How They Steal Your Money

It is a foregone conclusion that with all of the electronic means in existence to shop, pay bills, or even file your taxes that your information is going to get compromised and your money will be stolen.  How does this happen and what can you do about it? We are only going to talk about here ways your money can be stolen; People file false tax returns People use your credit card numbers Right on … [Read more...]

Special Year End Business Considerations for 2015

This end of year consideration blog is very different from past years.  Business owners are now on the hook for reporting more than ever and employers and employees alike have many more considerations than last year. Mandatory Affordable Care Act reporting starts next month.  Do not do this alone!!!  Usually the folks from accounting or tax area of the employer, HR, and someone from payroll do not … [Read more...]

Don’t Be a Guest of the IRS

Let’s face it, an audit by the IRS is a great way to ruin your day.  Even the letter in the mail from the IRS will cause panic attacks, apoplexy, and words not fit for most gentle folk. How do you avoid an IRS audit?  You can with professional help, experience, and proper financials.  First, know that there are historical triggers that will flag your records in the IRS computer for an audit. Home … [Read more...]

Salary Negotiation Skills

In my blog post on Considerations and Observations regarding Women in Business I shared thoughts on salary negotiation skills, which is not taught very well to our young professionals.   Here are 3 strategies you can try: Most salary offers are within 5% of what the job will actually pay.  Never take the first amount offered.  Use the 10% rule.  If you are offered $40,000 a year, take 10% of … [Read more...]

Scam Artists and Con Men

"Evil is everywhere.  Evil people rely on the inherent goodness of mankind to ply their trade."  -Tom Lunney  I have been asked by a number of the business owners I work with about different scams with which they are being bombarded.  Money is getting tight, so the con artists and scammers are getting more creative.  Let me take you on a journey I hope you are not familiar with in any way, shape, … [Read more...]

The Impact of the Affordable Care Act for 2015

By Carol Venn The Affordable Care Act ("Obamacare" or the "ACA") has a bunch of provisions that are kicking in this year that will definitely affect your tax return.  Please share this information with your friends and colleagues.  There very well may be some ugly surprises for people who are not aware of some of these challenges. This upcoming year (2015) will be the first year that ALL taxpayers … [Read more...]