Few entrepreneurs go into business because they love keeping detailed records of their business finances. Many, instead, launch a business in pursuit of self-fulfillment, independence, personal satisfaction and even necessity. Still, sound recordkeeping is essential for tracking business performance, making critical adjustments to improve performance and for tax purposes. Even the most talented entrepreneurial makers and doers often need some guidance when it comes to keeping accurate, timely and organized records. Read the rest of this entry
If you’re like us, tax season has completely consumed you. And if you’re reading this, you’ve probably only got a few minutes before something else pops up – just enough time to think about 2011 and all we’ve done together. NCTC is proud to release our 2011 State of the Field Report, highlighting the success our field shared together last year.
More than ever, our members in the community tax preparation and asset building field have collectively improved the lives of our clients. Whether preparing a simple tax return, opening a bank account, filling out a FAFSA or screening for benefit eligibility, each and every client is closer to financial stability than when they walked in the door.
Despite the overwhelming challenges, we improved in nearly every conceivable category. Read the rest of this entry
Just like you, we at NCTC are gearing up for another exciting tax season. While we’re not anticipating any last second tax law changes like last year (how annoying was that?), there is plenty to look forward to in 2012. Here’s a quick peek at what NCTC is going to be up to next year:
- State of the Field Report – Last year, we issued our very first State of the Field Report. The report includes information on VITA statistics and performance, NCTC programs, NCTC membership, advocacy campaigns, client and program success stories. You can look forward to this year’s report in mid-January.