This is a term that is thrown around all the time. Strategy. Strategic Planning. What is it? What does it mean to be strategic or to do strategic planning. It may seem logical to some but so many business owners think they know what they are doing but when you ask for their strategic plan [...]
It’s unfortunate but every once in a while I get a call or an email asking if a request is legitimate from the IRS. Most of the time, a taxpayer’s hunch is that they are not real and no information was given. Billions of U.S. tax monies are refunded due to these criminals ability to [...]
I am pretty involved in my profession. I make it a habit of attending at least 2 conferences a year NOT in Arizona usually sponsored by the AICPA and the Thriveal CPA Network. I am categorized very nicely as a small practitioner in a small firm and I am usually grouped with other CPA’s that [...]
This is an interesting topic and one I have spent a lot of time thinking about the last two years. In 2012, at GMLCPA we changed our pricing structure from hourly billing to fixed price agreements and it’s been challenging to say the least. It’s a positive change but with all change there is a [...]
We hope this post helps you understand the Health Insurance Mandates. For family sizes larger than 4, increase the 100% rate by $4,020 for each additional child. Dollar amounts for Alaska and Hawaii are larger. Note that the table is condensed for this brochure and the actual percentage of poverty level will need to be [...]
Do you remember the show Extreme Makeover? I used to watch it every Sunday. It had such a great message of hope for these families who had very little and the whole community came out to support and love on the folks. They combined the love for design and function and decided to help people [...]
2014 will be a challenging tax year for businesses and higher-income taxpayers. The following issues are concerns that may impact you and your company’s tax liability in the new year. Small Business Health Insurance Credit – The tax credit to small employers (25 or fewer equivalent full-time employees) that provide an affordable health insurance plan [...]
Ok, I admit it. I am a geek. I love software. I am crazy about the wonderful puzzle that accounting is. I really got excited last year when I found a new software that promises to rival QuickBooks. They call it Beautiful Accounting Software. It’s Xero.com. Yes, its beautiful accounting software and I love not [...]
Here ye, Here ye! We have a new brand…. and it’s cool, chick and awesome. Is that what my new logo screams! I hope so. That’s what every rebranding of a company should do but it isn’t just a new look, it’s a new attitude! When considering a rebrand you should think about a few [...]
Customer whole big picture view is not an easy task. We as CPA’s spend a ton of time trying to see what was done, by whom and when to put together facts for the whole picture. Sometimes we are missing relevant information that is held onto by the “bookkeeper” or even the owner who prepares [...]