How Long Should I Keep My Returns?

You should keep your returns until the statute of limitations runs for filing returns or filing for a refund. For most taxpayers, that means keeping those records generally a minimum of three years following the date of filing or the due date of your tax return, whichever is later. In addition to the returns, keep… Continue reading How Long Should I Keep My Returns?

Why Some Practices Struggle?

In the beginning, there was an idea, a vision, a goal. Start a practice, be your own boss, work flexible hours and most importantly, do what you love to do and what you believe in. The beginnings are so sweet, full of passion and determination.  However, according to statistics published by the Small Business Administration,… Continue reading Why Some Practices Struggle?

Xerocon: Cloud-based accounting is not happening, it already HAPPENED.

Last week we visited Xerocon in San Francisco. The only thing that didn’t surprise us was the cold weather.  LOL! Xero is a cloud-based accounting software alternative to QBO (QuickBooks Online). Why would I want my books in the cloud? – It will give you unlimited access. If there is the internet, there is Xero. You can sit… Continue reading Xerocon: Cloud-based accounting is not happening, it already HAPPENED.

Pet Insurance Can Bring 52% Increase in Revenue

In the United States, less than 1% of pets are covered by pet insurance. Apparently, not many pet owners are convinced that their healthy puppy will need a surgery one day or extensive care, which they might not be able to afford. As a veterinarian, this should be a no-brainer. So why not help your customer’s bank account… Continue reading Pet Insurance Can Bring 52% Increase in Revenue