Posts Tagged ‘Records’
My CPA Should Have Told Me That!
CPA’s provide a valuable service. However, you can’t expect them to read your mind, tell you what is wrong with your business, or give you opinions about your business. Some are great business consultants along with their tax knowledge.
Read More You Inherited the Family Business—Now What?
The baton is passed; the papers are signed; the nameplate on the door has been changed. The family business is now your business, and what you do with it over the next few months will help chart its course for generations to come.
Read More Using an Employee Handbook to Define Company Policies
An effective employee handbook that lays out all of your company policies can be a great benefit to your small business. Although there’s no kind of legal requirement forcing you to develop a handbook for your small business, experts have found that companies with a handbook that spells out the company’s rules, policies, and procedures have a more productive workplace.
Read More 5 Steps to Startup Compliance
The last thing a small business owner needs is problems with a government agency. There are three kinds of rules and regulations that businesses must follow.
Read More 7 Easy Clues Your Financial Statements Are Wrong
As an owner or manager, your responsibility is to review accurate financial statements on a timely basis. This allows you to make good business decisions and spot minor issues before they become major crises. Here are seven easy-to-spot things to look for when analyzing your financial statements.
Read More Watch Out for Indirect Tax Audit Triggers
Your odds of facing an indirect tax audit are actually higher than the odds of IRS small business tax audits. That’s because while the IRS audits 2–12% of the tax returns filed with the agency every year, some states audit up to 20% of the business sales tax reports filed each year.
Read More How to Tame the Piles of Paperwork
One minute the office is tidy, organized, and everything has its place. The next, the paper starts piling up, folders are bursting with documents that you probably don’t even need, and the thought of sorting through it is a daunting nightmare.
Read More Do You Owe the IRS a Quarterly Tax Payment August 15?
This weekend, more than a few small business owners will be scrambling to pull together the documents and information they need to meet the IRS deadline that’s coming up in just six days. Yes, there’s a tax deadline for quarterly taxes due to most states and the IRS on August 15.
Read More 5 Startup Legal Shortcuts That Can Be Expensive
Although every startup is unique, there are certain common avoidable mistakes that can lead to legal complications that jeopardize the long-term success of the business. I’m not suggesting that every startup needs a lawyer, but you should definitely pay attention, and not be afraid to consult legal counsel if any of these raise qualms for you.
Read More Measuring Your Power in the Internet Marketplace
There are a number of key performance indicators that help new generation company management see more clearly their progress and corporate health. Here are some of these measures, and how to calculate them. You will recognize the value of these for any business, even if they have not been in common use in the past.
Read More