A deduction is anything you spend or incur in your business that is an expense of some sort. It’s a deduction against the revenue of your business, whether it’s a cost of goods, an expense, or even a home office deduction.
Top 12 Questions When Hiring An Accountant
Year-end is the perfect time to decide if you’re with the right accounting partner. Here are the top 12 questions you should consider asking when it’s time to hire an accountant, tax preparer, or accounting team for your business.
Understanding The Employee Retention Credit
Did you know you could get a refund for the Social Security and Medicare taxes you’ve paid on your employees’ wages?
Every decision is a profit decision. So you want to make sure you’ve got all your bases covered when it comes to making business decisions. One of the ways you can make it through these challenging times is by taking advantage of the Employee Retention Credit.
Pricing for Profitability in 2021 & Beyond
Not all sales are created equal. There are several reasons that that happens. One of those reasons is that every decision is a profit decision where profit is measured in time, energy, and money. Therefore, when we sell something, it requires time, energy, and money.
2020 Tax Update – State’s Choice on Deductibility for Paycheck Protection
BREAKING NEWS! Paycheck protection is a winding road in the area of tax. Now, the IRS actually officially opened its season on February 12th.
Prime Year-End Tax Planning Happens When Q3 Ends
Whether you’re in the middle of 2020, or in the middle of 2021, the end of Q3 is a special time for you to get your financial foundations in place.
The Power of Partnerships and the Hard Questions that Need to Be Asked
As a business owner, there are hard questions you may need to ask yourself, but the problem is you may not know what those important questions are. And this is where the power of partnership comes in.
How Profit First Can Naturally Leverage Your Behavior With Money
There’s an energy that starts to happen when you’re telling money what to do instead of money deciding what it’s going to do for you. It’s all about mindset. And Profit First will practically usher you into this new mindset of having control over your money and not the other way around.
PROFITHERO™ – THE PROGRAM, THE HISTORY, & THE HEART
PROFITHERO™ is for everybody, someone who’s wanting connection, who wants a conversation, and who wants to be led, to be mentored and to grow. This is a place that you can find a family and a home that’s waiting to support you.
The Recipe for Building an Online Financial Powerhouse
If you want to build an online financial powerhouse, you have to make sure there’s sustainability, stability, strength, and energy in your business.