Research, Research & Research – And Adapt This list of companies is quite impressive: Blockbuster Video, Xerox, Kodak, U.S. Steel, Polaroid, Borders Books, Sears, Pan-Am, Hummer, Blackberry, … [Read more...] about Customer Needs Analysis
Business Strategies
Phony Email Targets Small Business Owners
Phony Email Targets Small Business Owners Warning by Better Business Bureau (BBB) Small business owners are always looking for new business leads. The BBB warned business owners to be wary of scam … [Read more...] about Phony Email Targets Small Business Owners
Husband and Wife LLC?
We recently spoke to a new business owner (not a client) and he told us that he had formed a single member LLC (SMLLC) that was owned by him and his spouse. We informed him that a “single” member LLC … [Read more...] about Husband and Wife LLC?
ANNUAL PHYSICAL INVENTORY REQUIREMENT
When working with clients on tax preparation and tax planning, one of our focuses is to minimize the likelihood of an Internal Revenue Service (IRS) audit. It is surprising how many business owners do … [Read more...] about ANNUAL PHYSICAL INVENTORY REQUIREMENT
INVESTING IN REAL ESTATE – HAVE YOU DONE YOUR DUE DILIGENCE?
Every year we learn that a client or two has invested in rental real estate when sending us his tax information to prepare his personal tax returns. Rather than consulting with his tax professional … [Read more...] about INVESTING IN REAL ESTATE – HAVE YOU DONE YOUR DUE DILIGENCE?
EMPLOYEE OR INDEPENDENT CONTRACTOR?
If you are an employer who believes that you determine whether someone who works for you is an employee or an independent contractor, you are mistaken! How many times have we heard an employer say … [Read more...] about EMPLOYEE OR INDEPENDENT CONTRACTOR?