The Benefits of Setting Standards for Business Performance
Intro – What are Standards?
This may be a dry or dull topic for many – The Benefits of Setting [...]
For Transport & Logistics Providers – An Overview
I was given a suggestion a few weeks ago to write some articles, centered around these topics (Accounting and Bookkeeping, Financing, Operational and Tax considerations) focused toward those [...]
Don’t Treat Your Business Like an ATM
One of the more challenging conversations I’ve had with some of my Clients concerns the implications to their business if they treat their Business like an ATM.
Aside from taking a [...]
Tax Debt Representation
Simply put, if you have tax debt and/or have been notified by the IRS, you need tax debt representation.
Let’s face it. If you have tax debt with the IRS, the situation is unnerving and [...]
Potential IRS Red Flags
No Accounting or Tax Blog would be complete without an article or link to an article concerning potential IRS red flags that increase the risks of an Audit or Examination.
Nothing [...]
Customer Profitability – The Cost of Carrying Difficult/Bad Customers – Some Examples
If you have difficult customers or clients that routinely give your business a hard time, do you quantify the cost of continuing this relationship and include this in a measure of customer [...]
September 2020: Stock & Debt Basis Overview with Examples and Planning Tips for Partners and (S-Corp.) Shareholders
Building on my August 2020 newsletter, I want to tackle a tax topic specific to Partners (Partnerships) and Shareholders in S-Corporations, namely, Stock and Debt [...]
Newsletter – Entities; Deductions, and Pricing
August 2020 Newsletter – Entities; Deductions, and Pricing
An old proverb once stated, “May you live in interesting times.” But interesting is not how I [...]
Financial Concepts And Your Small Business
The importance of grasping and having a solid foundation of financial concepts relative to your small business is extremely important.
Accuracy in Accounting & Bookkeeping – Consequences to Small Business
Accuracy in Accounting & Bookkeeping
Accuracy in Accounting and Bookkeeping, matters and the (negative) [...]