Menu

Tag: Tax Time

FUDGING DOESN’T WORK

April 30, 2018
| No Comments
| Categories: Money Matters

Fudging is not an official “accounting term”.  I don’t ever remember hearing that word in vocabulary of Financial or Managerial Accounting Courses but it is definitely a common word used in accounting around the offices especially at tax time. As a professional Bookkeeping and Consulting company owner, I specialize in making sure that clients monitor their day-to-day company activities on a regular basis.  For most of my clients that is a monthly review at month-end closing.  I treat them…

Read more ›

YOUR COMPANY’S NUMBERS SHOULD BE A WORK OF ART

April 2, 2018
| No Comments
| Categories: Money Matters

IT’S A BEAUTIFUL PORTRAIT OR IS IT? The first thing I hear, when I tell people that I own a professional bookkeeping service and that I do tax preparation is; “you must really like numbers.”  I guess I do, but more importantly I understand them.  Financial analyst and business growth involves numbers but those numbers paint a picture of a business, the business owners and the management of that business.   In any corporation or large business, you will notice a…

Read more ›

ENTREPRENEUR, ARE YOU STANDING IN YOUR OWN WAY?

March 20, 2018
| No Comments
| Categories: Money Matters

I say it and I will continue to say it, time alone does nothing but record the second, minutes and hours of a day turned to week, month and then year.  It is how well one uses his or her time, the quality of time spent and the return on the investment of time that counts.  There are only 24 hours in a day and balance is the key if one expects to live to the fullest! You can’t…

Read more ›

THE ART OF DOING BUSINESS BETTER

March 6, 2018
| No Comments
| Categories: Money Matters

I’m not known as the Queen “B” for nothing!  The “B” stands for business, the Queen of doing business better.  Consultations with me develop into teaching and strategic planning.  It’s something I do well.  The key is, understanding what you do well, doing it well so as to employ other people that can help bring your vision to life.  It’s the way jobs are developed, careers are built AND entrepreneurs flourish.  Let’s just say you have a gift for…

Read more ›

CHANGED MINDSET: FROM employee to EMPLOYER

January 22, 2018
| No Comments
| Categories: Money Matters

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…

Read more ›

IGNORE THE SOUNDBITES OF TAX INFORMATION

January 2, 2018
| No Comments
| Categories: Money Matters

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…

Read more ›

DO-IT-YOURSELF IS DYING, DEAD! DON’T DO IT!

December 10, 2017
| No Comments
| Categories: Money Matters

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…

Read more ›

DOCUMENTATION IS EVERYTHING!

November 29, 2017
| No Comments
| Categories: Money Matters

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. …

Read more ›

THINK IT THROUGH BEFORE U DO – TAX INFORMATION, PREPARATION

November 21, 2017
| No Comments
| Categories: Money Matters

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…

Read more ›

Navigating through the World of W-4’s, W-2’s, W-9’s & More

August 22, 2017
| No Comments
| Categories: Money Matters

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. …

Read more ›