OKAY, SHOW ME THE MONEY
Wednesday, June 01
Before I get into accounting methods basics today (a subject near to my heart) ... I hope you were able to get in on some Memorial Day activities this past weekend (though I know some business owners are in the thick of things during this commemorative weekend). Each year as I enjoy the backyard...
THE IRS WANTS A SLICE OF THIS…
Wednesday, June 01
Memorial Day always seems to be the mark of the start of summer: school’s out, pools open everywhere, backyard barbecues commence, and wedding season goes full tilt (I’ve got some insight on the tax implications of this coming at you today)... Seems strange that a holiday meant to remember those...
YOU HAVE TO KNOW HOW TO READ THESE…
Monday, May 23
In the arena of not-so-good news, along with so many other things these days, it looks like IRS interest rates have gone up for Quarter 3. Inflationary insults to injury for small business owners. These days are getting tougher. Hang in there. Aside from interest rates, another thing you’re going...
YOU DON’T WANT TO MISS THIS…
Tuesday, May 17
We all have to pay our fair share of taxes. It’s a reality we just can’t escape. But sometimes people try. Missed deadlines or membership in the payment avoidance club are not helpful ways to deal with mounting tax debt. Eventually, we all have to face the music, either voluntarily or at the behe...
FINDING YOUR PROFITS
Tuesday, May 17
As a small business owner, you’re often preoccupied with all the things that go into running your business – the daily logistics, managing employee workflow, paying the bills, bringing in more customers… making a profit. Let’s focus on that last one, shall we? Good. Profits are the lifeblood. And...
BE PREPARED FOR WHEN IT RAINS…
Tuesday, May 17
So, this is the time of year when IRS notices start pouring in. And while the IRS has put a hold on a lot of those, some are still trickling through. And no one likes getting them. The problem right now is that the IRS is still in “treading water” mode as they try to manage a 16+ million return b...