Category

Tax
26
Dec

Recordkeeping for your Business

Recordkeeping for your business is primarily driven by tax requirements, but your industry may have specific requirements for records as well.  The information of this blog is not considered tax advice and you should always consult your tax preparer when making decisions which could affect your tax situation.  The article is based on the IRS...
11
Dec

Important Tax Dates

Important dates for taxes are found below. Making timely estimates based on accurate data is important to your cash flow and business.  By having accurate, up-to-date information, you can make a better estimate for your taxes.  If you notice, the Quarterly Tax Estimate to the IRS is cumulative of the entire year’s data.   If you...
20
Nov

STOP MIXING PERSONAL AND BUSINESS FINANCES

Many have written about co-mingling finances, however many business owners continue to do it.  Therefore, you get my version of the lecture.  Stop mixing your personal and business finances.  Some business structures REQUIRE you to keep business and personal separate, and while this may seem obvious, it is practiced less often than you’d expect.  Today, I want...