You know what’s frustrating? When regular customers tell me they signed up for some new service with another accountant. Or used some online legal service. Or bought some scammy service that they don’t need. “You do that? I had no idea!” they’ll say. It’s so frustrating for me. I want… Read More »36 Things Your Accountant Can Do for You
I got a text the other day from a client asking if I could pull a copy of his 1994 tax return. My first gut reaction was, “Why on earth would you need it?” I learned a long time ago not to ask ‘why’ unless there is a good reason.… Read More »Can I get a copy of my old 1994 tax return?
How do I deduct my credit card payments? This is a very common question in my office and not an easy concept. Taxation is not based on cash flow. What is Cash Flow? Cash flow is the immediate feeling in your wallet. It is easy to understand. You put… Read More »Why can’t I deduct my credit card payments?
What happened to my check? Why is the government taking all my money? From the time everyone gets their very first paycheck, we all feel the same pain. Let’s look at what is taken out of your check and why. Social Security and Medicare Taxes Back in 1935… Read More »What’s all this stuff taken out of my check?
I have been asked this question more than once by people not making money with their business. The short answer is ‘no’. Being a non-profit really has nothing to do with making money. Or taxes. Or profit. Or doing good things. What’s the difference between a non-profit and a for-profit?… Read More »Am I a ‘Non-Profit’ because I don’t make any money?
