Cash Flow Planning for Life - Helping you reach your personal & professional financial goals.

Cash Flow Planning for Life

Helping you reach your personal & professional financial goals.

Are you a business owner that needs help with cash flow planning? controllership? forensic accounting?

Or perhaps an individual that needs assistance with your tax planning and preparation, or resolution of an IRS tax problem you have incurred?

Future Planning

Stay Current on Available Accounting Services

Each year brings about changes in the world of accounting.

It is easy to fall behind with your tax planning and preparation, which may end up causing you tax problems with the IRS. Without resolution of an IRS tax problem, you can end up having to pay tax penalties in addition to the original amount you owed.
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Have You Met With a Tax Advisor Recently?

Posted by Mark On March 15th

Do you have a standing appointment with a tax advisor?

Are you prepared for your next meeting?

Need some new ideas on investing and tax planning tips to discuss with your tax advisor?

Tax & Investment Plannig

Tax Planning

Each year brings multiple changes in tax planning. Today, the new method for financial planning for tax and investment is more focused on “spreading” income and expenses over a number of years. Understanding how you can accomplish this can become overwhelming.

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Thinking about getting a divorce?

Would you and your spouse be able to work through the process together?

Do you know the valuable role a Neutral Forensic Accountant can have in a collaborative divorce?

divorce petition

Unfortunately, many divorces are not collaborative.

When preparing for a divorce, the stress can be overwhelming.

Financial friction between a couple when dividing assets and debts can end up in a long, drawn-out legal battle.

This is a situation where working with a “Neutral Forensic Accountant” can make a significant difference.

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How Successful Are Your Business Operations?

Posted by Mark On December 31st

How do you measure your business success?

When was the last time you reviewed your business operations and accounting systems?

Are you prepared for the changes in our complex business world today?

Common Tax Provisions Set to Expire

Running your own business can present many challenges. Addressing those business needs may be overwhelming unless you are committed to continuing education and implementation of the latest technologies.

At Makara & Associates, LCC, we believe through our training and experience we can offer you a fresh prospective and practical view of your business operations and accounting systems.

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Are you satisfied with the success of your business?

Does your business get the attention to details that it needs?

Do you feel confident that you are addressing all the changes in today’s complex business world?Future Plannin

Whether you are an entrepreneur or an established business owner, you know the importance of engaging an accounting firm to prepare your compliance related documents.

However, it doesn’t stop there, as there are many other challenges in running your business operations that your accountant can assist you with.

When was the last time you met with your accountant?

Did you address your current business needs as well as plan for your future?

At Makara and Associates LLC, our Certified Public Accountants and Consultants are committed to education and cutting edge technologies that allow us to offer our clients superior services.

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When will Social Securityyou be eligible to collect your benefits?

Have you reviewed your Social Security Benefits Statement recently? 

What age is going to work best for you to start collecting your benefits – age 62, your full retirement age or age 70?

Nowadays, the subject of planning for your retirement is something that is frequently discussed.

Especially the age you should start collecting your social security benefits. Each expert has their opinion.

Deciding when to begin receiving your benefits can be a complicated decision. A decision that you shouldn’t take lightly.

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Are you a business owner counting down the days to the tax deadline?

Are you looking for some business tax tips on deductions that you may have missed?

Tax Tips

Following up on business expenses that can generate a tax deduction can be time-consuming, especially if you are not familiar with them. Trying to figure out which ones you qualify for may be difficult.

Having a guideline to follow can help.
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Forensic Accounting Grows as a Diverse New Tool

Posted by Mark On February 5th

Do you know the value of Forensic Accounting?

Are you in need of a Forensic Accountant?

Are you familiar with a Cr.FA designation?

Forensic Accountanting

Today, there is more awareness and less tolerance of fraudulent activity, creating a greater need for Forensic Accountants. Do you have financial data that needs to be collected, prepared, analyzed, and reported for the purpose of shedding light on discrepancies, possibly in court? Or are you taking the time to educate yourself on the benefits of Forensic Accounting?

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You probably think you are ready to file because you have received a 1099 for your services, held on to all your receipts, and have all your documents in order.

Independent Contractor Tax-FormsThis is the sixth installment of
Independent Contractor Taxes…Know Your Options.
It can be downloaded from our eBook library.

It seems like everything is falling into to place with your Independent Contractor status. Once you file your Independent Contractor Tax Forms, it will be smooth sailing!

Wrong! Have you…
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The balance of this eBook is not intended to cover every situation. Once you determine that you are self-employed and will receive a Form 1099 for your services, I suggest you contact a tax and/or legal professional to guide you through your individual situation.

Form 1099

This is the third installment of
Independent Contractor Taxes…Know Your Options.
It can be downloaded from our eBook library.

Whether you’re a consultant, hair stylist, or painter, being self-employed is the same as starting any other business and you need to treat it accordingly. You may or may not have employees or a brick and mortar office location; however you need to treat your business in the same manner as a building contractor with 25 employees would. As I will explain in detail below…

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