Studio City CA, 06-APRIL-2015 - Anthony Dans & Company is pleased to announce that accounting solutions are available for businesses organized as sole proprietorships. There are many different types of business organizations. A sole proprietorship is perhaps the simplest and most straightforward of these. The Los Angeles accountant is helpful in every part of the business setup and organization. Often, the amount of tax obligation which is required depends upon how the business is set up originally.
The advice and counsel which the professional team provides during the organizational set up is invaluable. The accountants provide information on how to reduce tax liability while keeping the accurate records that are necessary. A sole proprietorship means that the tax burden and other obligations are placed on the personal assets of the owner or owners.
The accountants also help with the cash flow planning for the business. For sole proprietorships, maintaining enough cash flow to take care of obligations is crucial. This includes cash for maintaining inventory, taking care of overhead and preparing for tax obligations in the future. The business management suggestions may address licenses, business insurance and contractual forms.
Regardless of the size or organizational style of the business, the best accounting and management advice available is important for the health of the company. Sole owners of businesses may not have the time or knowledge to take care of accounting procedures. The rules change frequently and the layperson may not have the time to devote to staying abreast of the rules. This can cost money when it comes to tax obligations. Hiring a professional team to take care of accounting will maximize the financial rewards of the business.
Learn more about accounting in sole proprietorships by visiting the web pages at http://www.adlacpas.com today. Members of the press and individuals who have further questions about the information in this press release are invited to contact the firm at the location described below.
Company Name: Anthony Dans & Company
Address: 2711 Ventura Blvd., Suite 390, Studio City, CA 91604
Contact Telephone Number: (818) 508-4453.
Email:
[email protected]
Website: http://www.adlacpas.com