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Record-keeping Best Practices: Organizing Financial Records for Tax Purposes

Effective tax planning and compliance rely heavily on maintaining accurate records. This piece highlights the importance of proper record-keeping for taxes and the best techniques to achieve it. We cover the benefits of organized financial records, share tax planning tips, and discuss the value of professional bookkeeping and accounting services. By adhering to effective record-keeping […]

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The Impact of ChatGPT on Finance and Accounting

ChatGPT, an AI-driven chatbot developed by OpenAI using the GPT-3.5 architecture, launched publicly in October 2022 and rapidly gained global popularity. Using ChatGPT for finance and accounting can have both pros and cons. On one hand, ChatGPT provides accurate responses to complex financial and accounting questions swiftly. On the contrary, relying entirely on an AI model […]