Small and medium-sized businesses often view accounting and bookkeeping as a necessary evil. Even innovative business owners might not realize their accounting technology needs a serious overhaul. SALY (Same as last year) won’t allow you to make decisions necessary to move towards success. If you answer no to any of these 3 questions, then it’s…
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A number of years ago I had my purse and wallet stolen. If you’ve ever experienced a theft like this, you’re familiar with the flood of unnerving thoughts that seen to haunt you for a while. Will the person misuse my identity? What risks does this now expose me to? A few months ago I wrote…
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I recently attended a class held by the IRS which focused on many issues that we face as taxpayers and practitioners but the most alarming was the current epidemic, Identity Theft, and identity theft scams. The Federal Trade Commission (FTC) estimates that as many as 9 million Americans have their identities stolen each year. It’s…
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It’s Monday—Back to Business! Growing a business can be stressful, but you don’t have to stay in a constant state of growing pains. There are a few ways to take your company to the “next level” but most of them require using more of your resources. Instead of spending more to earn more, my suggestion…
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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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Moving houses can be an extremely chaotic, time-consuming experience to say the least. Usually, we’re worried about moving the furniture and switching our cable providers. So, what else is there left to do? You need to let the IRS know that you moved houses and complete an IRS change of address form. First of all,…
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