What would you do if you arrived at the office and you found files all over the floor and computers missing? The first call you would make is to the police, but as you wait for the police to arrive you realize you have client information missing. Your thought –...
Preparing for the future of your business will mean having a strategic plan. This kind of forethought may save you a lot of trouble as you continue on your business journey. You already know that there will be good times and challenges along the way. Being prepared...
When you are a small business manager or owner you will need to learn the skills of delegation in order to grow. Maybe you think, “If I want it done right, I have to do it myself”. If so, you will find growth to be very difficult. Delegation is a discipline you will...
For many individuals, an income tax refund may be one of the biggest single amounts of cash received for the entire year. Don’t be tempted to spend your refund frivolously. There are many ways you can use your refund to further your long-term financial objectives. You...
Did you register to receive social security benefits last year? If so, you may have questions about how that income is taxed on your federal income tax return. Here’s the bright side. The formula remains the same as prior years. Unfortunately, the thresholds for...
Target customers change as your business grows. The ideal customer of the past now costs you too much time for the resources at hand. In order to become more profitable, you decide to create a new marketing strategy to focus on your “new” ideal customer. Great idea!...
When you get into business with a partner, you also need to plan how to proceed when you, or your partner, want to get out of the business. It will happen one day. The buy-sell agreement will outline the circumstances under which an ownership transfer can be initiated...
Taxpayers are being warned by the Treasury Inspector General for Taxpayer Administration (TIGTA) about a group of tax scams that has proven to be extremely aggressive, very widespread, and extremely relentless. Callers claim to be IRS employees, and they tell their...
Article borrowed from LJI Wealth Management’s newsletter – We hope this finds you well. Last month, we outlined several year-end tax moves that could make a difference when you file your 2014 taxes by April. Along with delivering this month’s LJI Newsletter,...
ObamaCare and It’s Impact On Taxes It has been nearly five years since the controversial Patient Protection and Affordable Care Act, or as it is more commonly known, “ObamaCare,” was signed into law by President Obama after narrowly passing the House and Senate. Yet...
