Financial Resolutions: A Guide to Kickstart Your Best Money Year Yet

As the calendar turns to a new year, many of us reflect on the past and set intentions for the future. Why not extend this reflection to our finances? This article will guide you through essential financial resolutions to set the tone for your best money year yet.

1. Create a Budget That Works:

Start by reviewing your spending habits from the past year. Identify areas where you can cut back and allocate more funds towards savings or debt repayment. Establish a realistic budget that aligns with your financial goals.

2. Emergency Fund Boost:

Ensure your financial safety net is robust. Aim to increase your emergency fund to cover at least three to six months of living expenses. This provides a cushion in unexpected situations.

3. Debt Reduction Strategy:

If you have outstanding debts, develop a strategic plan to pay them down. Consider the snowball or avalanche method, focusing on high-interest debts first. Set monthly milestones to track progress.

4. Maximize Retirement Contributions:

Take advantage of employer-sponsored retirement plans or individual retirement accounts (IRAs). Maximize your contributions to benefit from compounding interest over time.

5. Invest in Knowledge:

Commit to expanding your financial literacy. Read books, attend webinars, or take courses to enhance your understanding of personal finance. Knowledge is a powerful tool for making informed decisions.

6. Review and Update Insurance Policies:

Ensure your insurance coverage aligns with your current needs. Update beneficiaries, review coverage limits, and explore options for potentially reducing premiums.

7. Set Specific Financial Goals:

Define clear, achievable financial goals for the year. Whether it's saving for a vacation, a down payment on a home, or investing for the future, having specific objectives will keep you motivated.

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Title: Accounting / Tax Manager 

We are seeking an Accounting/Tax Manager to join our team! You will lead and manage multiple operations of the tax practice area and deliver quality tax services that will increase the firm’s reputation. You will oversee the work of accountants, review financial statements, and prepare reports. Schedule: Monday to Friday. 

Job Type: Full-time. 

Interested parties please call 214-646-0300.  

Duties and Responsibilities: 

  • Manage and Prepare tax returns for over 2,000 individuals, businesses, non-profits and estates 

  • Contact clients to obtain tax documents 

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  • Accounting/Bookkeeping for firm clients in various accounting software (QBO, QBD, Intacct, Xero, Wave, Zoho Books, BQE Core, etc...) 

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  • Plan and schedule appointments and events 

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  • Draft correspondences and other formal documents 

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Qualifications: 

  • Tax preparation experience is required 

  • Experience with Lacerte / Drake Tax software is required 

  • QuickBooks experience is required 

  • Previous experience in office administration or other related fields 

  • Ability to prioritize and multitask 

  • Excellent written and verbal communication skills 

  • Strong attention to detail 

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  • Must be able to speak Hindi and English 

Education: Bachelor's (Required), CPA (required), Enrolled Agent: Preferred. 

Experience level: 3 years. 

Compensation 

Salary: $75,000.00 - $110,000.00 per year 

Benefits: 

  • 401(k) 

  • 401(k) matching 

  • Dental insurance 

  • Disability insurance 

  • Health insurance 

  • Life insurance 

  • Paid time off 

  • Vision insurance 

  • Work from home 

Contact 

Interested parties please call 214-646-0300.