A CHANGED MINDSET It’s not about how many things you do well solo, but it’s your ability to motivate, inspire, develop, teach others to carry out the task that need to be done. Doing business better begins with a changed mindset that will result in changed actions! Yes, I scream it! I say it! I teach it! Better business begins with better books! Better books begins with increased knowledge of one’s business and that knowledge stems from sources within…
It’s the same old thing each year. Although less than 12 hours ago, people were celebrating the start of a New Year, I’m not sure that they know or that our definition of a New Year means the same from person-to-person. As an Accountant and Tax Preparer, my job is to make sure that people really have a New financial year and the first thing I inquire about, is their last year! Yep you can step into a new…
GIVINGIT’S THE THOUGHT THAT COUNTS NO, this message isn’t too late. This is a message to corporate America. If 2018 is to be great, understanding between Employers and Employees should improve significantly. Under a republican government, small businesses thrive and I love that, however, many small business owners ignore and do not share the need for outsourcing properly or handling internally, human resources, payroll and bookkeeping services. Limited working capital makes everyone small business owner “do it all”. That’s understandable…
As I always say, “I can’t make this stuff up.” I can’t. Each year, I review, redo tax returns that were done by friends of a friend, someone with good intentions who has done his or her taxes for years, always gets a ‘good refund’ and so the friend will give them a try. Things go wrong and the next year, I’m redoing the return, correcting mistakes and trying to help the tax payer get out the trouble that…
Most people just wing it. They don’t keep receipts and at the year-end gather all their information and drag it to a CPA or Tax Preparer to calculate their tax return. While those professionals gear up and prepare all year to handle it, processing all of a person’s information for one year in a month (at best and a couple of weeks at worst), there is a lot work involved. That’s where you cost come in for tax preparation. …
I have a vivid imagination, always have. I could entertain myself for hours, playing pretend and talking to my stuff animals as a child. However, as a grown up, the horror stories I hear about tax preparation, about people overpaying in taxes, the lies about how the IRS came after people without warning, and all those who claim to be able to help negotiate payments and interest; it’s not my imagination and not stories I could even think to…
Guesstimations with your Business Finances? Every time I hear a business owner say the words, “I pretty much know that the entrepreneur is doing everything. He or she is the owner, the sales person, the receptionist and the bookkeeper. There is no way this can last. The initial thought is saving money but time is money and where there is a lost or misuse of time so too is there a lost and misuse or abuse of finances. The…
It’s all about the handling of money. That’s the difference in a successful business and a non-successful business. We learn how to handle money personally based on the way we grow up. The value we place on money, the way we invest it, distribute it or spend it is based on the culture that we have been raised. The things one values as successful or important is based on our culture whether one pursues material things or invest finances,…
If you have ever worked outside your home and earned more than money for allowance, you have had to complete one of the above. That process can seem simple but the process is also deadly to one’s finances if it isn’t handled appropriately. The Human Resource Department of your job is not allowed to help you complete these forms and rightly so. No company wants to be liable for an employee who loses money due to incorrect filing status. …
“I’m late, I’m late, for a very important date, no time to say hello, good-bye, I’m late, I’m late, I’m late!” And that quote is from where? YES! Alice in Wonderland. It’s my song that I sing to my youngest who has absolutely no time management skills whatsoever. Every morning he hears it as I rush him out to school before heading to work. Ironically, if you ask the average entrepreneur the motivation for going into business for his…
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