Alfa One Corporation Accounting Solutions: Tips to help you achieve your financial goals in 2016

The past six months seem to end in a blink of an eye but it is never too late to set up and achieve your financial goals this year. You still have time to review your financial situation and financial goals to determine where you stand and where you want to be at the end of the year.

Alfa One Corporation Accounting Solutions don’t want you to fret too much in case you’re not on track with your financial activities, what is important is that you have specific financial goals in mind and you are now ready to make them into reality. You want to achieve your targets at the end of the year, right? Follow the following guidelines provided by the Alfa One team to help you set and achieve your financial goals avoid fraud online.

Determine your drawbacks

Recognizing your Achilles’ heel is also considered necessary. Identifying your problem areas first before setting your financial goals is crucial according to Alfa One Corporation. Determining them is not enough because you also need to put great effort in order to fix those predicaments.

For instance, learn to improve your long-term investment strategy if you believe you’re lacking in that area. Other problems may include poor budgeting or emptied emergency funds due to unforeseen expenses last year.

Establish S.M.A.R.T goals

It is not simply the word “smart” because it is an acronym for specific, measurable, attainable, realistic and time-bound. Setting this kind of goal is also a vital matter. Alfa One Corporation understands that those five simple words are not easy to achieve, but the firm encourages you to give your best shot. Keep in mind that the road to success comes through hard work, determination and sacrifice.

Dissecting your goals into bite-sized steps helps you make them a lot more achievable, a study says. It is not possible to determine whether you’re making progress toward the successful completion of your goal if it is not measurable. Nothing worth having comes easy, so make sure

that the goal is not too easy to attain but is achievable at the same time. Alfa One Corporation defines a relevant goal as a goal that supports or is in line with other goals. In addition, a time-bound goal is meant to establish a sense of importance.

Learn the different types of goals

Set some targets for each type of goals. In the next few months, you want to attain certain things, right? Those are considered short-term goals like purchasing new equipment, appliances or furniture. On the other hand, things you need to accomplish in the next year or two are known as medium-term goals such as buying a new vehicle or going into a trip. It is apparent that major purchases or investment strategies fall into long-term goals including real estate investments or making retirement contributions and of course, to avoid being scammed..

Alfa One Corporation suggests that your financial plan for this year should include all three. Having the guidance of a financial advisor can also help you set your short, medium and long-term goals. The Alfa One team hopes that the tips mentioned above could be an effective tool for you to set your goals and hopefully achieve them anytime soon.

There are a lot of elements that can contribute to your future success, and one of which is establishing your financial goals. Remember that it is considered an essential step to attain where you want to be at the end of the year and for the coming years.

Summary:

For over two decades, the financial experts of Alfa One Corporation Accounting Solutions in Tokyo, Japan have provided a one-stop financial-services source in management of business practice, tax and financial planning, accounting, transition, investment counseling and retirement planning consultancy especially for the dental industry in Malaysia, Tokyo and Hong Kong. Since our company started its operations, dentists have relied on our knowhow, expertise, and experience to help them attain their business and personal objectives with excellent results. Our well-trained staff of Certified Public Accountants, Certified Financial Planners, accountants and bookkeepers are ready to provide dentists the assistance they require on a day-to-day arrangement. We aim to enhance all our clients’ financial productivity as well as the quality of life.

Alfa One Corporation: Accounting tips for new entrepreneurs of small businesses

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Are you planning to start the business of your dreams? Alfa One Corporation Accounting Solutions can make it happen.

If you have personal savings, you can use it to finance your needs to get started, which may include computers, brainstorming sessions, and the user experience designer.

However, some individuals achieve a lot of things for their small business, but fails at one thing: accounting, simply because they only put their receipts on one of their desk drawers every day or two to keep track of all their expenses.

When they opt to open a business bank account, they’ve been shuffling between different credit and debit cards to pay employees and sellers, and they had late fees and interest piling up. And thus, they’ll end up calling accounting majors for help.

If you can’t identify which receipts are personal or business-related, your financial history and profit-and-loss reports will be inaccurate. It’ll be a real struggle for you if you don’t have a proper accounting system set up for your small business. It’s also a poor habit to combine business and personal finances. You can easily consult Alfa One Corporation Accounting Solutions now in Tokyo, Japan for an even more expert advice. For now, here are few accounting tips for your small business:

Identify the costs

Create a summary of all the costs you’ll need to take into account as soon as you make an idea about your small business. Make sure that you remember the costs including the preparation of a business plan or renting an office space. This can help you determine your business expenses and stop you from mistaking personal expenses for business expenses in the future.

Quickly set up business accounts

As an entrepreneur, you should open a separate business checking and savings account when you start your business. This allows you to keep your small business accounts separate, simple and direct.

Use the right card

You don’t need a sharp memory for this one, and remember that there should be no excuses. It’ll be surely hard for you if you accidentally use your business credit or debit card for personal expenses. You can also put a mark on each card if you have trouble remembering which card to use, or open the cards at different banks.

Transfer your income to your personal account

Some small business owners make personal purchases on their business cards as their income. It’s sometimes easy to think that way, but it’s not the case. It’s wrong to make this a habit. Keep in mind that you should make the transfer for the amount you need from your business account to your personal account when you need to take an owner’s draw.

Be as paperless as possible

Putting the receipts on shoeboxes? This case is quite common in small business accounting. However, this era is coming to an end. Look around you, most data can be stored online, right? So this is not surprising. As a new entrepreneur, you should consider the benefits of running a paperless office. Alfa One Corporation Accounting Solutions can play an important role with this one since they’re great in handling most accounting concerns.

Choose electronic payments and online invoicing

Electronic payments and online invoicing should be an integral part of your small business accounting, especially here in Tokyo, Japan. Business owners can have the advantage of saving time and having less stress of not having to remember to pay the bills because of automatic debit. It’s such a good thing that bill payments were made easy today. You should better think twice and choose online invoicing and offer electronic payment because you don’t want to be one of those business owners who are still sending their clients paper invoices and waiting for a long time to get paid. If you want to make your books much simpler, you have to completely remove paper check writing.

Great advisors should be in your team

It’s totally fine if you have a lot of questions about your small business accounting. As a new entrepreneur, you can ask for the help of experts from Singapore, Malaysia, or Hong Kong such as the Alfa One Corporation Accounting Solutions. A positive change is expected if you have an access to a team of financial experts, especially when you’re starting a business. Establish a relationship with accounting professionals as soon as possible, and you’ll benefit not only with their advice but also with their networks over time. Don’t wait until tax time or a legal fiasco to happen.

For over two decades, the financial experts of Alfa One Corporation Accounting Solutions in Tokyo, Japan have provided a one-stop financial-services source in management of business practice, tax and financial planning, accounting, transition, investment counseling and retirement planning consultancy especially for the dental industry in Malaysia, Tokyo and Hong Kong. Since our company started its operations, dentists have relied on our knowhow, expertise, and experience to help them attain their business and personal objectives with excellent results. Our well-trained staff of Certified Public Accountants, Certified Financial Planners, accountants and bookkeepers are ready to provide dentists the assistance they require on a day-to-day arrangement. We aim to enhance all our clients’ financial productivity as well as the quality of life.

Alfa One Corporation Complete Accounting Solutions: Create a comprehensive plan

By studying each one of the modules meticulously, we will find out which ones need our close and immediate attention and which ones require continuous monitoring. From our experiences, we will develop an implementation program for your future financial life.

Support your financial goals

When you work with us as your partner, you can simplify the process of enhancing your financial condition by attending closely on managing your assets and investments more efficiently in the long-term.

Our individual financial planning strategy assists our clients in coming up with reliable solutions to all of the issues involved. Our method begins with an analysis of individual goals in order to genuinely comprehend your present situation and the enhanced financial condition you want to attain. By considering the most vital questions, we are able to draw out your essential needs, wants, and aspirations, to tailor-fit a method that suits fit your goals. We stand constantly by your side as your partner providing you assistance, advice and tools to solve any issue through all circumstances in your financial life.

We can develop an individualized system to assist you in determining your financial requirements, and to suggest answers for your crucial concerns. Learn more:

If your business exists presently in its beginning phases of growth, or thrives as a established venture, our business-needs services allow you to manage your business with convenience. Our business and estate planning experts will design a business-needs evaluation package to review your risk reduction plan, business-sustenance plan, and employee-benefit requirements. Starting with strategic planning, to specific benefits, to succession strategizing, you can depend on Alfa One Accounting Solutions to guide you and support you as your dedicated Chief Financial Officer.

Our business-evaluation procedure integrates all the management requirements of your business through the following:

– Risk mitigation and control

– Employee and executive compensation and benefits

– Group-insurance coverage planning

– Operating system strategies

– Flexible-expenses accounts

– Distributions to the business owners

– Executive compensation package planning

– Succession program

At Alfa One Accounting Solution, our highly qualified group of advisors is ready to assist you and your business to realize your financial objectives for the present as well as for the future!

INSURANCE & LONG-TERM CARE

Within your overall Financial Plan, we review objectively any need you may have for Life, Disability, Long-Term Care and other forms of insurance coverage. We likewise endorse the suitable amount, type, beneficiary assignments, and deductibles needed to satisfy your insurance objectives.

Summary: For over two decades, the financial experts of Alfa One Corporation Accounting Solutions have provided a one-stop financial-services source in management of business practice, tax and financial planning, accounting, transition, investment counseling and retirement planning consultancy especially for the dental industry in Malaysia, Tokyo and Hong Kong. Since our company started its operations, dentists have relied on our knowhow, expertise, and experience to help them attain their business and personal objectives with excellent results. Our well-trained staff of Certified Public Accountants, Certified Financial Planners, accountants and bookkeepers are ready to provide dentists the assistance they require on a day-to-day arrangement. We aim to enhance all our clients’ financial productivity as well as the quality of life.

Tips on how to avoid the top scams of 2015 by Alfa One Corporation Accounting Solutions

Founded in Malaysia, Alfa One Corporation Accounting Solutions provides complete accounting and financial solutions. And as a part of its yearly review on issues regarding tax scams, it provides the top scams of 2015 which includes basic ways on how to avoid them.

This year, incidents of scams have been reported on the news almost every day. So Alfa One Corporation Accounting Solutions provided some tips on how to steer clear of the top scams of 2015 since scammers use different ways every year to try to steal taxpayers’ hard-earned money.

Do you ever experience receiving an unexpected call from someone claiming to be from the Internal Revenue Service (IRS)? And after some short introduction, he or she will tell you that you owe them money and you need to pay via a pre-paid debit card or wire transfer?

Given above is a good example of the first type of scam to become aware of. Alfa One Corporation Accounting Solutions called it the “impersonator scam”. The scammer may provide you a fake IRS badge number, or change the caller ID to make it look like he’s really calling from the agency.

In addition, the scam artist might even threaten you with arrest, deportation or suspension of a business or driver’s license if you don’t submit to his terms. He may also say that you’re owed a tax refund. This is an attempt to obtain your private information.

In order to avoid this scam, please keep in mind that the IRS will never request personal or financial information through phone, and won’t ask for payment using a pre-paid debit card or wire transfer.

The second type of scam involves the “phisherman”. Phishing is a fraudulent attempt made through email to steal your personal information. Phishing emails usually appear to come from a well-known organization just like the IRS. The fake emails require you to update your e-file as soon as possible, and include a link to a website aimed at copying the official IRS website.

To avoid this scam, Alfa One Corporation Accounting Solutions suggests that once you receive this kind of emails, you mustn’t reply and don’t open any attachments because they may contain malicious code that may infect your computer or mobile phone. You mustn’t also click on any links on those emails. Forward the email as-is at phishing@irs.gov then delete the original email.

The third type of scam is identity theft. According to Alfa One Corporation Accounting Solutions reviews, identity thieves use your Social Security number to file a tax return and steal your money. They may use various methods in obtaining your sensitive information such as dumpster diving, mail interception, malware, phishing, purse snatching, and shoulder surfing.

Never give your Social Security number out unless it’s absolutely necessary. Also monitor your credit report, and secure your electronic and physical files to prevent this type of scam from happening.

The fourth type of scam to watch out for is the fake charities. Scammers often target taxpayers who are interested in donating to tax-deductible charities after a tragic incident due to natural calamities, etc. You might receive a call for financial information or funds, or an email directing you to a phony website that solicits money to help the victims. Scam artists might even use a name that sounds just like a legitimate charity or claim an affiliation with one. Alfa One Corporation Accounting Solutions suggests that you use the Exempt Organizations Select Check tool at irs.gov to find qualified charities to donate to in order to avoid charity scams. Don’t give your personal information to solicitors and don’t send cash to anyone.

The fifth type of tax scam that you should be careful of is the fraudulent tax preparer. Some scammers pose as tax preparers and promise large refunds. They often target those who don’t have to file and those who don’t speak English, tricking them into claiming phony benefits, rebates or tax credits. They might even file a false tax return in the victims’ names.

Scammers also target those with a filing requirement by promising inflated refunds due to bogus credits and Social Security benefits. They will not give you a copy of your tax return, and might also deposit your money into their bank accounts and deduct a sizable fee before giving you the rest. Alfa One Corporation Accounting Solutions recommends that you should be very careful when hiring a tax preparer, choose someone who asks for proof of income and eligibility for credits and deductions, enters his IRS Preparer Tax Identification Number, provides a copy of your return, and signs your return as the preparer.

Keep in mind the safety tips provided by Alfa One Corporation Accounting Solutions to avoid the top scams of 2015.

Summary: For over two decades, the financial experts of Alfa One Corporation Accounting Solutions have provided a one-stop financial-services source in management of business practice, tax and financial planning, accounting, transition, investment counseling and retirement planning consultancy especially for the dental industry in Malaysia, Tokyo and Hong Kong. Since our company started its operations, dentists have relied on our knowhow, expertise, and experience to help them attain their business and personal objectives with excellent results. Our well-trained staff of Certified Public Accountants, Certified Financial Planners, accountants and bookkeepers are ready to provide dentists the assistance they require on a day-to-day arrangement. We aim to enhance all our clients’ financial productivity as well as the quality of life.

Alfa One Corporation Complete Accounting Solutions

Many see the management of one’s finances as an exceedingly challenging task not unlike climbing a mountain which has many tricky paths and possible ways leading to its peak. Which way is the easiest, which is the general objective? For nobody wishes to make the process harder than it already is, as if it were a test of endurance. Alfa 1 Corporation Accounting Solutions assist you in mapping your best financial course toward achieving a stable and productive financial future.

We can chart personalized and creative financial plans to allow you to attain your objectives and gain security in your financial future. With more than two decades of financial management track-record, our professional team possesses a deep reserve of excellent experience in our support staff, and our alliances with Alfa One Corporation Wealth Group. Our staff and associates include professionals in small business management, accounting, financing, taxation, insurance, employee benefits, and individualized financial management. This multi-discipline method applied in financial planning makes us unique in the industry, thereby allowing our clients to obtain unmatched service and productive solutions.

Our multi-discipline strategy incorporates another principal component: You! You can look at Alfa One Corporation Account Solutions as your expert mountaineering companion, hiking on your side all the time to provide answers and valuable guidance. We welcome client participation and raise it up to a higher level with safe online portals to transmit and receive financial information, and also to keep in touch with our team online. Every one of our clients is assigned an online filing cabinet for accessing information, various reports, and forms. Our services are designed to provide our clients unrestricted access, individualized progress reviews, and unequalled client service.

Summary: For over two decades, the financial experts of Alfa One Corporation Accounting Solutions have provided a one-stop financial-services source in management of business practice, tax and financial planning, accounting, transition, investment counseling and retirement planning consultancy especially for the dental industry in Malaysia, Tokyo and Hong Kong. Since our company started its operations, dentists have relied on our knowhow, expertise, and experience to help them attain their business and personal objectives with excellent results. Our well-trained staff of Certified Public Accountants, Certified Financial Planners, accountants and bookkeepers are ready to provide dentists the assistance they require on a day-to-day arrangement. We aim to enhance all our clients’ financial productivity as well as the quality of life.