Thought I should share this quick story. I’ll write a longer post on this soon.
Met a man yesterday who had had some challenges but had begun to overcome them. He almost had everything in place to really become successful. I asked him what was holding him back. He said “fear
Dr. Watson watched another potential client walk out of his music studio door. It wasn’t that Dr. Watson was a poor music engineer. In fact, he is great at his craft. His problem was that his equipment is outdated and slow. Dr. Watson knew he needed to update his systems
What is the major overriding issue facing all non-profits? Fundraising! How do you raise the needed funds to meet the stated objectives of your organization?
A few months ago, I attended an event sponsored by The Center for Non-Profit Advancement.
One of the several excellent presentations was “Diversifying Your Funding Sources”. The
4 Areas and Questions to Improve
Cash Flow
Cash Flow is the life blood of any and every business. Your business needs cash to stay alive, therefore, cash is king. Below are 4 areas and questions to help you improve the cash flow of your business.
Spending
Do you have a system
In an ongoing effort to find unreported or underreported revenues, the IRS has now created a video for Direct Sellers and MLM’s.
This video is to “help” you properly record and report your income each year. It also helps you determine if you really have a business or a hobby. (The
Last year, Charles and Gloria were giddy with happiness. Finally, after struggling for over a year with the loan modification process, they had been approved.
The modification would save them $700/month on their note, which equals $8,400/year.
Shortly thereafter, they received more good news! Their property tax bill was being reduced $150/month
The Christmas Gift of Extended Tax Benefits may turn out to be a New Year’s Headache for both Tax filers and Tax Preparers.
The IRS announced on Thursday, December 23, 2010 that their systems will need to be reprogrammed and they would not be ready to accept tax filings for certain
The President and Congress have given the country an early Christmas gift. They have passed an extension of the 2001-2003 Bush era tax cuts.
What this means is that your income tax bill won’t automatically increase, at least not for the next 2 years. Congress will have to revisit
After my last post, I decided there was a little more information you might need regarding how an IRS audit might be triggered.
The IRS has 3 databases – The Individual Master File, the Individual Return Master File and the Automated Under Reporting System. By combining data from these three
Imagine you go to your mailbox and surprise, surprise you find a letter from THE IRS! They are asking you to visit them for a few hours and oh, by the way, bring your last 3 years of tax returns and every receipt or document that supports the deductions