TAX TIME/TIPS/THINGS YOU SHOULD KNOW! FIRST DAY OF ACCEPTING TAX RETURNS IS JANUARY 27th, 2020 Taxes are not meant to be performed by you, the tax preparer – Please don’t belittle the knowledge, the hours spent preparing and understanding the diverse tax laws. To do so would be rude. DIY (Do-It-Yourself) is long gone. The laws have changed and you should not take those changes for granted. You cannot use information from last year (2018) with this year (2019)…
I’ve been talking and posting about money all year and this will only pick up as the year ends and a new year is upon us. You can have all the money in the world and without money management, never reach your goals or improve your lifestyle. We learn the value of money as children and that value is based on our observation through the adults around us. Money is that one thing that isn’t always discussed unless it…
I often find myself in talks with people about business, entrepreneurs and the success of business people. Most people tend to think that entrepreneurs have shortcuts, secrets to their success. They rush off to seminars trying to figure out the secrets and of course looking for the shortcut! I’ve said it before, but it bears repeating, “the thing about shortcuts is that one is never enough” ~ Kimberly Davis Shortcuts taken anywhere eliminates the knowledge that only process can…
PAYROLL, A REAL THORNY ISSUE “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don’t have the financial literacy to scale their businesses and attract investors.” THIS QUOTE WAS TAKEN DIRECTLY FROM Shark Tank Entrepreneur, Daymond John and Founder of FUBU, titled the Number 1 thing Entrepreneurs need. This, is definitely one of my favorite quotes and one I use often to promote my business. …
ASKING FOR MONEY PT 2 THE LOAN PROCESS I’ve mentioned money quite a few times and will mention many more, it’s my business to talk money! I’ve also discovered the more I discuss money, the more I learn! Money is a subject that is vast. Understanding how to use it, when and where to place it for the best returns is ever changing. Interest rates aren’t the same, saving accounts aren’t one type fit all! As a business owner,…
PAYROLL, A ‘thorn’ in the flesh for a Small Business Owner…..that Elite Expert Can Remove! I’m probably going to quote this until the cows come home and for me it never gets old; “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don’t have the financial literacy to scale their businesses and attract investors.” THIS QUOTE WAS TAKEN DIRECTLY FROM Shark Tank Entrepreneur, Daymond John…
TIME IS $ We repeat that statement as a cliché but it is far from that! Time is MONEY! 90% of business owners that do not file their business taxes on time are those who lack bookkeeping services. Most people think or underestimate the importance of bookkeeping and assume it’s filing of receipts, something that they can do themselves, which is NOT TRUE! Every year unfortunately to save a minimum amount of money will lose thousands of dollars through:…
IT’S A MATTER OF YOUR VIEW BOOKKEEPERS SERVE PURPOSE Entrepreneurs never enjoy a person telling them what to do or how to do it; it’s the reason that they went into business for his or herself. One of the first lessons most entrepreneurs adopt from the companies that they work for is regulating overhead. Rather than immediately hire people, the entrepreneur plays all parts in the beginning and rightly so, however, how long is the beginning? What’s the plan…
TAX MYTHS & CONFUSION DEBUNKED & EXPLAINED Every year, people wrestle with tax information and this year with the new tax laws is no different. Things you should know: EVERYTHING YOU HEAR FROM FRIENDS, CO-WORKERS ISN’T TRUE – I know people say all the time, the things that they heard about the law, the amount that they got back. The things that they carried on their return, but unless you see it, don’t believe it! I don’t know people…
Reconcile means to make (one account) consistent with another, especially by allowing for transactions begun but not yet completed. It is a term used in accounting often. One of the best things bookkeeping will do for any entrepreneur or small business is to reconcile accounts. The reconciliation process is intense and detailed. Any flaw with a system or in payment distribution and/or receipt of payment will be found when an account is being reconciled! There are times when a…
Tel : 214-930-5986
E-mail : info@queenbofdoingbusinessbetter.com
Professional Organization of Women of Excellence Recognized…
Starting your business was your dream, your…
TAX TIME/TIPS/THINGS YOU SHOULD KNOW! FIRST DAY…