Educating Business Owners about Tax Deductions.
RECOMMENDED Cash Flow Strategy
How do I know what I can afford? I want to hire an assistant but can I afford that? I want to expand my services to another County but can I afford that? Have I set aside enough cash to cover my taxes? THESE are the questions I was faced with both for myself as a...
Tax filing deadline is 12 days away – dont miss the deadline
The tax filing deadline is just 12 days away. Have you reviewed your tax return? Will you be filing on time or going on extension? If you have not yet reviewed your tax return, looked at every number and every check box then NOW is the time to do it. Every year the...
In the market for a new car? Wanting the $7,500 tax credit?
Make sure you read the fine print on this tax credit BEFORE you buy a car! The Internal Revenue Service today issued a proposed regulation related to certain requirements that must be met for the new clean vehicle credit. The Inflation Reduction Act (IRA) allows a...
Learning the REAL DEAL about taxes
There is so much misinformation on the web about income taxes and income tax deductions. My passion and my purpose is to help business owners find the REAL DEAL. I love to guest on podcasts, I blog and I speak on stages across the US. My website is full of free and...
A Tax Bill you Cant Afford to Pay
Don't panic! Don't avoid the balance due. Don't use a credit card to pay taxes. There are several solutions for resolving a tax bill that you dont have the cash to pay in full. Start with a review of your tax return in detail with a professional and make sure that...
IRS warns of NEW SCAMS
Today the IRS is warning us about a NEW SCAM. This new scam involved your online account are available at the IRS website. Setting up and using your online account helps avoid long and often frustrating phone calls to the IRS. Within your online account you can check...
Marketing Dollars – have you checked your ROI?
I met with three successful fee only financial advisors last week and each one was spending more than 30% of their revenue on Marketing. I was blown away. Their business coaches are pushing them to grow their revenue. I get it. Makes sense but let's look at how we...
FOCUS on Profit to build our Wealth
Planning your summer vacation? No! Why? Stressed about money, cash flow? Hmnnn, perhaps you have spent your time focused on growing your REVENUE and not your PROFIT. Don't feel badly, I have done this myself as have many successful business owners but the time comes...
Avoid Penalties and Interest – Pay your Taxes ONLINE
With the tax deadline approaching, the IRS reminded taxpayers they can avoid late filing and interest penalties by submitting their tax return and any payments due by April 18. Interest and a late payment penalty will apply to any payments made after April 18. Making...
Frustrated and Confused? Not getting straight answers?
Frustrated and Confused? Not getting straight answers from your accountant? Yes, I hear this a LOT and that is why I am now committed to helping business owners go from frustrated and confused to clarity and confidence. In 25 years as a CPA and running my own firm for...