Like most of our Blog posts, this was born out of many questions from clients about this topic. So we decided to post this as a resource for your and any other S-corp business owner out there. Here’s the issue: how do you pay yourself as an owner of S-corp and stay out of trouble […]
Reasonable Compensation for S-Corp owners Read More »
Let’s face it, keeping on top of your business finances is a JOB of its own! Cash flow, budgets, retirement, best investment strategies…you get it, a lot to keep track of. And if you get lucky enough to have a good Financial Adviser and a good Tax Accountant, you can have the best advice that
Why Business Owners Need Tax Planning + Financial Planning Read More »
Whether you’re an independent personal trainer, manage a team, own a studio or a franchise, cash is king! Let’s face it, if clients or members aren’t coming in the door, your doors wouldn’t be open. We love the fitness industry because we’re fitness nuts ourselves. On our days off you can find us in the
Master Your Cash Flow for Fitness Professionals (or most other service-based business) Read More »
Whether you’re just starting your journey in real estate or a seasoned veteran, you’ll want to continue reading for some valuable tips to help you control your money and not let your money control you! Planning around commissions Its feast or famine for a lot of agents starting out. Or, if you’ve been around for
Budgeting For Real Estate Professionals Read More »
Don’t get caught at year-end with nasty surprises. Read our post about how to prepare for next year.
Year-End Small Business Checklist Read More »
Going through an IRS Audit can be a big deal if you’re not prepared. But with today’s technology, we’re going to show you an easy way to make sure you have all the documentation you need to prove your business expenses. I’m not saying that all audits are the same, but most of the
Audit Proof Your Business with Evernote Read More »
April 15 is the tax day deadline for most people. If you’re due a refund there’s no penalty if you file a late tax return. But if you owe taxes and you fail to file and pay on time, you’ll usually owe interest and penalties on the taxes you pay late. Here are eight facts
IRS Penalties for Filing and Paying Late Read More »
In our effort to educate the small business owner in how to keep more of their hard earned money, often we get asked: So what is better ROTH or Traditional IRA’s? So we asked a local Financial Expert to explain the differences. What type of IRA (Traditional or Roth) best meets your financial goals?
Financial Planning Corner: ROTH vs. Traditional IRA Read More »
If you run a small business, then chances are you maybe required to file 1099’s. These are probably one of the most misunderstood forms business owners file. Here’s the scoop: What are they for? Form 1099 is used to report money paid to individuals who are not your employees. The IRS
Health Care Reform is here! We’ve invited a special guest to discuss what to expect. The rest of this post is written by John Heaton of JMH Insurance Solutions. This is a MUST read for any small business, especially if you are in California! It is finally here. We are three weeks into open enrollment.
Guest Post: Health Care Reform is Finally Here Read More »