Since I sent out last Tuesday’s blog, I can’t tell you how many messages I’ve gotten from readers and clients about why a CPA would want to discuss seemingly “internal” systems related to my clients’ businesses. Simple – we both want the same thing – your business to be more Read more…
Giving to your church, school, or other 501(c)(3) charity is a noble act no matter how you choose to give. But for the purposes of tax savings, some forms of giving are much more beneficial to you than others. As a business owner, you can use some business strategies to Read more…
If you have employees who travel for your business, would the IRS travel per diem method simplify your recordkeeping and reduce your risk of audit disallowance? The per diem travel reimbursement meets the proof of expense requirements for an accountable plan. This removes audit-disallowance risk and also makes travel reimbursement Read more…
Now that the tax season is nearly in full swing, especially for individuals who work for other companies and have relatively “simple” W-2 based returns, we’re hearing a lot of things from clients. Things like how their tax refunds are going to be used to pay down credit card bills Read more…
I hope you’re having a fantastic first quarter so far (and have managed to keep your Resolutions this far into the New Year) but I have to ask you: What are you doing to make your business easier for you? Now, “easy” is a relative term for a lot of Read more…