I absolutely LOVE this blog from Scott Dinsmore--check this out! By Scott Dinsmore who is the founder of Live Your Legend 11 Simple Ways to Connect with the People Who Make Failure Impossible 1. Know the impact you want to…
I really enjoyed these tips from accounting firm Blum & Shapiro on Accounting Today! Read the Full article here! 1. The 2013 Tax Season Is Closer than You Think Industry experts generally agree that proper tax planning takes an average…
I came across a great article in Accounting Today and wanted to share it! Check this out! It may feel like you’ve just closed the book on the 2012 tax season and planning for 2013 is far off, but the…
Thanks again to Matt Wilson of Employee Financial Boot Camp for compiling and analyzing these IRS stats and helping us to demystify who really pays taxes in the USA! Every quarter, the Statistics of Income Division of the Internal Revenue…
I recently read this article and found it to be a great recap of avoiding common mistakes when planning for your retirement. Hat tip to financial planner Matt Wilson of Employee Financial Boot Camp for these suggestions! Here's what I pulled…
Expanded relief is coming for those who are living abroad who owe less than $1500 in US taxes and have not filed their tax forms or their foreign account disclosure forms.
The IRS warns that next years refunds may be delayed due to the recent theft of many SSNs from various organizations in the US. Be aware that your refund may be delayed if one of these Tax Fraudsters files a…
Remember that you can only deduct expenses that were not eligible for reimbursement by your employer under this section of your return. If you didn't turn in your expense report on time, there is no deduction!
Here's some tips from Forbes magazine on how to make your favorite hobby tax deductible! Do it full-time. The IRS is more likely to query writing off a “hobby” against income from your regular job. If you work 40 hours a…
Medical AGI cap rate is going up to 10%; make sure you get your medical expenses deductible and in the 2012 tax year!
By Allan Himmelstein A while back I had the opportunity of listening to Harvey MacKay speak. He is the author of 6 books, the most famous of which is “How to Swim with the Sharks”. He is a tremendous motivational…
You spend all this money creating a business, growing the business, investing in the business, investing your people, everything down to even buying the staplers. How have you actually branded your business? Poor branding is one of the most negative…
Have you ever had the scenario where you expected something to go one way, but then it when a completely different way? This is what is considered lack of controls and the company. Lack of controls can cause serious damage…
Lack of standards. Many times, when you open a business, you are so busy just working on getting that would you out the door that you forget what it's like to be the customer. You forget what it is…
Okay, so now they've hired someone, you've realized that they shouldn't be there. What an awful feeling. Unfortunately, you are the business owner. You need to make the decision to do what is right for the rest of your people…
