Review your credit policies
There are many ways to make your business more profitable, and sound credit policies are high on the list. The current slowdown in the economy [...]
Does your business make use of your financial statements?
Many small business owners pay too little attention to their financial statements. This is due in part to not understanding just what the statements have [...]
Age matters in the world of taxes
Are you aware of the numerous age-related provisions in the IRS code? They are probably more plentiful and significant than you thought. Here are a [...]
How to tell you have credit card problems
If you're living beyond your means, you could be courting financial disaster. Here are some indicators that you need to get your credit card usage [...]
Technical Topics: Know the Value of Your Company’s Intellectual Property
Intellectual property (IP) — which consists of intangible assets such as patents, trademarks, copyrights, and trade secrets — can be extremely valuable because it differentiates [...]
Simplified GAAP Proposed for Private Companies
In 2012, the Private Company Council (PCC) was created by the Financial Accounting Foundation to improve the process of setting accounting standards for private companies. [...]
IRS alerts taxpayers to latest tax scam
The IRS has issued a warning about the latest phone scam. The caller claims to be from the IRS and tells the intended victims they [...]
Parents can cut taxes with child-related credits
Are you a parent? Give yourself some credit – a child-related tax credit, that is. Here are two that can reduce your 2013 federal income [...]
The AMT: Will this tax apply to you?
What's your alternative minimum tax (AMT) preference? Though you might prefer to not think about the AMT, certain income and deductions, known as preference items, [...]
Who must file a 2013 income tax return?
The rules for filing 2013 tax returns are straightforward for most people. Marital status, age, and income level are generally the determining factors. Here's a [...]
