There are healthy ways to grow a business and then there are some not-so-healthy ways; shortcuts and trends that could hurt you over time. This article is going to focus on four (4) simple ways you can ensure you have a healthy growing company. Let’s start with the basics… Maintaining good books. The accounting books […]
A Plea to Lawmakers On Behalf of Schedule-C Business Owners
This is a special plea to our local, state, and national lawmakers on behalf of all Schedule-C Business Owners across the United States and right here at home in Minnesota! Dear Lawmakers, I am writing on behalf of my clients – Small Business Owners (independent workers) – most of which file their taxes on a […]
UPDATE (3/20/2020): Budgets, Taxes and Coronavirus – Oh My!
This is a new experience for many homes and small businesses today as we continue to try and navigate the growing concerns of budgets, taxes and the coronavirus. But, we’ve been here before. We may not have had to deal with coronavirus before, but we have seen economic scares in the face of disease and disaster […]
Using Retirement Plans to Reduce Taxes
One of my favorite ways to reduce taxes, is investing in your future. When you buy equipment, the average savings for taxes is $3 for every $10 you spend; leaving $7 for taxes. So, only buying equipment if you absolutely need it is the way to go. When you set up a SEP or Simple […]
The Importance of Board Meeting Minutes
Corporations already know they need to prepare meeting minutes and have them available to auditors, but did you know limited liability companies (LLCs) should also have meeting minutes? What exactly are meeting minutes; what are they comprised of and when should they be taken? And who should be at the meeting and what if you […]
