by | Nov 30, 2016 | Accounting & Bookkeeping, Client Question of the Week, Current Affairs, Small Business Owners
Yes, in fact you should have two sets of books. No, not to cheat on your taxes! But a business owner may have one method for tax purposes and a second method for management purposes. For the IRS, most small business owners are eligible to file...
by | Nov 21, 2016 | Accounting & Bookkeeping, Cash Flow, Cost Cutting, Current Affairs, Personal financial planning
Now, more than any time in the past, living on disability or retirement income has become more difficult. Pensions are not keeping up with inflation. Let’s look at some ways that you can help make your income reach a little further. Create your budget and then...
by | Oct 27, 2016 | Accounting & Bookkeeping, Current Affairs, Income Taxes
Every year on April 15th there is a TV news reporter down at the post office showing a rush of taxpayers trying to beat the tax filing deadline. Any experienced tax preparer looks at that scene and just knows that most of these last-minute tax filers are paying...
by | Oct 25, 2016 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Cash Flow, Personal financial planning, Small Business Owners
Sometimes people who seem to have a healthy income find themselves in shock when they realize what they owe at tax time, but the good news is there are a number of tips to help you get your personal finances into shape. More than fifty percent of businesses are...
by | Oct 24, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning
Every year a large percentage of people get tax returns. Some get a lot and some just get a little, but what you choose to do with your return may have a big impact over time. Different individuals have different plans for the return, including going on a shopping...
by | Oct 20, 2016 | Accounting & Bookkeeping, Small Business Owners
Once a business owner grows to the point they need to hire even one employee they are subject to a multitude of rules and regulations. The following are the problems that cause the most problems for new employers: Failure to make timely 941 deposits. The...
