Finance
The Ultimate Guide to IRS Tax Audits & How to Avoid an Audit
Most people cringe when they hear the word audit. Going through the ropes and ultimately resolving an audit is no fun and could be costly, so it’s important to determine a plan of action to avoid…
A CPA’s Real Job
CPAs think their important job is to complete and file clients’ taxes during tax season. If you’re a CPA or bookkeeper, the most important job is to help your clients build profitability, cash flow and…
Lessons from Inside a Shark Tank
In a few days, I get the opportunity to swim with the sharks—sort of. I will be sharing the stage with three of the stars who have helped make the TV show Shark Tank—where entrepreneur-contestants pitch…
2016 Tax Law Changes You Need to Know About
After the giant ball drops in Times Square to signify a new year, the IRS is notorious for making some adjustments to the federal tax code. Some years have brought significant change, while other years…
1099 Filing Date Just Around the Corner
If you operate a business and engage the services of an individual (independent contractor) other than one who meets the definition of an employee and you pay him or her $600 or more for the…
Do You Offer Customer Friendly Prices?
Do you offer customer-friendly pricing? Or, are your customers surprised to find that fees, surcharges or other costs have been added to their bill and that their total cost is more than they expected? When…
4 Warning Signs That Your Small Business Needs an Accountant
Sooner or later, your business will need to take that all-important step from financial self-management to bringing in some expert help. Many business owners choose to do their own accounts for as long as possible,…
Does Credit Monitoring Truly Prevent Identity Theft? What You Need to Know
The problem of identity theft is a very real one. More than 10,000 identity fraud rings are estimated to be operating in the United States alone. Not surprisingly, identity theft has been the most dominant…
Building a Million Dollar Business
Reaching the one-million-dollar mark in your small business is a huge milestone for an entrepreneur. The question is, how do you get your startup business to that million-dollar goal? It’s tough, but it’s absolutely possible,…
A Small Business Pricing Perspective: Higher is Better
To get a perspective on small business pricing, let’s first take imaginary strolls through the aisles of two retailers: Walmart and Saks Fifth Avenue. Both are leaders in their markets, so this isn’t a criticism…