Please read this article to protect yourself from IRS impersonation scams. Even if you think you would never be vulnerable to these attacks, be aware that the current scammers (posing as the IRS) are incredibly convincing and intimidating and no one is immune to their tactics. The scammer will make it feel impossible to ignore…
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Marketing professional services are literally marketing someone’s intellectual property, or, as I often say jokingly—I market our experts’ brains. But sometimes business owners misunderstand marketing to be simply brochures and advertising. It’s understandable that there is push-back to implement that type of program because the ROI just isn’t there. So then, what is marketing professional…
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“Step up basis” is an important concept for real estate investment and both new real estate investors and those seasoned in the industry. While it may sound like technical accounting jargon, understanding the mechanics can give you an edge when analyzing the economic and tax impacts of a potential real estate deal. Basis For Real…
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It’s Monday – Back to Business. If you’re thinking about hiring an accountant, consider the types of professionals that are out there. Everything a company does or does not do translates into either a dollar or lack thereof. If you’re in the process of hiring internal accounting staff understanding the level of skill you’re getting will be…
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Business is fluid. A lot like water in a river, it is constantly flowing and transforming over time. To be successful long-term, you must adapt to the new things your industry brings you. Examples of change in business could be: new technology (point of sale systems in retail), industry trends (price bubbles in real estate), or unanticipated events (loss…
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It’s Monday – Back to Business. Did you prepare for your vendor negotiation meeting? Something as simple as a vendor contract or customer terms can significantly impact your profits. If you haven’t mastered this art, consider the following tips before going into a meeting where you need to make a deal: 1. Body Language Be aware of…
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