35 under 35

28.08.2015 / by hiaadmin / 0 comments

Describe what your company does? Heritage Advisors is a multi-disciplinary financial services firm that combines, under one roof, the primary financial professionals required to build life-long wealth. Our firm provides a specialized family office experience, previously only available to ultra-high…

Heritage Advisors acquires Minyard & Co., P.C.

12.08.2015 / by hiaadmin / 0 comments

Heritage Advisors acquires Minyard & Co., P.C. October 1st 2014 – PHOENIX, Ariz. – Heritage Advisors, LLC in Phoenix, Arizona makes strides to make their mark on the financial sector. They take pride in announcing the recent acquisition of  the Phoenix…

The Heritage Project

15.07.2015 / by hiaadmin / 0 comments

The Heritage Project enables us to give back to our senior clients by capturing their legacy in a short autobiography.  We will sit down with them and through a series of interviews, record the memories, events, and moments of their…

Phoenix-based Heritage Advisors LLC, which recently changed its name from ANF Wealth Management, is actively eyeing certified public accountant firms in Houston, Austin and California for expansion by acquisition over the next two years. Heritage has roughly $20 million in…

4 Common Estate Planning Mistakes

5.06.2015 / by hiaadmin / 0 comments

Estate planning is one of the most neglected aspects of the average American’s financial strategy. Obviously, accepting one’s mortality is one of the biggest obstacles to estate planning. No one looks forward to planning for the future of their assets…

How Does Portability Fit Into Your Estate Plan?

5.06.2015 / by hiaadmin / 0 comments

In recent past, the waters of estate and gift taxes have been made murky by legislative uncertainty. Thankfully, the American Taxpayer Relief Act of 2012 (ATRA) served to bring some clarity and permanence to the estate planning landscape. This provides…

Intro to an IRS Offer in Compromise

5.06.2015 / by hiaadmin / 0 comments

If you are a taxpayer finding yourself unable to meet your full tax liability, or believe doing so will cause a financial hardship, filing an Offer in Compromise (OIC) with the IRS may be an option. However, before filing an…

Partnership Form 1065 Stiff Penalties for Late Filing

5.06.2015 / by hiaadmin / 0 comments

Late Filing of Return A penalty is assessed against the partnership if it is required to file a partnership return and it (a) fails to file the return by the due date, including extensions or (b) files a return that…

IRS Videos Address Your Responsibility Under ACA

5.06.2015 / by hiaadmin / 0 comments

The IRS announced (on Monday) that they’ve released a number of new YouTube videos discussing the shared responsibility provision of the Affordable Care Act and a variety of tax return filing topics.  You can find the IRS YouTube channel here:…

IRS Webinar on Home Office Deduction

5.06.2015 / by hiaadmin / 0 comments

According to irs.gov, “the Internal Revenue Service will hold a free webinar this week designed to help individuals, especially owners of home-based businesses,  see if they  qualify for the home office deduction.” Useful for small business owners, industries and organizations,…

USES OF FINANCIAL REPORTS

12.12.2014 / by hiaadmin / 0 comments

Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial statements to make important business decisions affecting its continued operations. Financial analysis is then performed on these statements, providing management with a more detailed understanding of the figures.

FUNDAMENTAL ACCOUNTING

11.12.2014 / by hiaadmin / 1 comments

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of Financial Accounting Concepts No. 1, are to provide information that

ACCOUNTING 1 ON 1

11.12.2014 / by hiaadmin / 0 comments

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of Financial Accounting Concepts No. 1, are to provide information that

PROPER INVOICE INFO

11.11.2014 / by hiaadmin / 1 comments

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…