Tax Planning: Section 179 Expense
Tax Planning Section 179 Expense Section 179 allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during ...
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Budgeting: A Financial Road Map to Making Smarter Business Decisions
Budgeting: A Financial Road Map to making Smarter Business Decisions Understanding and pro-actively managing your business finances is more important now than ever. Two of ...
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Executing a Numbers Based Strategy
In our previous session, we talked about implementing a budget and putting together a strategic plan. From there, it is all about executing that plan ...
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The Value of Being an S Corporation
The benefit of being an S Corporation is it reduces your Self Employment Tax. The Self Employment Tax is the 15.3% that you as a ...
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Do You Pay Taxes When You Take an Income Distribution?
All business owners face an interesting challenge: how to take profits out of the company and pay the least amount of taxes in the process. ...
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Key Performance Indicators to Increase Profits & Cash Flow
KPIs to Increase Profits & Cash Flow Part 1 Below is an illustration of the ABC Company whose Cost of Goods Sold rose from ...
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3 Tips to Successful Onboarding With Your Accountant
When it’s time to bring a new accountant onto your team, follow these three guidelines to foster a smooth onboarding process. 1. Monthly Cash Flow ...
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As a Business Owner, How Do I Pay Myself?
The method by which you get money out of your business depends on the type of entity you are registered as with the IRS. Here, ...
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Building Your Accounting Team
For your business’ accounting needs, knowing what services you need and how to set up your operational systems is the foundation of receiving accurate and ...
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