Andrea Utsey Celebrates 10 Years with S.J. Gorowitz

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S.J. Gorowitz Accounting & Tax Services, P.C. is very excited to celebrate the 10-year working anniversary of Andrea Utsey, firm administrator. Any client who has ever called us, sent us an email or stepped through our front door over the last decade has had the pleasure of interacting with Andrea and we couldn’t be happier to have her as a member of our team. Andrea got her start while in high school, where she applied to and was accepted into the La-Z-Boy Chair Company’s vocational program, the first junior to ever be accepted. “I was so excited to be accepted to work for such a well-known corporate name,” says Andrea. “Plus, they paid higher than minimum wage, which was huge for a high school kid at the time." In this role, she performed administrative tasks for the corporate headquarters. Upon graduation, she was offered a full-time role but decided to decline it and bought a one-way ticket to Atlanta. She landed her first role in Atlanta at a CPA firm in Buckhead, … [Read more...]

Tax Season Is Over at Last

SJG Tax Alpharetta

By Stacey Gorowitz, CPA, MBA If you’re like most people, you’re heaving a sigh of relief this week and feeling like a huge weight has come off your shoulders, all because this year’s taxes are over and done with at long last. From finding the documents you need to writing the check (or waiting to get your refund), none of the tax-associated activities are likely to be at the top of your “favorite things about spring” list. Handing the task over to a good CPA makes it much less of an ordeal, but even if you did so you probably picked up some general tax season angst from friends and colleagues who weren’t as smart about outsourcing the job to a professional. It seems there is no escape from the stress of taxes. That makes sense, given that American citizens file over 146 million returns (just counting individual filers, not business) that represent $1,371,402,000,000 in taxes! That’s an awful lot of money, especially considering that the median adjusted gross income was just … [Read more...]

Are Your Books A Mess?

SJG Business Advisory Alpharetta

By Stacey Gorowitz, CPA, MBA Just as in personal life, most of us are eager to start our businesses off on the right foot in the New Year. One of the best places to focus attention on is bookkeeping and accounting. If you’re on top of this, you’ll have a good view of the health of your business and be able to make informed decisions as the year progresses. And yet, it’s very common, even for successful companies, to let accounting take a back seat to other operational areas. Here are some questions you should ask yourself as 2014 begins. They may help you find out just how much work you need to do to get your books into shape. Do any of these scenarios sound familiar to you? If you have several businesses, is the accounting and record-keeping set up separately for each company and separate from your personal finances so that you have a clear picture of operations? This is step one to good financial management for your business and your personal finances. Can you look at … [Read more...]

2014 – IRS Standard Mileage Rates Announced

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By Stacey Gorowitz, CPA, MBA It’s time to reveal the long-awaited IRS standard mileage rates for 2014. And they are (drumroll, please): 56 cents per mile for the optional business standard mileage rate 23.5 cents per mile for qualified medical and moving expenses 14 cents per each mile driven for charitable purposes Let the celebrations begin! But wait – aren’t some of those numbers lower than last year’s rates? Yes, your memory does not deceive you. The IRS has reduced the optional business standard and medical/moving expense rates from their 2013 levels of 56.5 and 24 cents per mile, respectively. (The charitable miles rate remains the same.) With gas prices generally trending lower than they have been in recent years, the IRS thought it prudent to reduce mileage cost deduction rates to reflect the change. … [Read more...]