Category: Tax Preparation

Every year the National Taxpayer Advocate submits a report to Congress identifying significant tax issues the TAS (Tax Advocate Service) will focus on in the upcoming fiscal year.  On June 27, Nina E. Olson (current National Taxpayer Advocate) released the mid-year report expressing particular concern about the “taxpayer impact of expired and expiring tax provisions, […]

Business Owners and Non-Profit Organizations: The IRS Announces a Formula for Calculating Telephone Excise Tax Refunds In May of 2006 the Treasure Department announced that beginning April 1 the government would no longer collect federal excise tax on long-distance telephone service. They also announced that taxpayers could request refunds for telephone excise tax collected after […]

If you’ve been thinking about launching a startup, you should know the steps required to successfully get your business up and running.  Whether you plan to operate your practice full or part-time, it’s important that you have a plan.  The following checklist will help you perform all the startup tasks in the proper order: 1. […]

Technology is moving at breakneck speeds, and it’s changed the way businesses market their services.  And because social media is an effective marketing tool, it’s important to anticipate how it’s evolving so that we can take advantage of this powerful technology. In a recent Entrepreneur.com article, social media blogger Rick Mulready shares “5 Social Media […]

There are many changes under the Affordable Care Act (ACA).   We’d like to thank our valued strategic partner Ankur Khosla-Ghandi with PAYCHEX for the following information regarding the Employer Shared Responsibility (ESR) provisions that are almost here. Are your clients prepared to comply with the new guidelines? An important part of the ESR provisions is […]

They’re everywhere these days.  People have personal blogs, political blogs, travel blogs, health blogs, corporate and small-business blogs.  But do you really need a blog?  Small-business blogging is a popular, and cost-effective, method of marketing. But the point is not just to get a blog out there; the point is to have it rise to […]

Everyone is looking for new and effective ways to market their businesses.  If your current approach feels a bit stale and worn, perhaps it’s time to try some unexpected promotional tactics.  Consider the following 5 suggestions: 1. Guest blogging.  Visit blogs frequented by your target market, and offer to write a post in exchange for […]

‘Tis the season to stress out—fa-la-la-la-la.  Really, wouldn’t it be better to manage the seasonal stress so that you can enjoy the holidays?  Here we share 7 tips designed to help you better savor the holidays by managing the stress that’s often associated with them: 1. Be positive Often you can think away your stress.  […]

8 Tips in Turning Your Site into a Marketing Force If you don’t already have a website, you should get one. Progressive businesses have an internet presence; it speaks volumes of their professionalism and ability to keep up with current trends. A good website will represent you well and increase your clientele. It will also […]

Family businesses: they seem to work really well or fail miserably.  That’s not to say that family-run businesses can’t be highly rewarding and lucrative.  However, if you’re participating in a family business, it’s important that you understand what you’re up against.  Working with relatives can be tricky unless you have a game plan—a series of […]

Get Yourself That Much Needed Raise No matter age, experience, or occupation, most people are looking for a way to increase their bottom line. If you work in a 9 to 5 job, you try to get a raise to move to a position with a larget salary. If you own your own business, you […]

Your ability (or inability) to motivate your staff will be reflected in the quality of their work, morale, and cooperation.  By just focusing on just a few things, you can change the temperament of your workplace and ensure a happy and motivated staff. 1. Be positive. Lead by example.  This can be done by demonstrating […]