Close

Articles

Your Guide to Tracking Miles

Tracking Your Mileage

If you use a personal vehicle for work purposes, you may be able to deduct some of the expenses on your tax return. There are two general methods of deducting your vehicle expenses. Standard Mileage rate Actual expenses and Depreciation You may not use the standard mileage rate for a […]

Read More

How To Organize Receipts…and Your Life.

How to organize receipts...and your life

Track, Save and Organize Receipts Saving receipts and tracking expenses is critical for all of us to give peace of mind and the ability to quickly reference purchases and budgets. This is especially important for those with a small business. You can maximize your tax savings by properly keeping track […]

Read More

Annual Meeting Minutes for Corporations

Annual Meeting Minutes for Corporations

As a shareholder in a corporation you have duties to complete on an annual basis. One item the IRS requires is that you hold a corporate meeting of the shareholders. This can frighten businesses who have never done one or can make you feel overwhelmed with the addition of day to […]

Read More

Mastering the practice of retaining records.

Your System for Proper Record Storage When contemplating storing files, some common questions we receive are: How long do I have to keep this stuff? What do I keep? How far back can “they” go? Storing records, having a proper system for storing tax and financial records can feel like […]

Read More

The Key to Putting Your Plans Into Action

CPA Business Wisdom Put Your Action Plan Into Action

Action plans are critical to the effectiveness of you business. Action plans are how you put concepts to work, accomplish tasks, and get into good leadership habits. Example: Mow the lawn Remove toys from the yard Put up down spouts Remove mower from storage Check mower oil Check gas Start […]

Read More

Investing in the right people

CPA Business Wisdom Invest Your Energy Right People

Master Packard’s Law in Your Business In his best-selling book, How the Mighty Fall, Jim Collins tells the story of how Bill Hewlett and David Packard started their business with the core driving principle of finding the right people to join their company. Their focus on having the right people […]

Read More