by | Sep 17, 2011 | Current Affairs, Sales & Marketing, Small Business Owners, Small Business Success Series
One of the problems with growing your business is that it becomes harder and harder to keep that personal touch. This is a problem that I have been worried about for the last five years. The personal touch is what helped me grow my business. It is a large reason we...
by | Sep 14, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Current Affairs, Sales & Marketing, Small Business Owners, Web/Tech, Weblogs
I know we have done SEVERAL blogs about social media, but we can’t stress it enough! Many studies have shown the effectiveness of social branding and how it really does work in increasing brand loyalty and sales! Keeping an active social network presence does take...
by | Sep 9, 2011 | Accounting & Bookkeeping, Books, Business Profit & Cash Flow Tips, Current Affairs, Income Taxes, Small Business Owners
The short answer is, maybe. Okay, I know that’s not very helpful. The basic rule is you must collect and pay sales taxes on goods or services in the state you sell the product or provide the services. Since my client lives in Texas, they would owe sales tax for any...
by | Sep 7, 2011 | Accounting & Bookkeeping, Cash Flow, Current Affairs, Income Taxes, Tax Tip of The Week
The following is a list of tax breaks that are scheduled to expire at the end of this year: The 2 percent cut to the employee share of social security tax. College tuition write-offs. The $250 write-off of teacher supplies. The write-off of state sales tax. The 100...
by | Aug 30, 2011 | Current Affairs, Income Taxes, Tax Tip of The Week
Married taxpayers have many benefits when filing a joint tax return. But joint filing comes with a catch. Each spouse is liable, jointly and separately, for any tax, interest, and penalties related to the return. This liability exists even after a divorce. This...
by | Aug 8, 2011 | Current Affairs, Income Taxes, Tax Tip of The Week
In this economy it is not unusual for a taxpayer’s debt to be forgiven or just written off. In general, cancelled debt that the taxpayer was personally liable for is taxable. But, there are the following exceptions where cancelled debt is not taxable: Cancelled debt...