I’ve been asked in several instances how and when a business owner ought to pay themselves. This depends on a few things: the type of entity you manage, your amount of profits, and how much income is required for your personal life. I will explain the details of...
If you’ve received a notice from the IRS or another taxing agency like the EDD or the Franchise Tax Board, you know the panic these instill. They might contain foreboding information with complex tax verbiage. And it’s way easier just to ignore it along with other...
Goal-setting should not be confined to a New Year’s tradition. Goals are a vital aspect of any successful company and should be kept in plain sight with everything you do. Recently, I was listening to a podcast, hosted by a husband and wife, on setting goals together....
When it comes to advice for small business owners, especially those just starting, I always promote a solid accounting foundation. If you establish effective accounting processes and procedures, your entire business has the opportunity to flourish. Whether you’re...
