by | Jan 12, 2018 | Accounting & Bookkeeping, Cost Cutting, Income Taxes, Small Business Owners
If you have any expenses for businesses not covered by your employer, you may be able to file the IRS Form 2106 that allows you to make these deductions on your taxes. It is important to remember that this form is only used if you are an employee, not if you are a...
by | Jan 10, 2018 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Cash Flow, Income Taxes, Personal financial planning, Small Business Owners
It is never too early to start organizing for tax time. If you have a desk, box or simply a folder full of receipts and tax forms, you can develop easy organizational practices or habits to make your life easier and to help your accountant when you actually go to...
by | Jan 8, 2018 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Cash Flow, Cost Cutting, Current Affairs, Income Taxes
Most New Year’s Resolutions fail by the time February and March approach, if not sooner. If you were to ask all of your friends about their New Year's Resolutions, you would probably find that three seem to occur more often than anything else. You may have already...
by | Jan 3, 2018 | Accounting & Bookkeeping, Cost Cutting, Current Affairs, Income Taxes, Personal financial planning
While going back to school is an investment in your future or the future of your children, it isn't always an easy option when it comes to your finances. The good news is that there are some tax breaks that students attending college or university can claim. These...
by | Jan 1, 2018 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Cash Flow, Current Affairs, Income Taxes
If you are like most people, you have a lot of very good and very well-intended ideas about maximizing your savings and building up an emergency fund for 2018. However, you may also find that at the end of the month there never seems to be any extra money to add to...
by | Dec 27, 2017 | Accounting & Bookkeeping, Cash Flow, Income Taxes, Personal financial planning, Small Business Owners
In my 30+ years working with small business owners, I have found there are two main reasons that a business ends up struggling to survive. The first is a failure to understand that everything the owner hates or is going wrong in their business, they...