Benchmarking small business revenues and profits often delivers big insights into a firm's health and prospects. Benchmarking revenues, for … [Read more...] about Benchmarking Small Business Revenues and Profits
management
Career in Accounting: How to Prepare
You can have a great career in accounting. And you can have tons of fun! But in order to really hit the deck running, you really want to be prepared. … [Read more...] about Career in Accounting: How to Prepare
Eleven Profit Building Technology Tools
This blog post talks about eleven profit building technology tools we're using in our CPA firm. But let me explain why I'm posting this. Because … [Read more...] about Eleven Profit Building Technology Tools
Entrepreneurs as Active Investors
After I did the first couple of blog posts about insights I’d gleaned from David Swensen’s wonderful book, “Pioneering Portfolio Management,” I … [Read more...] about Entrepreneurs as Active Investors
S Corporation Paperwork Problems
Right before New Year’s Eve, a tax court vaporized an S corporation and its shareholder due to what might only amount to poor S corporation … [Read more...] about S Corporation Paperwork Problems
Qualified Small Employer Health Reimbursement Arrangement Rules
Last week Congress created the “Qualified Small Employer Health Reimbursement Arrangement.” Presumably, President Obama will sign the legislation … [Read more...] about Qualified Small Employer Health Reimbursement Arrangement Rules
How Hourly Billing Problems Destroy Profits
I’ve talked a lot over the years about how hourly billing problems can destroy profitability in small service businesses. But a new service business … [Read more...] about How Hourly Billing Problems Destroy Profits
Hidden Small Business Pension Plan Costs
A couple of times recently, I’ve gotten into, er, spirited discussions with people about whether some small business pension plan costs too much to … [Read more...] about Hidden Small Business Pension Plan Costs
Honest Talk about Actual Tax Deferral Benefits
A short, technical blog post this week: I want to talk very precisely about the actual tax deferral benefits you get when you use something like an … [Read more...] about Honest Talk about Actual Tax Deferral Benefits
Multistate Taxation: Avoiding Costs and Hassles
Last week’s blog post talked about how multistate taxation works and got into some of the nitty gritty details of nexus, public law 86-272 and then … [Read more...] about Multistate Taxation: Avoiding Costs and Hassles