Everything is deductible

We started working with a new client and we were working through the company credit card charges.  A number of the items looked to be personal items. So, we contacted the client, and it was his stance that everything is deductible, and the chance of an audit is slim....

Leadership

Are you the leader of your business?  Are you the only leadership the business has?  Are you an effective leader? Leadership is the accomplishment of a goal through the direction of human assistants. Does that describer what happens under your leadership?  Or are...

Manufacturing

Are you a manufacturer? Are you absolutely certain? In my mind I don’t care if you make widgets, silk screen t-shirts, or prepare sandwiches; if you do any of these things or something similar, you are a manufacturer and you need to run your business off of an...

Selling the business

I recently met with a client that showed me the postcard he received from a business broker.  He had already contacted and met with them about selling his business. The amusing thing about this is that I was given some data to start their tax return (yes, they are...

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