If you’ve been in business a while you’ve almost certainly encountered GAAP accounting. It’s the standard way entrepreneurs have been crunching the numbers for their businesses for nearly the past 100 years.
Profit & Tax Blog
Use Financial Information to Increase Your Business Profits
Discover how to use financial information to increase your business profits.
The Survival Trap That Keeps Your Service Business Stuck
Running your service business and making decisions based on the number in your bank account leads to a lot of problems. Find out how to avoid the survival trap.
Make Your Business Meetings Worth the Time
Are your business meetings dull, uninspiring, and inefficient? Do they drain morale, waste time, and focus on the past?
Should You Choose a Friend to be Your Business Partner?
Planning to start a service industry business partnership with a friend? Here are some questions to ask.
The 3 Rules of Cash Flow
To keep your business solvent through the COVID-19 pandemic, stay focused on the 3 rules of cash flow for your business. Discover them here.
Beware: COVID-19 Tax Scams are Here
The IRS is warning you to be on the lookout for tax scams, including a surge of calls and e-mail phishing attempts related to the Coronavirus pandemic and the one-time economic impact payment.
Tax Strategies to Consider During the Pandemic That Will Save You Money
Within the Coronavirus pandemic, there are tax planning opportunities. Here are a few to consider.
Get Your Money: Ensure You Receive a Stimulus PaymentCoronavirus, COVID19, tax changes, Tax Coach, tax planning
The IRS recently announced the launch of web sites for non-tax filers to register to receive their economic impact payment and a new Get My Payment tool. Here is what you need to know.
Key Coronavirus Tax Changes – What Every Taxpayer Should Know
With the tax filing delay and stimulus payments getting the headlines, lost in this media noise are other changes that could impact you and your family. Here are some of the other major announcements.