Insights
Notes on tax, cash and running a business.
Written by the people who do the work, mostly in response to questions clients actually asked. No news roundups, no reposted IRS bulletins.
Why most small business budgets are abandoned within a quarter
Most small business budgets are dropped within a quarter. How to build one from real numbers, drivers and cash that the business will actually keep using.
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Most year-end tax planning happens too late to matter
Most year-end tax planning moves have a lead time. Retirement plans, equipment, S-corp payroll and estimated payments all need deciding well before the year closes.
ReadThree questions to answer before you hire a business advisor
Business advisory engagements fail for predictable reasons, and most of them are visible before the engagement starts.
ReadReasonable compensation is where most S-corp savings go wrong
The S-corp election saves real money on self-employment tax. It also creates an obligation that owners routinely underestimate, and the IRS has been willing to unwind aggressive positions.
ReadYou may already owe sales tax in states you have never visited
Economic nexus means a filing obligation can be triggered by sales volume alone. Most businesses that have crossed a threshold do not know they have.
ReadWhat a real month-end close looks like
Most small businesses do not close their books so much as stop touching them. The difference shows up in every decision made from the resulting numbers.
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