Hi, Brandon Davis with Davis CPA Group. Today I am going to talk about net income versus cash flow of a transaction and also of just business operations. You may be asking me, “Well, aren’t those the same thing?” Well, sort of. Here’s what we’ve got. So whenever a company is in business and we’re generating revenue, so let’s talk … Read More
IRA
Hi, Brandon Davis, with Davis CPA Group. Today we’re going to talk about Individual Retirement Accounts or IRAs. I get a lot of questions about different types of IRAs, what makes sense from the standpoint of what the, a Roth versus a traditional, so we’re gonna jump in and talk about that. So when we talk about IRAs, again … Read More
Payroll
Hi Guys, Brandon Davis with Davis CPA Group here with another video in regards to some things I get asked about a lot. Today we’re gonna talk a little bit about payroll and I’ve got some numbers already on the board here and we’re going to chat through what that means. A lot of times, when I work with … Read More
Rental Property
Hi, Brandon Davis with Davis CPA Group. Today I want to talk a little bit about rental properties. A lot of times I get asked questions about different types of investments that one might want to get involved in. I’ve got clients that have good sources of income, and they invest in the stock market, they invest in real … Read More
Personal Financial Statements
Brandon Davis, with Davis CPA group. Today, and we’ll talk a little bit about personal financial statements. I often times get asked to do with my business owner clients or my clients that have real estate withholdings and things of this nature. When it comes time to get bank financing, a lot of times the bank’s going to ask … Read More
Trusts
Brandon Davis of Davis CPA Group in Joplin, MO, discusses trusts in terms of taxation, revocable trusts and irrevocable trusts. Hi, Brandon Davis again, with Davis CPA Group. I’m going to elaborate a little bit more on trusts, talking about the taxation of trusts, talking about revocable trusts, irrevocable trusts, and what that means. In the past, in a previous … Read More
Partnerships
Brandon Davis of Davis CPA Group in Joplin, MO, discusses partnerships as an entity. Hi again, Brandon Davis with David CPA Group, here to talk to you today about partnerships. A continuation to discussions of choice of entity. You’ll see some links below to the previous videos that we’ve done in regards to other choices and other entity … Read More
Estate Planning
Brandon Davis of Davis CPA Group in Joplin, MO, discusses estate planning in terms of vehicles for estate planning and tax implications. Hi Brandon Davis again with Davis CPA Group. Today I want to talk about estate planning. A lot of times when I’m working with my clients, particularly ones that have businesses for a long period of … Read More
Types of Entities — Corporations
Brandon Davis of Davis CPA Group in Joplin, MO, discusses corporations in the context of choosing an entity type for a new business. “Hi, Brandon Davis with Davis CPA group. Going to talk to you guys a little bit today about corporations and the taxation to corporations, and S corporations versus, what they call, C corporations, so we’re jumping … Read More
Types of Entities — LLC
Brandon Davis of Davis CPA Group in Joplin, MO, discusses LLCs in the context of choosing an entity type for a business. “Hi, Brandon Davis with Davis CPA Group again. I want to talk to you all about LLC, limited liability companies. We’ve talked before about different type of entity structures, and I want to talk a little bit … Read More