Suchan & Associates, An Accountancy Corporation is a full-service accounting firm located in Rancho Cucamonga, CAlifornia. We are dedicated to assisting you with your tax as well as your business needs. Our size allows us the opportunity to give a personal touch, which enables us to build lasting relationships with our clients.
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If you could have one of the following as your pay for thirty days' work, which would you choose?
The $10,000 sounds very attractive, but the fact is that the penny doubled each day for thirty days adds up to over five million dollars.
Of course, that is 100% interest compounded daily, a rate not available to most of us working folk.
Nevertheless, this example shows you the power of compounding on your investment earnings.
You can get rough answers to your financial questions by using the following calculators and making a few estimates on your part.
The $10,000 sounds very attractive, but the fact is that the penny doubled each day for thirty days adds up to over five million dollars.
Of course, that is 100% interest compounded daily, a rate not available to most of us working folk.
Nevertheless, this example shows you the power of compounding on your investment earnings.
You can get rough answers to your financial questions by using the following calculators and making a few estimates on your part.
Business problems and their solutions are as varied as the kinds of businesses in existence.
There are some issues, however, that every business faces.
Whatever your business concerns, we can provide the help you need.
Whether you are starting a business or operating a going concern, we can help you select the proper organizational structure and help you secure adequate financing.
We will work with you and your banker, lawyer, insurance agent, and other advisors to solve your business problems.
There are some issues, however, that every business faces.
Whatever your business concerns, we can provide the help you need.
Whether you are starting a business or operating a going concern, we can help you select the proper organizational structure and help you secure adequate financing.
We will work with you and your banker, lawyer, insurance agent, and other advisors to solve your business problems.
More importantly, we can help you use these statements, as well as other reports, to better manage your business and increase your profitability.
Prepare financial reports monthly.
For year-to-date comparisons and to make quick management decisions, financial reports must be done monthly.
Current ratio - Current assets divided by current liabilities will measure your ability to pay your current debts.
Debt to equity ratio - Total liabilities divided by net worth will provide you with a year-to-year comparison of your ownership in the company.
Prepare financial reports monthly.
For year-to-date comparisons and to make quick management decisions, financial reports must be done monthly.
Current ratio - Current assets divided by current liabilities will measure your ability to pay your current debts.
Debt to equity ratio - Total liabilities divided by net worth will provide you with a year-to-year comparison of your ownership in the company.
Today's tax laws are so complicated that unless your financial affairs are extremely simple, chances are you will benefit from at least occasional help from a tax professional.
It is too easy to overlook deductions and credits to which you are entitled if you prepare only one return a year.
Even the use of computer software is no substitute for the assistance of a seasoned tax preparer.
We prepare hundreds of tax returns every year.
We know what to look for when your return is prepared.
More importantly, you will have someone to answer your questions during the rest of the year.
It is too easy to overlook deductions and credits to which you are entitled if you prepare only one return a year.
Even the use of computer software is no substitute for the assistance of a seasoned tax preparer.
We prepare hundreds of tax returns every year.
We know what to look for when your return is prepared.
More importantly, you will have someone to answer your questions during the rest of the year.
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