by | Dec 15, 2016 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
The myth most business owners believe: Most new small business owners get excited about marketing and sales. They also necessarily concentrate on delivering the product/service and on new product creation. Why this myth causes a problem: When a business owner...
by | Dec 13, 2016 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Income Taxes, Small Business Owners
If you’re like many entrepreneurs and small business owners you probably try to manage most tasks yourself. Sure, maybe you outsource the big jobs like copywriting or graphic design, but you handle all of the “management” tasks. In many cases, that’s just fine....
by | Dec 12, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning
It is always a bit of a challenge with everything going on in your life to keep tax planning in your thoughts throughout the year. The good news is that if you work with an accountant he or she will typically send you newsletters or emails that will help you remember...
by | Dec 7, 2016 | Accounting & Bookkeeping, Cash Flow, Income Taxes, Personal financial planning
Many wage-earning taxpayers with children believe that their tax-planning opportunities are limited because they are not in business or don’t own rental properties. While they don’t have anywhere near as many options, there are still a number of strategies they...
by | Dec 6, 2016 | Accounting & Bookkeeping, Income Taxes, Small Business Owners
Do you have a plan for dealing with all the new taxes affecting business owners in 2016 and 2017? Make no mistake about it—the government is raising taxes to cover its excessive spending, and not managing your income taxes can cost you thousands of dollars per...
by | Dec 5, 2016 | Accounting & Bookkeeping, Books, Income Taxes
Every year millions of taxpayers overpay their income taxes because they failed to take a deduction they were legally allowed to claim. The biggest reasons for missed deductions are not knowing what deductions are available, and having a tax preparer who fails...
