This short article was inspired after talking to one of my clients. This person seemed overwhelmed by, as he described them, “life demands”. He mentioned that at times between the demands from his business and home that he felt that life was hectic. I know that...
Discover Four Benefits of the Safe Harbor Expensing Rules For 2018, you can elect the de-minimis safe harbor to expense assets costing $2,500 or less ($5,000 with audited financial statements or something similar). The term “safe harbor” means that the...
By now you have learned the disturbing news involving the now widely reported Equifax data breach affecting over 143,000,000 consumers. To put the massive size of this breach in perspective, there are about 326,000,000 people in the United States....
During my 20+ years of experience I have concluded that most business ventures fail not because it was a bad idea, but because it was a poorly implemented idea; or there were entrepreneurial mistakes that ended up driving the business into a downward spiral....
Summer is a good time to do some pruning on your business. Now is the time to recharge some of the areas of your business that may have been neglected recently. While you have been able to get away with a few loose ends and haphazard processes, to stay competitive...
One of the oldest and most important notions in Business Finance is the statement that "Cash is King". The purpose of this cliché is to focus examination for a business deal, product decision, or prospective investment on cash flow. This is especially important when...
Are you thinking about starting a new business? Do you know someone is thinking of starting a new business? If so, congratulations. This is very exciting, and I want to make sure you maximize your tax benefits with this new venture. In a recent tax court case (Tizard...