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Stay Connected with the Thomas J. Hoover, CPA & Company Newsletter!

posted Aug 3, 2017, 1:51 PM by Barb Bowers   [ updated Oct 10, 2017, 9:47 AM ]

Stay connected with Thomas J. Hoover, CPA & Company by subscribing to our quarterly newsletter! Whether a seasoned or potential client, the Thomas J. Hoover CPA & Company Newsletter will feature informative and useful information. Don't believe us? Check out our latest edition below! 

Want to get this useful information delivered right to your inbox? Just email cpa@hoovco.com and you will be added to the mailing list!

Get Ready for the End of the Year with Our Year-End Checklist

posted Dec 8, 2014, 10:12 AM by Deanna Breckenridge   [ updated Aug 3, 2017, 2:13 PM by Barb Bowers ]

  
1. Review your spending patterns now while it's fresh in your mind, and plan ahead for large purchases for next year.

2. Calculate your net worth by adding up what you own (home, car, savings, investments, personal property), and subtract what you owe (mortgage, loans, credit cards). Your net worth should increase each year. If not, there may be a problem that should be fixed.  Contact our office if you need help.

3. Beware of credit card usage. If you can't pay your balance in full each month, it is time to cut back on your spending.  Before you use a credit card, ask yourself if you really need it.

4. Create an emergency fund. Pay yourself first. The fund should be able to cover a minimum of four months worth of living expenses.

5. Contribute to a retirement account. Your future should be a priority, so determine how much to save on a monthly basis. Then talk to your financial adviser to determine how much you will need when you retire.

We advise you to utilize the checklist to help you stay on the right financial path. If you need assistance on any of these items, we are here to help.

The Top Misconception About Certified Public Accountants

posted Nov 11, 2014, 10:39 AM by Deanna Breckenridge   [ updated Aug 3, 2017, 2:11 PM by Barb Bowers ]

"They only prepare tax returns."

A large part of our services include tax services such as tax planning and preparation for individuals, businesses and trusts. However, we are also qualified in helping manage your unique personal or business financial challenges and goals. For example, you may need help deciding if you are financially prepared to purchase your first home, or whether to lease or buy equipment for your business. We are here to answer these types of questions.

At Thomas J. Hoover, CPA & Company, if we don't have the answers to your questions, we can point you in the right direction! In addition to helping you with tax planning and preparation, we can also help you get on the right path with the many wonderful contacts we have made over the past 30 years with local attorneys and financial planners who would be happy to assist you.

We want you to know that we are here to help you! If you need additional expertise in an area, we can be the intermediary for you to make that connection which will in turn help you meet your personal and business financial goals.

Our Sheffield Village Location

posted Oct 14, 2009, 11:16 PM by Deanna Breckenridge   [ updated Aug 3, 2017, 2:14 PM by Barb Bowers ]

Don't know where we are located? 
Thomas J. Hoover, CPA & Company is located at 
5445 Detroit Road, Suite 202    
Sheffield, Ohio 44054   




Click here for directions to the Office

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