Author Archive
How to (Really) Find A Good Accountant
I’ve noticed there has been quite a lot written about finding a good accountant but most of it tends to generalize rather than offering detailed advice to help consumers base their decisions on. So I will do my best to keep it brief, but I will also aim to provide you [Read More]
Taking a Moment
This week has been a bit crazy here at the firm with the corporate tax extension deadline coming and going yesterday. Regardless of how many newsletters, emails and phone call reminders we send to our clients, there are always a handful who wait until the last minute, yes, [Read More]
Its Here & There Is No Escape: Business Tax Return Deadline Sept. 15
I hate to be the bearer of bad news, but the time for putting off your business tax return is over. But, of course, you’ve already turned in your paperwork to your Accounting professional and you’re all set to go because you know corporate and partnership tax returns [Read More]
Cash for Clunkers Demystified!
I am sure everyone has driven by the car lots lately and noticed an old car placed in a huge trash dumpster. Leave it to creative car dealerships to advertise the Case for Clunkers program. Everyone knows that the government is giving away money just to replace an old car [Read More]
Employee or Contractor, Which Will It Be?
Last time we went over some of the tax differences between employees and independent contractors and why it’s important to choose carefully. Today I want to discuss the method used to classify a worker as either an employee or independent contractor in an attempt to help [Read More]
Starting Your Own Business: Choosing Your (Tax) Words Carefully
“Small businesses create most of the nation’s new jobs, employ about half of the nation’s private sector work force, and provide half of the nation’s nonfarm, private real gross domestic product (GDP), as well a s a significant share of innovations.” -SBA 2008 [Read More]
So You Thought Your Home Foreclosure Was the End of Your Troubles, Huh? ( Part 2)
Last week we talked about homeowner cancellation of debt tax issues. This week we’re going to talk about another tax consequence related specifically to home foreclosures. Did you know that the tax code treats losing a home to foreclosure as a sale and may result in a [Read More]
So You Thought Your Home Foreclosure Was the End of Your Troubles, Huh? ( Part 1)
With unemployment rates Nationwide reaching 9.7% in June 2009, and here in Tampa bay area topping the charts this month at 10.4%, in combination with a dismal housing market many homeowners are facing the grim reality of being stuck between the proverbial rock and a hard [Read More]
Singin’ the AR Blues (Part 3) Collecting Past Due Invoices-The Last Stand
You’ve made the phone calls, sent the emails, set up payment plans and have been checking your mail box every day for the payment your client has been promising you. Don’t give up just yet on collecting what is owed to you! You have one final course of action at your [Read More]
Singin’ the AR Blues (Part 3) Collecting Past Due Invoices
So now that you have set up new AR policies what is to be done about the business’s that already owe you money? Well, now is the time you have to become resolute in your mission to preserve your business and take action to collect the debt owed to you. I won’t tell you [Read More]