Use social media envy to your advantage

According to a survey by the American Institute of Certified Public Accountants (AICPA), seeing purchases your friends post on social media can leave you envious – and might also foster a desire to buy a similar item. Instead of spending money on an item you may not need, consider this tip from the AICPA: Transfer the amount you planned to spend to a savings account. Posting your smart financial decision to social media is not required.

Gilliland & Associates, PC is a full-service CPA firm specializing in tax planning for individuals and businesses in the Northern Virginia area. We are based in Falls Church, VA and also service clients in McLean and Tysons Corner, VA. Gilliland & Associates is known for our superior knowledge and aggressive interpretation and application of tax laws. We help you keep more of your earnings by finding you the lowest possible tax on your business or personal tax return. You can connect with us on Google+, LinkedIn, Facebook, and Twitter.