What Is the Easiest Way to Speak With a Beacon Resources Recruiter?

If you’re on the hunt for great accounting jobs, Los Angeles is a great destination city to pursue those dreams in. Not only does the economy support a diverse range of industries that all require the help of financial professionals, it also has a bustling financial services sector of its own. Whether you’re looking to provide in-house services as a CPA in a company’s accounting department or you’re looking to rise in the financial world as a top professional in a company that specializes in financial services for others, Beacon Resources is going to be one of the best accounting recruiters you can talk to.

Opening the Conversation

There are two easy ways to get in touch with a recruiter from this agency. The first one is direct and simple, and that’s to submit an application through their regular process. Upload a resume, and find out which jobs you’re matched for once it’s been processed. From there, you’ll talk to a recruiter about the possibilities that might fit your needs and goals. This is a great way to find yourself matched with a contract position quickly, especially if you are fairly new to the workforce.

The other way is by getting in touch with the agency through the website’s contact information. This is a good way to find out basic answers to common questions before you submit a resume, and that can be a big help if you’re not sure about the organization’s preferences for presentation or their mission emphasis. It’s also a great way to open the conversation powerfully if you’re experienced and you’re prepared to seek out the perfect position to advance your career.

Get in Touch Today

If you’re ready to talk to a Beacon Resources representative, get in touch today. Contact us online through the website and let us know how we can help you advance your career. If you’re new to the area and looking for accounting jobs Los Angeles has plenty of opportunities.

6 Top Tips to manage your Cryptocurrency Risk

bitcoin trading exchange stock market investment, forex with trend of graph, price and candle stick chart, 3D illustration of stock crypto currency analysis graph, abstract background

Although cryptocurrencies don’t have physical properties, they are still financial digital assets that represent a store of value, a utility, and useful as a form of currency. Therefore they can be bought, sold, and traded like other financial assets.

Just like trading equities and securities (stocks and bonds), trading cryptocurrencies comes with risks as well as rewards. Here we will talk about the risks at a basic level. Keeping these at top of mind will provide a foundation for productive trading going into the future. Because these markets are still unregulated (a double-edged sword), more complex subjects like options, futures and margin trading are for a coming discussion.

1: Be constantly aware of security risks.

Cryptocurrencies, by their cryptographic nature, are very secure. But the supporting infrastructure for trading is not. In addition, the currencies themselves are volatile and unstable from a market standpoint. Storing your coins on exchanges is risky because the exchanges actually own your funds, not you. Wallets can add more protection, but they all present opportunities for savvy hackers to mount cyber attacks or intrude into individual accounts.

And beware of fake website URLs. Enabling two-factor authentication (2 FA) can provide an additional level of security on exchanges and wallets. Transactions can be tracked and even hacked while in process, and even hardware wallets have their vulnerabilities.

And always protect your private key; if it is stolen or lost you are just plain out of luck. Your cryptos are completely unrecoverable!

2: Decide on Your Trading Instrument

You need to decide on what instrument you would like to trade in order to get exposure to the cryptocurrency market. Would you like to buy the physical coins on the exchange and store them or would you like to take a position on a derivative instrument such as a CFD.

This is also fundamental to risk management as the different cryptocurrencies have varying degrees of risk.

There are a number of well known and established cryptocurrency exchanges. These include the likes of Coinbase, Bitstamp. These will allow you to buy the coins on their exchange and then to store them in your wallet off line.

Other options that are open to you are to make use of Contracts for Difference (CFDs). There are a number of respecatable cryptocurrency CFD brokers. One of the most reputable is IQ option. You can read more about them in this IQ Option CFD Review.

3: Take large long-term positions and hodl.

Currencies like Bitcoin, Ethereum, Monero, Dash, and others can be held for long periods of time as the market continues to grow. Even in a bear market, like the current one, there is a large amount of interest by institutional investors, VCs and developers percolating under the surface that is set to drive the market in the future. This is a way to get rich slowly and steadily.

4: Take large long-term positions and hodl.

Currencies like Bitcoin, Ethereum, Monero, Dash, and others can be held for long periods of time as the market continues to grow. Even in a bear market, like the current one, there is a large amount of interest by institutional investors, VCs and developers percolating under the surface that is set to drive the market in the future. This is a way to get rich slowly and steadily.

5: Hedge Positions with Options.

Holding a position in a cryptocurrency without managing your risk can be quite risky. Hence, it makes sense to hedge your risk with the appropriate instruments. One of the most attractive risk management instruments that one can use are options.

These are instruments that will payout only if the price of the cryptocurrency is below or above a certain level. You also have to make sure that you are finding the best binary crypto broker before investing. There are a number of them that can make use of.

6: Don’t try to time the market

There may be a few wizards among us who can do that, and if that is you, you’re not reading this. For the rest of us, the best thing we can do is pay attention to charts and patterns, keep up to date with the market on a daily basis, and make your trade when it feels right. Over time you will develop a better sense of this, and you will sometimes fail, sometimes win, and always just keep on keepin’ on.

7: Do your homework and buy quality

This is one the most effective things you can do to minimize your risk. You want to evaluate the completeness of information on the whitepaper and the currency’s website, the reputation and history of the developers, the conversations occurring on Reddit and Twitter, the security of the platform, which exchanges offer the currency.

Also view the quantitative data like the market cap, monthly and yearly returns, trading frequency and levels of volatility. Answering these questions before investing can save you pain and loss by jumping too quickly. A parting comment; governments also pose ongoing risks to the trader, with threats to anonymity as they bring exchanges under their heel, crackdowns on the exchanges like the ones that occurred in China in 2017, increased regulation of ICOs (not necessarily all bad) and the intrusion of taxing authorities.

As the cryptocurrency space expands, all nations will be taking similar actions to either join the party or try to end it. In these uncertain times, make sure you know whom you are partying with and that they want to keep the party going.

How Bitcoin Can Evolve

Everyone is down on Bitcoin. The cryptocurrency has been hovering around $10,000 for a long time, occasionally popping up and then dipping back down below. The roller coaster valuation is troublesome, but it is more in line with historical commodities. The original cryptocurrency is just going through  what many financial instruments have gone through over their life spans, from invention to adoption to mainstream acceptance. The bubble fears could be real, but that can happen with any currency or security or financial product.

The key is to manage the short term volatility while still staying hip to the long game. The underlying value of Bitcoin is in the blockchain technology. And its uses will evolve greatly as we see the market create new uses for the tech and the tools emerge from behind the shiny new toys.

Blockchain can be a very effective tool for organizing and verifying digital rights management. That could offer a great new way of creating and monetizing media. When you combine private key cryptography with the right incentives and a shared, distributed ledger, you can keep track of ownership in a very secure and efficient manner. That has all sorts of ramifications for creating media, keeping the ownership benefits with creators and making sure that the network is protected from outside forces.

Bitcoin dreamers will believe till the very end. The idea of a decentralized currency with no fiat properties and a viable transaction speed may be a pipe dream. But the process of working towards that and the market doing its work will result in tools and technologies that otherwise would not have existed. That is the process that the growth of the world wide web and digital tech has revealed to us. There is always going to be a use that others did not think of.

Staying on top of the Bitcoin news cycle can be valuable for traders and for enthusiasts. If you are looking to take advantage of the ongoing volatility, you can keep track of the markets and how the various cryptocurrencies react against each other. That can give you profitable insights that might not hurt your bottom line. The key is to be familiar enough with the various exchanges and be able to move money around without incurring too many excessive fees. Day trading crypto is possible, but it is harder than day trading more traditional financial products.

Popular culture has a complicated relationship to Bitcoin and cryptocurrency. Many in the entertainment industry regard the markets with skepticism and thinly veiled contempt. That is often how people that don’t’ understand the nuances tend to regard new things. A popular comedian on HBO recently compared Bitcoin to Beanie Babies and gambling, capitalizing on the association with unsustainable valuation and improper risk management.

While that may be funny to some, the truth is that Bitcoin can be the beginning of something much more substantial. Learn as much as you can about the blockchain, so you can be ahead of the naysayers and the skeptics.

 

Best Mac Apps for Home Finances

Every family tracks their personal finances in some capacity. If a household did not keep track on their spending and savings than their life would be in shambles. The key to keeping an organized household when it comes to finances is to find the best resources that work best for you and your family. For me, I like to do everything electronically on my phone or laptop. I came across an app by the name of Setapp that offers many resources of this nature. Setapp is an app available to Mac users that gives you access to dozens of  top rated mac apps in one spot for a small monthly fee. At first I was a skeptical of the fee, but when you see the advantages that is provides than you will not be disappointed and will want to register as soon as possible. Below is a brief description of a handful of apps available on Setapp that I found helpful for personal finances.

Chronicle

One of the biggest obstacles with personal finances is timing. You have to make sure you pay all of your bills on time! With the app Chronicle which is available on Setapp you are able to track and pay bills in an easy manner by having due date reminders, payment scheduler, bill checker and budget planner. Having all of these functions in one spot is a key to personal finance success for me.

MoneyWiz

Similar to Chronicle, MoneyWiz is a great budget and bill organizer app. It allows you to track what you spend your money on and even lets you sync the app to your online banking to make things easier for you. By syncing instantly across all of your devices, it makes it real simple to quickly check your financial position at the touch of a button. It also offers specialized reports like forecasted spending to help you plan out your finances.

Home Inventory

Besides money in the bank, your net worth can include physical items. Physical items and belongings can be worth money and need to be catalogued. With the Home Inventory App available on Setapp you can keep track of the inventory in your home in an organized fashion. Cataloging your belongings with this app can be beneficial in many situations, for example you would be able to run reports to see if your home is properly insured or if all items were moved while moving homes.

Setapp allows you to access these apps as well as many others for the small monthly fee of $9.99. It simply allows you and your family to become as organized and efficient as you always hoped you could be by making it easy. Setapp can help you get a hold of personal finances, education, organization, business and many elements of your life. Try it today!

 

6 Ways to Save Money by Going Green at Work

Tesla’s hyper-sexy cars and expensive solar roofs may have you believing that going green is only for the rich and famous. But don’t let Musk convince you that being environmentally-friendly needs to cost a fortune. Here are six simple ways you can go green whilst actually saving money for your business:

1.  Government subsidies

The government is trying to incentivize going green, and there’s a good chance you’ll get a rebate for being environmentally friendly at work. If you’re short on cash on a rebate approved investment, a good idea may be to get a small grant, or a cash advance from Cash Stop to install the technology required to go green. Considering how these newer and sustainable technologies are cheaper to operate, you can expect some considerable savings over time.

2.  LED costs less

There’s no doubt that LED bulbs cost more upfront. However, they are designed to last nearly 25x longer than other bulbs. Over time, these smart LED lights can cost nearly a third of what incandescent bulbs would cost you.

Switching all your bulbs to LEDs could save your business thousands of dollars each year, and the government estimates it could save the country a total of $30 billion by 2027. LEDs look better and are more customizable, so there’s really no good reason not to get them.

3.  Upcycle furniture

Used or recycled furniture will probably cost less to buy and is great for the environment. Old chairs and desks can easily be refurbished for use in your office.

4.  Save money on travel by working from home

A report from 2013 found that nearly half of all the staff at the US Environmental Protection Agency (EPA) worked from home. This is because the department responsible for conserving the environment knows what’s best for it.

Working from home cuts out the single biggest pollutant – vehicular emissions. It also costs the business less to provide heating and lighting for employees when they turn up to work. Large firms like IBM and Microsoft have saved tens of thousands of dollars per employee who chose to work from home.

5.  Conserve Water

Even a relatively small office can save nearly $300 a year by using water-efficient appliances. You can probably go a step further and replace your toilet and heaters with the latest technology to conserve even more water each year.

6.  No More paper

Paper isn’t expensive, but larger firms use a ton of it and much of it is wasted. Over time, the costs add up. Digitizing completely means less waste and substantial cost savings, depending on the size of your business. Some large firms have saved millions in paper costs alone.

Going green isn’t always expensive. These are just some of the sustainable moves you can make to cut costs while saving the planet.

What You Need to Know About Setting Up an Office

All businesses of some sort end up needing an office. This can be as small as the corner of your den, an office in your home, or actual space that you lease to run your office out of. Why you need this office will depend on the nature of your business. Most offices are taking care of the administrative and financial aspect of your business. Before you decide to open an office, there are a few things you need to take into consideration.

What Size Do You Really Need?

Determining who is using the office is going to give you an indication of what size you need. If it’s just you so that you can handle your bookkeeping and emails at the end of a work day, then a simple home office will do. If you have human relations, accounting, IT, and marketing, they will indicate the leasing or purchase of your space. If you are going this large, make sure you have plenty of space for growth and stay well within your budget.

Shop for Internet

No matter what you are doing in your office, you will need internet. There are a slew of office internet providers and it takes some time to find the best ones. You are looking for a reliable service in all manner of weather. You also want a fast service so that you can get through your tasks with efficiency. It also helps to find fiber optic service rather than cable or DSL. Fiber optics are simply faster and ensure transfers of data over long distance without degrading the data. Fiber optics are not available everywhere and can be expensive to install. Be sure you can get fiber optics and that it’s within your budget.

Furnish It with Necessities

Shopping for office furniture can cause anyone to get caught up and swept away. Keep it simple and takes care of your needs. If you are leasing or purchasing a space, all of your furniture should match among the departments. For storage, get what you need plus one year’s worth of growth so that you are not constantly purchasing more filing cabinets. All chairs should be comfortable and provides support so that no matter how long you are seated, you are not straining your body too much. If your office space is carpeted, floor mats at the desks will allow for rolling chairs to move easily. If you have overhead lighting, you can avoid desk lamps.

Keep Office Equipment to a Minimum

Purchasing office equipment is yet another expense that is easy to get carried away with. Get exactly what you need to perform your duties. If you are in a home office and travel a lot, skip the desktop pc and opt for a laptop. If you are leasing/purchasing office space, desktops are more efficient for your employees. Sales teams of course would benefit from laptops rather than desktops. Printers for a home office should only include extras you use. No need to get a scanner option if you will never use it, unless the printer with the scanner is a less expensive option! Printers for a larger office space often need more bells and whistles but you can minimize how many printers you obtain. Many can be hooked into a network and folks can share the printer. One other option you can consider is leasing equipment, rather than purchasing it.

Office Supplies Are Your Friend

Office supplies can be your most costly expense in an office. Of course, you should buy exactly what you need and keep them plentiful in the supply closet. No matter what size office you have, getting a rewards card to your local office store will be greatly beneficial to help you save on your supplies. Look for those deals and watch how much waste you create. If you can avoid printing on paper, you should.

Hopefully, your endeavor into opening an office is an exciting time for you and your business. Take these extra steps to pay attention and make the most of your space without breaking your budget!

What to Do if You Owe the IRS Money

Let’s start with this: the IRS is the biggest, best resourced, and more powerful collection agency in the world. So, while I’m not suggesting that you’d otherwise try and avoid a debt to any person or organization, if you’re typically the procrastinating type that needs things to get serious and urgent before you’re motivated to take action, then please allow me to be your wake-up call: this is serious and urgent. The letters and calls won’t stop, and when the IRS threatens wage garnishment, tax levies and other collection action, they mean it. It’s not an empty threat.

With that being said, you shouldn’t feel as though your (financial) world is coming to an end, and that it’s only a matter of time before black tie and sunglass-wearing IRS Special Agents show up at your door and haul you to debtor’s prison.

According to Jeff Kahn, principal of the Tax Law Offices of Jeffrey B. Kahn and host of a weekly ESPN radio show that covers tax law and audit-related issues, here are two things to do if you owe the IRS money:

  1. Confirm that the IRS’s math adds up.

This just in: the IRS makes mistakes (and in other breaking news, water is wet, the sun is hot, and sarcasm never goes out of style). As such, start by confirming that the amount that you allegedly owe is indeed correct. Keep in mind that a single missed checkbox on a tax form can result in a deduction being denied.

  1. Minimize penalties and interest.

If you confirm that you do, in fact, owe Uncle Sam some money, and presuming that you cannot pay the full amount by the due date, your next step is to minimize penalties and interest. There are a few options here that may be applicable to your situation, including: asking for an abatement, seeing if you qualify for an installment plan, and seeing if you qualify for an offer-in-compromise (this is basically asking the IRS to settle for less then the amount owed because full payment is unlikely). Keep in mind that the paperwork required for each of these options — especially the offer-in-compromise — is complex, and most people who try the do-it-yourself route get things wrong and have their application or petition rejected.

Some Final Words of Warning

Before wrapping up: be very, very careful when speaking to IRS agents. Once again, I’m not trying to freak anyone out. But facts are facts, and you need to know that speaking with an IRS agent to get more information on your tax situation isn’t the ordinary call center “how can I help you today?” conversation that you’re used to. While you aren’t under oath or giving a deposition, anything you say — including the questions you ask — can and will be used to trigger a deeper examination of your filings (the IRS can go back much further than three years if they suspect fraud or tax evasion). And in extreme cases, your matter might be referred to the IRS’s Criminal Investigation division for potential prosecution.

 

So yes, it’s fine to simply ask ordinary questions (e.g. “where can I find this form?”), but anything else should be handled by your tax attorney — not by your accountant, whose conversations with you and work product isn’t protected by attorney-client privilege.