In a recent April 2015 report published in the CPA Insider, Blake Christian, a partner with the CPA Firm HCVT, LLP created an outstanding list of questions that every business owner should be looking at. We will be asking these questions throughout the summer: 1. Are you tracking revenue and expense trends for the past three years? How do you benchmark yourself? Do you have resources that show you industry statistics? Are you using up-to-date computerized software? 2. What is your debt-to-equity ratio? During the economic downturn, many of our clients relied on debt to finance their business activity, however, [...]
It might be comedy, but there is a lot of fact here ... don't blame the IRS for problems that the Congress creates.
Published via YouTube on Mar 26, 2014 Arizona business attorney Ruth Carter explains why every business, even those that are operating on a shoestring budget, needs an accountant, and she shares her experience working with hers. A good accountant is worth their weight in gold. They will save you time and headaches in the long run. They are a critical partner for your business' success. You can see all the ways to contact and connect with Ruth on the Carter Law Firm website: http://carterlawaz.com/contact/. Disclaimer: This video does not constitute legal advice. Watching this video does not create an attorney-client [...]
Too often natural disasters strike and serve as reminders that it’s important for both individuals and businesses to protect themselves against the potential financial consequences of such events. A few smart steps we recommend include making electronic backups of important records, including your insurance policies, tax returns, bank and credit card account information, and vital records. It is critical that you store this backup in a separate location that will be easy to access if your area suffers damage. You should also take the time to take pictures or videos of your home or business and store them separately in [...]
Gilbert Chamber Member The Blau Company, Ltd. will be providing complementary QuickBooks assistance to EZ Spaces and Gilbert Chamber members on August 13 from 2pm – 5pm. Feel free to drop by with questions on file set-up, invoicing, reconciling, or other issues. No reservations are necessary, but to ensure your spot, you can make a reservation. Please bring the laptop computer you are using to host your QuickBooks or a BACKUP of your QuickBooks file. Registration is not required, but is recommended. Click here to register. EZ Spaces is a co-working space located on the north-west corner of Val Vista and [...]
Gilbert Chamber Member The Blau Company, Ltd. will be providing complementary QuickBooks assistance to EZ Spaces and Gilbert Chamber members on July 2 from 11pm – 3pm. Feel free to drop by with questions on file set-up, invoicing, reconciling, or other issues. No reservations are necessary, but to ensure your spot, you can make a reservation. Please bring the laptop computer you are using to host your QuickBooks or a BACKUP of your QuickBooks file. Registration is not required, but is recommended. Click here to register.
Welcome to summer! After a brief respite, the staff of The Blau Company, Ltd. is back full speed ahead! Here is some staff news, and tax tips and tricks for your benefit! […]
88% of our surveyed clients believe our newsletter and blog provides timely and relevant information. That isn't high enough! We want to know what YOU want to know! Do you have a nagging tax question? Did you think of a question, but forget to ask it during your client interview? Post your question in the 'comments' section, and it may be the subject of our next blog post! You can remain anonymous, or can even request that your question stay confidential, so feel free to let us know what your aunt's dressmaker's sister's ex-roomate who lives in Hoboken once said [...]
Robert Young, Asst. VP with Merrill Lynch, Pierce, Fenner & Smith, Inc., recently sent me a high quality white paper produced by Bank of America/Merrill Lynch discussing Exit Strategies. The paper starts with the fact that "it's never too early to start planning for that transition." Truer words could never be said, especially in relation to businesses owned by the self-employed. There are too many 'what ifs' in life. The effective transition of your business is what is best for your family and your customers. Business owners should look at a strategy that maximizes cashflow as well as value. This [...]