This article discusses what it is like to be in charge of making important decisions when it comes to day-to-day operations in a business. Topics such as risk tolerance, risk appetite, and insurance programs are all outlined in great detail. No...
More InfoDelivering Excellent Customer Service
In the business world, there is a bar that individuals must meet or exceed in terms of customer service. No matter how difficult the customer may be, claiming yourself as a professional implies that you hold yourself to a gold standard in the...
More InfoThe Rise and Fall of Family Business
This article highlights the work of Professor John Davis, who has been studying family enterprises and how they work since the 1970s. For example, he mentions how family businesses have natural strengths such as passion and persistence. However...
More InfoAccounting Mistakes that Cost Small Businesses Significant Growth
Although intended for small business owners, this article discusses accounting mistakes that can hinder growth in your business no matter the size. First and foremost, failing to hire the right CPA can immediately put a cap on the amount your...
More InfoHelpful Tips for Family Business
This article discusses 30 family business truths that may be hard to swallow but can change the way your business operates on a day to day basis. For example, a high trust culture can be imperative when dealing with sticky situations in the...
More InfoStill Dealing with 2019 in QBO? Clearing the Way for 2020
It would be great if you could have closed out 2019 knowing that you were all caught up with your accounting work. You sent all your invoices, paid all your bills, and wrapped everything up with a series of reports and a proverbial bow...
More InfoIs Your Will or Trust Up-to-Date?
When was the last time you or your attorney reviewed or updated your will or trust? If it was before the passage of the 2017 tax reform legislation, or the Tax Cuts and Jobs Act (TCJA), your documents may be out of date. Among the many changes in...
More InfoUnderstanding Your Annual Social Security Letter
If you are receiving Social Security, then you have just recently received your annual letter from the Social Security Administration letting you know that your Social Security benefits for 2020 have increased by 1.6 percent as a result of a rise...
More InfoThe 1099-MISC Filing Date Is Just Around the Corner – Are You Ready?
If your business engages the services of an individual (independent contractor), other than one who meets the definition of an employee, and you pay him or her $600 or more for the calendar year, then you are required to issue that person a Form...
More Info