Archive for 'Uncategorized'
Entrepreneurship: Not for the faint of heart
Posted on 15. Mar, 2010 by admin.
I work with Entrepreneurs every day and today again I was reminded that Entrepreneurship is not for the faint of heart. It takes a lot of guts to put your ideas out their everyday to either be received or rejected. Most people think their ideas are great and some are but a good idea isn’t always good enough to keep you in business.
There are important decisions that are made early on that will define whether or not you will remain in business. In the accounting world a startup business really isn’t a business until you have done several of the following steps:
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Full Disclosure: What to Tell Your CPA
Posted on 30. Oct, 2009 by admin.
No business owner looks forward to the chaos of tax season. When you’re already juggling customer service, marketing, and business development, it can seem virtually impossible to make time for preparing your financials. That’s where your CPA comes in.
If you think an accountant’s role is limited to preparing and filing annual tax returns, it’s time to adjust your expectations. Many of our new clients are pleasantly surprised to find out how much work we’re prepared to take off their plate.
One of the biggest mistakes business owners can make is withholding information from their CPAs. While basic financial data— W2 and 1099 forms, real estate interest statements, receipts for business expenses—is important, we dig deeper to ensure a clear understanding of our clients’ businesses and long-term goals. Below are some of the most important things to convey to your tax professional before tax season:
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