Archive for category Business
With today’s downsized staff, you need to get the most out of your sales staff.
At this time of year, you probably feel like renewing your commitment to running a more successful, productive business. There are numerous ways to do this, but you might consider adopting the concept of best practices
If you’re in business, you probably hate sending them out. As a taxpayer, you probably hate receiving 1099s. The only one that likes 1099s is the IRS. The IRS loves them because allows them to keep tabs on ordinary taxpayers, even while it audits less than 2% of all individual tax returns. The IRS matches [...]
If you are in a business and donate your time or services to a non-profit organization, can you deduct the value donated?
If you are in business for yourself, or carry on a trade or business as a sole proprietor or an independent contractor, you generally would consider yourself self-employed and you would file IRS Schedule C, Profit or Loss From Business or Schedule C-EZ, Net Profit From Business with your Form 1040. Here are some things [...]
In a struggling economy, businesses suffer. Whether the company is a local store selling knick-knacks or a multinational corporation producing auto parts, many managers and owners have learned of late that credit is tight and customers are wary. Folks are tightening their belts. In fact, before a recovery really takes hold, many more firms will [...]
Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? Not quite. You can’t let your business run on autopilot and expect good results. Any business owner knows you need to make numerous adjustments along the way – [...]
With the current economic conditions, the collection of accounts receivables is becoming more and more of a challenge. Strengthening your collection procedures may allow you to shorten the aging days of your accounts receivables and improve collection rates. The following suggestions can help your business tighten up its credit and collections policies and improve its [...]
No longer considered a luxury item, cell phones and other mobile communication devices are now part of daily business practices at all levels, and the deduction limitations and documentation requirements no longer make sense