Insights
Important Reminder: Individual Taxes Deadline
Taxes, taxes, taxes! We’re in the middle of tax season and have an important reminder for clients needing their personal tax return prepared with us at Brannen CPA Services. Please note that in order to file by the IRS’s original April 15th deadline, we require all individual tax information to be submitted to our offices one month prior on March 15, 2024.
How to Prepare for Your Tax Appointment
The IRS began accepting and processing individual returns on January 29th, 2024, so let’s get you ready to file your taxes! At Brannen CPA Services, we provide tax services that are tailored to your unique needs. Our goal is to minimize your tax exposure and maintain your compliance with the applicable laws and regulations. To help you prepare for your tax appointment with us, here are some important dates and documents to keep in mind.
2023 Tax Season News: Tax Updates
Tax season is here! At Brannen CPA Services, we provide creative solutions to traditional tax and accounting services that are always client-centered. You can always count on us to provide honest advice and relevant insights. To help you prepare for tax season this year, we wanted to share some recent tax updates.
Cost Accounting & COGS in the Cannabis Industry
Karla Brannen talks about why it is essential for business owners in the cannabis industry to understand cost accounting and how to calculate the cost of goods sold.
A CPA’s Take on 5 Bookkeeping Best Practices for Small Business Owners
The practices you employ to keep your company's books are deeply intertwined with your financial success. As a CPA, I see a myriad of bookkeeping methods and variations. To help business owners reach their goals, I'm sharing 5 bookkeeping best practices that can help keep you on track.
Could Your Company Benefit From Outsourced CFO Services?
Even if your growing business isn't ready to hire a full-time CFO, you don’t have to miss out on the functions and insights provided by someone in that role. Here's a look at a few of the benefits of outsourcing CFO services.
Expanded Tax Credits Could Significantly Reduce Your Tax Liability in 2021
Some of the expanded tax credits currently available for individual taxpayers could significantly reduce their tax liability when they file their 2021 returns in 2022.
How Do You Know When It’s Time to Outsource Your Bookkeeping Services?
Outsourcing your bookkeeping services with a CPA gives you access to industry expertise and best practices, while helping you maintain tighter control over your financial health. As a small business owner, here’s how you know when outsourcing will be cost-effective.
Karla Brannen Receives MECPA 2020 Accolades & Accentuating Resilience Leadership Award: “The Startup Standout”
Karla Brannen received an MECPA 2020 Accolades & Accentuating Resilience leadership award. Brannen was named The Startup Standout, an honor awarded for her above-and-beyond work in an entrepreneurial venture.
Karla Brannen Opens Brannen CPA Services in Falmouth, ME
Karla Brannen, CPA is proud to announce the grand opening of Brannen CPA Services PA, LLC, a Maine-based accounting firm she founded to help local small businesses and individuals thrive.
Maine Marijuana Industry Updates
Maine marijuana industry businesses have anxiously awaited the launch of adult-use recreational sales. As sales officially began on October 9th, Karla Brannen, CPA, looks at evolving tax laws, regulatory guidelines, and taxpayer resources affecting cannabis-related business owners.
Karla Brannen Honored Among MECPA’s 2018 Women to Watch
Karla Brannen, CPA, has been named as one of three recipients of the Maine Society of Certified Public Accountants (MECPA) 2018 Women to Watch Award.