by Wayne Belisle | Jun 27, 2022 | Personal financial planning, Small Business Owners
As a business owner, you may have introduced the concept of credit terms in order to increase sales of some of your high-ticket products and services. After all, the prospect of ‘buy now, pay later’ can be appealing to an interested customer. Here’s the problem that...
by | Feb 10, 2020 | Personal financial planning
In this video I discuss why social security is taxable and how to reduce the taxes on your benefits. A portion of your Social Security benefits is taxed as income if your income is above a baseamount based on your filing status. The formula is confusing, and I won’t...
by | Jan 27, 2020 | Personal financial planning
Smartphones and their myriad of apps are revolutionizing business once again. It is becoming more common to see customers at a cash register pull out their phone and use it to pay rather than using cash, debit cards, or credit cards. Mobile programs are relatively...
by | Feb 2, 2018 | Accounting & Bookkeeping, Income Taxes, Personal financial planning, Small Business Owners
It is always a bit of a challenge with everything going on in your life to keep tax planning in your thoughts throughout the year. The good news is that if you work with an accountant he or she will typically send you newsletters or emails that will help you remember...
by | Jan 29, 2018 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Cash Flow, Cost Cutting, Income Taxes, Personal financial planning, Small Business Owners
Working with an accountant is a great way to help proactively and positively plan for your financial future as well as budget on a yearly basis. Too often, individuals see accountants as only necessary for the wealthy or only professionals that you need to see...
by | Jan 26, 2018 | Accounting & Bookkeeping, Cost Cutting, Income Taxes, Other, Personal financial planning, Small Business Owners
The vast majority of people only see their accountant once a year, and that is typically between New Years and April when they are turning in their tax documentation for filing. While preparing and filing your taxes is an important part of what your accountant...
