by Steve Perry | Aug 16, 2019 | Small Business Acounting
Most business owners know that if they are going to produce a product or service there are some, identifiable costs of doing business. These include costs of materials, labor, rent and utilities for the building, and marketing. But are these all the...
by Steve Perry | Aug 8, 2019 | Tax Planning
One thing that can be said about life is that it changes constantly. Divorce, death, business closure and many other life changing events happen every day. Many of these events are very emotional. These events also have a hidden potential...
by Steve Perry | Jul 26, 2019 | Small Business Acounting, Tax Planning
What is the difference between tax planning and tax preparation? It really is about timing. Tax preparation is the result of a combination of a year’s work and planning or the lack of planning down during the year. In short, planning is what you do...
by Steve Perry | Jul 19, 2019 | Small Business Acounting
Regardless of the size of the business, certain tasks are required. One of the most important is the basic bookkeeping function. Often small businesses hire outside accounting firms to manage this function, which is wise. These relationships work best when...
by Steve Perry | Jul 12, 2019 | Security
Tax scams are so prolific that the IRS regularly sends tips out about them. This isn’t surprising. One of America’s most notorious bank robbers, Willie Sutton reportedly responded to a reporter’s question about why he robbed banks, “because that’s where...
by Steve Perry | Jul 5, 2019 | Small Business Acounting
I have often encountered the small and growing business owner who needs help but doesn’t want to manage employees. Quite often, the business owner decides to pay workers as contractors and not worry about all the problems inherent in managing payroll. This...
by StevePerry | Jul 3, 2019 | Uncategorized
As a business owner, I am constantly receiving offers to loan me money or sell me the latest solution to a problem they are certain that I have and they can solve, even though they have never met me. This is amazing to me. I see the same thing on...
by Steve Perry | Jun 21, 2019 | Uncategorized
Cyber security is the new buzz phrase we all hear about. There are federal agencies involved in this area. There are military people involved in this very area both in offense and defense. Anyone who is paying attention to the news has heard the...
by Steve Perry | Jun 13, 2019 | Tax Planning
Many of us have heard and read commentary about the TCJA. This is understandable. This was the most significant overhaul of the tax code since the 1981 Economic Recovery Tax Act. Much of the talk is smoke and mirrors with the goal of advancing one...
by Steve Perry | Jun 7, 2019 | Representation
We have all heard the horror stories about what the IRS has done to taxpayers. There are stories of people being thrown out of their homes into the streets. Bank accounts are seized, businesses are shuttered, cars and homes sold to pay the debt. ...
Recent Comments