Is Outsourcing a Good Idea?

Would you like to focus on your core business, concentrate on the client base, and be more productive? Of course, you would! Almost every business owner would love that. Accounting tends to take a lot of your time from actively growing your business but it’s a necessary function. So, why not outsource your Accounting and focus on your core competencies? Let’s look at … Read More

Beware of IRS Scammers!

The Internal Revenue Service and its partners in the tax industry and state tax authorities warned Tuesday about a new twist on the phone scam that criminals have been using for years to steal money from taxpayers, with the fraudsters now using phone numbers that mimic IRS Taxpayer Assistance Centers while demanding payment on nonexistent tax bills. The IRS and … Read More

House approves IRS reform bills

The House voted Wednesday to pass bipartisan legislation to modernize the Internal Revenue Service’s information technology systems, a day after a computer crash temporarily suspended processing of tax returns on the date of the filing deadline. The bill would also improve cybersecurity at the IRS and taxpayer identity protection. A related bill would improve taxpayer service at the IRS, and … Read More

Experience Breeds Success

The age you’re most likely to start a successful company isn’t what you might think. Bill Gates is an anomaly.John Lamparski/Getty Images Many people think of young examples — like Mark Zuckerberg and Bill Gates — when they think of successful startup founders. New research shows that these cases are more the anomaly than the status quo — the average … Read More

Beware of “Magic Bullets”

I heard a commercial on the radio the other day. A very confident voice saying, “I was able to grow my business by using (some accounting software), in fact, I can run my business from a dashboard on my phone!” Like some sort of “Magic Bullet… I understand the marketing aspect of this statement. The reality is, you can have the … Read More

Tax Reform Guidance Will Take Years, Says IRS Chief

Acting IRS Commissioner David Kautter told lawmakers on April 11 that implementing tax reform is one of the IRS’s highest priorities, but issuing guidance will likely take years. “Preliminary efforts to implement this new law are already underway,” Kautter said during a House Appropriations Financial Services Subcommittee hearing. The Tax Cuts and Jobs Act (TCJA)  was enacted last December. Kautter testified before … Read More

Tax Advocacy – Two Success Stories

We have helped MANY people over the years get out of IRS Debt Permanently! Take a look at two of the most recent cases:   Here is a case that involved a large outstanding balance of $400,000. After many months of work and negotiations, the end result was life-changing for this client: Good people get into tough situations. If you … Read More

Back to the Basics – Business Strategies

What Are the Different Types of  Basic Strategies in Business? Some leaders act as if their companies are poised to outperform rivals and, as a result, fail to do the work necessary to devise an effective business strategy. Others attempt to create business strategies, but all too often the strategies are a bit wimpy and not worthy of the name. … Read More