by | Dec 14, 2010 | Accounting & Bookkeeping, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Small Business Owners, Tax Tip of The Week
As the year comes to a close, investors can still make some moves that will lower your tax hit. The following is a list of the common moves that investors should consider: Trigger your losses before year-end. Capital losses first offset capital gains. So review your...
by | Nov 12, 2010 | Cost Cutting, Income Taxes, Tax Tip of The Week
It's difficult to formulate a year-end plan in the current political environment. Nevertheless, following are seven sensible tax strategies for individual taxpayers in 2010. Caution: Tax rates are scheduled to go up next year, so consider the long-term...
by | Oct 29, 2010 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Personal financial planning, Small Business Owners, Tax Tip of The Week
“You owe $25,000 in taxes!!!” Is the last thing you want to hear your accountant say on April 15th. With new tax law changes and failing to plan, your tax bill can easily equal $25,000 or more!! Tax planning is the best way to avoid steep tax bills and heart stopping...
by | Oct 25, 2010 | Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Small Business Owners, Tax Tip of The Week
For 2010 the maximum write-off for cars in the first year is $11,060. That will fall to around $3,000 in 2011.The limit is higher for new SUVs with loaded weights over 6,000 pounds. If the SUV is put in use this year: Up to $25,000 of the cost can be expensed, half of...
by | Sep 2, 2010 | Cost Cutting, Sales & Marketing, Small Business Owners
While I was thinking of this week’s topic and reviewing past blogs, it came to me; I never told you why you need to market! “Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value...
by | Sep 1, 2010 | Business Profit & Cash Flow Tips, Cash Flow, Cost Cutting, Sales & Marketing, Small Business Owners, Small Business Success Series
In my thirty years of working with small businesses, just about every business owner that I have worked with is surprised at the amount of cash that they are leaving on the table. In tough times, like now, tracking every dollar your business uses and making sure your...