by | Dec 11, 2017 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Cash Flow, Cost Cutting, Income Taxes, Small Business Owners
As a small business owner or an entrepreneur, you may be used to doing everything on your own to save money. However, when it comes to financial issues, an accountant is an important professional to have on your team. The simple fact is that a small business...
by | Dec 8, 2017 | Cash Flow, Cost Cutting, Current Affairs, Personal financial planning
Retirement is upon you or coming up pretty fast and one of the things your accountant might have told you is that now is the time for you to downsize. While moving into a smaller house might seem to make sense now that the kids are all grown and gone, but like...
by | Dec 4, 2017 | Accounting & Bookkeeping, Cost Cutting, Income Taxes, Personal financial planning, Small Business Owners, Tax Tip of The Week
Although it isn’t close to tax season yet, it is really never too early to start thinking about your options. As people try to save money and do things on their own they may be tempted to try out the different tax preparation software on the market today and save some...
by | Nov 21, 2017 | Accounting & Bookkeeping, Cost Cutting, Small Business Owners
Let me share a story… I work for a large insurance firm in the northwest, in an office with over 500 other employees. Management recently decided to replace our existing phone system as the old system was no longer meeting our needs. I and my...
by | Nov 1, 2017 | Accounting & Bookkeeping, Books, Cost Cutting, Small Business Owners, Tax Tip of The Week
The fair market value of property or services received in barter is taxable. But, it may not result in an increase in taxable income based on how what you received is used. As an example, we trade accounting and tax services with an office supply company. We must...
by | Oct 23, 2017 | Business Profit & Cash Flow Tips, Cost Cutting, Small Business Owners
Budgeting is a tool for dealing with the future. It helps you turn expectations into reality. In its simplest form, a budget is a detailed plan for future receipts and expenses. As the budgeted period progresses, you should compare actual results...
