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What do accountants do with themselves after tax season? Actually, the same thing they do during busy season: They work hard for their clients. The only difference is that instead of cranking out tax returns, they help clients work through other aspects of their financial health—including issues revealed during the yearly tax return process.
Spend it? Save it? Invest it? Share it? Here are a few ideas for putting your tax refund to work for you:
Most professions have their own lingo, and accounting is no different. What is different is that you have a vested interest in understanding what your accountant tells you about your financial situation. So, here’s a quick primer on common accounting terms—some business-related, some general—to keep you in the know:
David Fenton and his team provide exceptional support to any entrepreneur. The team helps with financial strategy, tax planning, and creating unique systems to support and manage the growth of your business. I have referred Fenton and Ross to a handful of people in my business network who have been equally excited to work with David.
Fenton & Ross has handled both my personal and corporate taxes for the past twelve years. They have also advised me on several of my key business and personal financial decisions. Their level of professionalism, service, advice and communication have been consistently excellent. David Fenton is my chief point of contact, but I’ve also worked with several members of his staff and I’ve been well taken care of in every communication and transaction. I highly recommend Fenton Ross to business owners and professionals who understand the importance of business and personal tax planning and want a savvy trusted advisor for business and financial matters.
We have been so fortunate to have Fenton & Ross as an integral part of our team for over 13 years. Dave Fenton, Ed Yen, and their entire staff have been instrumental in our growth and company success. Dave and Ed’s input, advice, and steadfast support has resulted in major accomplishments. I wholeheartedly believe in their guidance and analysis on our complicated tax matters in all of our real estate ventures in addition to other business opportunities. I wish all of my consultants were as dependable, experienced, savvy, and thorough. Thank you – couldn’t have done it without you.
Fenton & Ross, a Los Angeles-based full-service accountancy firm, was founded in 2003 by David A. Fenton, CPA. We offer a complete range of accounting, tax, and business advisory services to fit the needs of our diverse clients. We’re here to help you navigate the complexities of running your own business and help you make the best decisions.