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…
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…
Want to get those little ones ready for retirement early? This is a great way to get a deduction for your business but also start that retirement process early for your children / grandchildren.
By Guest Blogger, Sheri Nordstrom-Scott of Pelleton Capital Management Contact her for more info at 480-513-1830 Here's some easy ways to help in detouring identity theft! 1) Consider signing up for a credit monitoring service. One example is Life Lock,…
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…
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…
COGS - do you know what this stands for? COGS stands for cost of goods sold. What this means to your business is really a question for you. Do you understand what it really costs to sell whatever your item…
So, did the title catch your attention? Our first deadly sin is the sin of sloppy accounting. I know, I know not nearly as exciting as the actual seven deadly sins but what you do, I'm a CPA! So, how…
There's a big issue out there these days. I've seen many companies that do not have or do not have an updated operating agreement. The big question is, do you even know what an operating agreement is? An operating agreement…
Here are some of my top 10 tips to help you become profitable in this new 2012 year. Identify your core clients. These are the clients that always pay you, always pay on time, you love working with. Anyone who's…
A very good friend of mine, and a local CPA, Robert Minniti is a specialist in accounting, fraud and forensic accounting, and is a certified fraud examiner and a certified forensic accountant. Basically meaning he is an absolute specialist in…
Did you know that for a small business there is a loss potential of approximately $387,000 from fraudulent disbursements of cash? What's even scarier, did you know this happens in 73% of all businesses? In order to protect yourself as…
This year's market has definitely been interesting to say the least. Homes have been bought, sold, flipped, and rented. Wholesalers and retailers and just about everything else under the sun has had to do with real estate has been at…
I always seem to get this question at the end of the year. How do I go about maxing out my retirement contributions? The best way to do this is to start at the beginning of the year. Depending on…
