest financial sense only applies to associations generating $500,000 or...

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Not-For-Profit Organizations Audit Checklist Vero Beach

November 6, 2014

When it comes to non-profit tax reporting, you can keep your organization audit-ready at all times. The easiest way is to allow professional accountants to support your tax obligations and reporting requirements.

Having an adequate checklist for a not-for-profit organization to track and check is the best approach to audit requirement management, especially if you are...

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Small Business Accounting Firm - Everything You Must Know Vero Beach

Melody Ipolito

October 23, 2014

Regardless of the service, product or size of the company or not-for-profit organization operating in Vero Beach, business owners and executives have a variety of factors to consider as part of their strategic planning and decision-making process. A qualified CPA can help any company organize its accounting system and identify the most important performance metrics required to evaluate...

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What Does an Accounting Firm Do For Your Business?

Melody Ipolito

September 15, 2014

If you are thinking about hiring an accounting firm to help your company succeed, you may wonder what exactly an accountant does for clients. Understanding the role of an accountant when it comes to providing business clients with high-quality services will help you realize how essential these professionals are to your company.

How a Vero Beach FL Accounting Firm Can Help...

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5 Benefits of Vero Beach Outsourced Bookkeeping Services

Melody Ipolito

September 1, 2014

If you are a business owner or manager, you know that managing the company finances is an important task. Unfortunately, many small or medium-sized businesses fail to implement bookkeeping tasks to create accurate financial records for the company. Even if you feel that your bookkeeping records are current and accurate, your Vero Beach FL business can benefit from outsourcing bookkeeping...

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5 things to know about estate planning

August 18, 2014

Vero Beach Estate Planning: 5 Important Factors to Consider

Living in Vero Beach we are accustomed to seeing wealthy people, their beautiful homes and cars.  It’s easy to think that estate planning is just for the rich.  That's not true. All of us need to give some thought to how our possessions will be managed after our death.  If...

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Vero Beach QuickBooks hosting by KNEG CPAs

Melody Ipolito

August 4, 2014

What is QuickBooks hosting?

Here is QuickBooks’ definition of the service:  “The Intuit Hosting Program allows end-users to have their licensed copies of QuickBooks desktop software installed on servers in an authorized remote hosting facility, and then access that software over the Internet on a virtual desktop via a secure connection and a web...

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The Importance of Using Qualified CPA Services For Estate Tax Planning

KNEG CPA

July 28, 2014

Many people believe that passing  assets on is a problem that will take care of itself, but the truth is that a failure to properly plan can lead to a significant loss of the assets contained in an estate. Estate planning is a process that is done to minimize tax liability while ensuring that assets are properly distributed after a person’s death.

The Complexities of Estate...

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What should your CPA services include when you’re hiring a forensic accountant?

Melody Ipolito

July 7, 2014

The federal government of the United States opened the Federal Bureau of Investigations in 1908, and several forensic accountants began their careers at that time. The need for the services of forensic accountants continues to this day, and they may be even more necessary now than they were in the past. Executives in financial institutions and personal businesses need new ways of discovering...

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Vero Beach auditing services are about more than uncovering fraud

Melody Ipolito

May 26, 2014

Many people jump to negative conclusions when they hear that a business is being audited, but auditing is about a great deal more than just uncovering fraud. It is a complex process that, believe it or not, has been set in place to help businesses achieve their full potential and get on the right track financially for future success.

In Vero Beach, many companies can benefit from...

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Accountant insights: 5 accounting mistakes your small business can’t afford to make

May 12, 2014

Many small business owners make similar mistakes, especially when it comes to accounting and bookkeeping. At KNEG CPAs, we spot these trends and like to do our best to professionally advise our clients in the Vero Beach area on how best to avoid them.

We are small business accountants that offer auditing services that can take your business from average to phenomenal. All you need to...

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What small business accountants say your software should be offering you

April 28, 2014

Running a successful business comes with hurdles and challenges along the way. If you want to make certain that your business is able to operate smoothly and has the best chance at succeeding then it is essential that you manage everything properly from the start. This means that your accounting and bookkeeping processing should be considered to be just as important as your actual sales,...

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Vero Beach small business accountants are offering software that keeps your data secure

April 21, 2014

Any small business operating in the Vero Beach area will know the value of a happy and loyal customer. Being able to keep a customer loyal will require you to be able to present them with a top quality product, keep them well informed and well serviced and to be organized. Having your accounting and bookkeeping processes professionally managed for you on an ongoing basis is a step in the...

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Grow your Vero Beach Small Business with Outsourced Bookkeeping Services

April 14, 2014

If you operate a small business in the Vero Beach area you are probably focused on sales and customer service. Of course the finances of the business are also vitally important, but this can be overwhelming to handle on your own. Many small businesses cannot afford to hire a full time employee or bookkeeper to assist them with the capturing of financial data and the generation of useful...

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CPA services for personal finance are about securing your future

April 7, 2014

Certified Public Accountants (CPAs) are generally dedicated to assisting individuals and small businesses to secure their financial futures. Of course when you are an individual you are looking for more than just an accountant who can present numbers and documents to you. You want a team that can ensure that when your data and information is presented to you regarding your finances, you...

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Benefits of outsourcing bookkeeping services in Vero Beach

March 17, 2014

While many large companies need full-time accountants, there are many small to medium sized businesses which benefit from outsourced bookkeeping services in Vero Beach. If you’re running a business and are looking for a flexible accounting solution, here’s why you should consider outsourcing your company’s bookkeeping: 

Free up your time

When you first...

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Vero Beach small business accountants discuss the Small Business Jobs Act of 2010

March 10, 2014

In light of the global economic crisis, the Congress of the United States implemented tax reforms to assist small businesses.  In this blog, our tax accountants in Vero Beach discuss how your business can benefit from the Small Business Jobs Act of 2010. 

There are many benefits to working closely with an accounting and bookkeeping firm that has a focus on small...

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How accurate accounting and tax services will help your Vero Beach, FL, business grow

February 28, 2014

Accounting and tax services for Vero Beach, FL, businesses are not just about ensuring that your company’s books are accurate – they are about directly influencing the growth of your business. Here’s how:


·       Avoiding tax penalties: Tax penalties can be very high and can easily damage your business's profits and...

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How Vero Beach tax advisors work to keep your tax liability as low as possible

January 27, 2014

As any tax paying and economically active citizen knows, laws governing tax change constantly. Tax advisors in Vero Beach, FL can make sure that your tax liability is kept to a minimum by ensuring that your returns conform fully to all applicable laws. The reason they are able to do this, among others, is that they are paid to keep up to date with the very latest developments in tax...

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Why now is the right time to get in touch with professional tax advisors in Vero Beach, FL

January 20, 2014

You may be wondering why getting in touch with a tax advisor in Vero Beach, FLis so important when 2014 is only just kicking off. This is precisely why it’s so important. You want to start the New Year off on the right footing. Nobody wants to have sleepless nights thinking of all the late fees and penalties they are actively accumulating because their tax returns are either being filed...

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Tax preparation strategies for the 2013 year end

January 13, 2014

Every business has to have tax strategies in place for the 2013 year end. Professional tax preparation in Vero Beach, FLcan help you to avoid the rush and having to pay late fees and penalties for incorrectly submitting your company’s returns. No one wants to fret about tax penalties.

When you partner with a professional tax preparation service you will receive the benefit of...

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Why Professional Tax Preparation in Vero Beach, FL is the way to go

January 6, 2014

It is a common misconception that professional tax preparation services in Vero Beach, FLis an overly expensive service. This couldn’t be farther from the truth. It is unfortunate that so many people walk around with this destructive misconception, disallowing themselves the benefits of partnering with a seasoned tax advisor who can add real value to their lives.

There are...

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Assess fraud risks effectively with forensic accounting and auditing services

December 16, 2013

Don’t only make use of forensic accounting and auditing services after you’ve noticed there is something wrong with your company’s finances. At the end of the day, prevention is the best cure, and when it comes to the financial workings of your company, fraud risk assessment is the first step in preventing fraud from occurring.

After a proper assessment, for which...

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How to find a bookkeeping solution that saves you money

December 9, 2013

Like many business owners, you may be seeking a bookkeeping solution that will save you not only money, but also time. The simple and elegant solution addressing both of those needs is to outsource your accounting and bookkeeping. 

It can feel unsettling to contemplate handing over the keys to your finances, but you can feel confident selecting KNEG CPAs to handle your accounting...

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How to choose an accountant for your small business

December 2, 2013

If you own a small business, you need a small business accountant - someone who understands what you are trying to achieve, who will help you to grow and - very importantly - can worry about things like payroll and tax compliance so that you can focus on the day-to-day running of your enterprise.

The rightaccountant for your small businesswill start by analyzing your business...

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Find a tax advisor that offers more than tax preparation – and you’ll be in good hands!

November 25, 2013

The fact is that you and your company need a tax advisor who does more than tax preparation if you want your tax burden at year-end to be properly mitigated. What you need is someone who will work with you all year around and provide you with a solid tax program - someone who will not only give you relevant advice but also timely support.

It is therefore best to find a tax advisor who...

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How outsourced accounting and bookkeeping services streamline your business processes

November 18, 2013

Before we get into how outsourced accounting services can streamline your business processes, it is perhaps worthwhile to mention that outsourcing the accounting functions of your business is cheaper than employing a fulltime bookkeeper. Besides from not having to give up office space, furniture and equipment when outsourcing your accounting needs, you also don’t have to...

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5 tax tips for small businesses from an experienced tax advisor

November 11, 2013

If you’re a small business owner, there are things you can do to cut down on taxes. Here are five tips from an experienced tax advisor to help you do this.

Before we get to the tips, however, you’d probably want to know who this experienced tax advisor is that is offering you a helping hand free of charge. We are called KNEG CPA, our offices are in Vero Beach Florida and...

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When does estate planning become necessary?

November 4, 2013

If you haven’t done it yet, now is the time.

Considering how uncertain life is, estate planningis not one of those things that should be put on the back burner. If something catastrophic happened tomorrow, can you be sure that your wishes for your financial assets will be carried out?

Without a basic estate plan, you’ll have no control over who inherits your...

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How your small business can save money by hiring a professional accountant in Vero Beach, FL

October 7, 2013

Every small business needs to plan their expenses carefully to juggle all demands of a growing company. A professional small business accountant should not be viewed as an unnecessary expense, but should rather be seen as a necessary investment in the company. The services of a professional accountant can help a company to grow and to figure out the best way to use the company’s assets...

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Give Your Books a Summer Cleaning

June 3, 2013

There is something refreshing about the change of a season, and the spring and summer months are especially energizing. The extra sun, longer days and warmer temperatures are what prompt us to tidy up our homes so that we can enjoy more time outdoors without worrying about the clutter in our homes. But it’s not just your home that you should be spring cleaning. Your books could also use...

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Our New Website!

May 29, 2013

We are very excited to announce the recent launch of our new and improved website! We’ve been working very hard to give our firm a little facelift. A few highlights:

We've updated the look and feel of the site to include new graphics and colors.
We've made some behind-the-scenes changes to improve our Client Center.
Our regularly updated KNEG Blog is now more tightly...

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CPAs Are Not Just Valuable at Tax Time

May 15, 2013

Come tax time, you’re probably scrambling for a bit of extra help, which is where a CPA comes in handy. CPAs are great with numbers, organizing receipts and getting the deductions you need. They have a good understanding of the most recent changes the IRS has made, and they seem to tackle the tax season with confidence and ease. Yes, CPAs can really make the months of March and April...

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Tax Preparers Are Not Always Qualified

May 1, 2013

When you pay someone to file your income tax, you trust them with your financial information. Yet the IRS urges people to be mindful about who they hire to do their taxes since they are ultimately responsible for what’s on the tax form. Most tax preparers are honest, professional and upfront, but it’s still important to do your research. The fact is that many tax preparers...

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Not Going to Meet the April 15th Deadline? Here’s What You Need to Do.

April 11, 2013

If you are unable to file your income tax return by the April 15th deadline, you may apply for an extension. You may think that the IRS isn’t very understanding, and sometimes they aren’t, but when it comes to filing taxes, the IRS gives plenty of opportunities to do so correctly. If you cannot make the deadline, you are given an additional six months, making your new filing date...

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Smart Ways to Use Your Small Business Tax Refund

April 5, 2013

Another tax season done – you can finally breathe a sigh of relief because you’re getting back a refund and not owing anything to the IRS. Now it’s time to decide how you will put your tax refund to good use. For small businesses, tax refunds are vital to the growth and development of the business. When you spend much of the year using limited funds to keep your business up...

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April 15th Deadline for Personal Taxes

March 19, 2013

If you earned income in 2012, you will most likely be required to file an individual income tax return. You must do this before April 15, 2013. All documents must be postmarked by the 15th, or you may send in an electronic submission that must be received by 11:59 pm on the same date.  Use the below chart to determine if you need to file taxes, as there are some restrictions that protect...

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Vero Beach, FL, accounting and tax services providers will assist your business in complying with IRS mandates and avoiding potential penalties

February 21, 2013

Are you considering accounting and tax services for your company? Here’s our view on the subject:

The American tax system is well known for being incredibly complicated – and businesses in particular are especially vulnerable to making mistakes in completing their tax returns correctly, leaving them exposed to IRS penalties. While some companies may be making errors to...

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Demystification of the Recent Tax Changes

Michael Kmetz

January 25, 2013

The American Taxpayer Relief Act of 2012 (better known as the fiscal cliff legislation) became law on 1/2/13 . Due to the expiration of the so-called payroll tax holiday, all workers will pay higher federal taxes this year, but the Act cancels most other income tax increases that would have resulted in added misery for just about every individual taxpayer. In addition, many popular tax breaks...

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Superstar Award

KNEG Wins the Innovation Award at Thomson Reuters'
SYNERGY 2015

Testimonials

"My congratulations to you and the staff of Kmetz, Nuttall, Elwell and Graham on being recognized as one of Indian River County's Best Places to Work for 2010 by Workforce Solutions of the Treasure Coast. You and your entire staff should be extremely proud of this accomplishment. Your commitment to your business, your employees and our community is what makes the Treasure Coast a wonderful place to live."

-Joe Negron, State Senator District 28

NetClient Demo

Phone: 772.231.6902 • Fax: 772.231.4099
Email: info@knegcpa.com