Now that you have filed for use tax amnesty and are all set up with an account, how are you going to track it daily going forward? If you use QuickBooks, the answer is as simple as 1-2-3. (more…)
Archive for February, 2012
One day, I received a call from a client whose husband had been hospitalized for a couple of weeks. He had mentioned that he thought a tax payment was due that day. She did not know how to make that payment, or if it needed to be paid. We worked things through, but learned a valuable lesson: she realized she doesn’t know much about the family finances. (more…)
Could you be charging more for your products or services? Every smart business owner is continually analyzing people costs and product and market profitability. (more…)
Lately we’ve been surprised by how many people are thinking about filing a gift tax return without a business valuation. We’ve had a few conversations with people who are under the impression that they don’t need to attach a valuation of their business interest to the gift tax return.
Before you file your return without a valuatio (more…)