Prosperl CPA | Accounting Blog

Now that we’re a week into the new year, all of last year’s broken things in your Atlanta biz have likely smacked you in the face a few times. Sadly, they didn’t magically get fixed while you were cleaning up wrapping paper and sneaking another sugar cookie. But it’s a new year, so why not make plans now to fix a few of those pain points? I’ve seen some pretty… Read More

  Making New Year’s resolutions seems like a waste of time. Sure, we might start with the best of intentions, but by February most of us have quit the gym, returned to normal eating habits, and left books unread on our bedside tables.  But something I do believe in making at the start of the year are goals — both personally and professionally, short- and long-term. I keep in mind… Read More

The delayed, 2026 effective date for changes to Designated Roth Accounts looms large…and not everyone will welcome the rather drastic change. The delayed effective date is good news and gives planners some time to figure out how to make it work. While the option is probably a good one for higher-income employees, it does not mitigate the administrative hassles. Nonetheless, if you operate a 401(k) plan for employees, you are… Read More

By the time you actually get to reading this, there is a very good chance that you’re reading a voice from the past. I make it a practice to prepare my Atlanta clients and friends a few days in advance, and RIGHT NOW, it is still 2023. But 2024 is beckoning and is probably already here for YOU. The thing to celebrate is that your Fulton County business made it… Read More

In many ways, year-end couldn’t come at a worse time. As if December holiday crazymaking wasn’t enough, as a business owner you’re also responsible for compiling an entire year’s worth of reporting data into comprehensible form for your accountant, with enough time to spare to make proactive decisions that will improve long-term profitability. No pressure. A proactive bookkeeping system can help lessen the load this time of year because you’re… Read More

Crazy to think there are only two more weeks until Christmas and only three more weeks left of 2023. There’s a lot of joy still to be had and opportunities for your Atlanta business to increase revenue On the other side of that coin, though, rising costs and the Fed’s interest rate hikes have made it extremely difficult for some businesses to stay afloat.  Inflation alone has negatively affected the… Read More