by Karla Dennis | May 21, 2014 | Blog
When you get a letter from the IRS, what should you do? You should respond to the IRS letter appropriately. So many people reply to the letter with too much information! The IRS doesn’t care about your story, they only care about getting the money. Also, if you provide too much information you might be giving the IRS information that they can use against you. So, keep emotions out of it and respond appropriately. Of course we recommend that you allow your tax professional to respond for you. read...
by Karla Dennis | May 21, 2014 | Blog
Your tax resolution expert can be one of your biggest assets when it comes to working through back taxes or IRS debt. To be able to get the most out of your relationship there are some things that you can do to ensure everything goes smoothly. First, establish a good relationship with your tax resolution expert. Getting to know the tax resolution expert will help you trust the decisions that are made. With that trust it is easier to confide all of the ins and outs of your finances so that the company can more fully assist you. read...
by Karla Dennis | May 18, 2014 | Blog
With the Affordable Care Act now law, there are 18 new taxes that are coming this year with regards to the health care law. Most people that fall within a certain income bracket can expect their taxes to increase slightly, but Karla wants you to know that if you plan ahead for it you can still help reduce your tax bill and not feel the increase in taxes that many will feel from the...
by Karla Dennis | May 16, 2014 | Blog
Plan Every business has made a plan or some haven’t. But are you sticking to it? We can all get over consumed in our practice. But take a step back and look at the big picture. What do I need to accomplish? Am I on the right path or do I need to make some strategic moves to get to that point? Be intentional in planning and make sure you lay everything out and create a step by step goal of what needs to be done. The best plans have deadlines and they are met. Technology In this day in age technology is growing but that might be a good or bad thing for business. I say embrace technology. There are so many system to speed up the business process and make your business operate smoothly. You can cut down on time and pump our more work. With great systems you can take on more clients and create a great experience without the headache. read...
by Karla Dennis | May 15, 2014 | Blog
As a business owner do you know how to successfully manage the money that your business is making? If you have profit in your business, it increases the value of you business. Are you aware that if your business is cash poor, it can keep you from obtaining loans, purchasing new equipment or buying other items that are needed for your business? One of the essential things you need to know and understand as a business owner is how profitable a sale can be for you and to get the cost of a sale under control. read...