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Is Now the Time to Consider Rental Property?

November 21st, 2008

Does the decline in real estate values present a business opportunity? Real estate rentals historically have been a popular long-term investment, and if you believe that this market eventually will rebound from its current slump, this may be the time to consider such an investment. This material will explain some of the tax ramifications of […]

Use Accounting Ratios to Stave Off Financial Problems

November 20th, 2008

Does the mere mention of accounting ratios put your teeth on edge, and bring back bad memories of Accounting 101?  It shouldn’t as ratios can help your quickly determine how your business compares against others. Banks often use ratios to analyze your financial statements as part of the loan approval process, so it’s helpful to […]

Life After the Real Estate Bubble Burst

November 20th, 2008

With lenders becoming more conservative, money tightening up, and the real estate market in decline, many homeowners and speculators find themselves faced with some unpleasant choices. One strategy is to wait until home prices rebound, but that could be some time and probably too far off for the owner with a variable rate or short-term […]

16 Bank Reconciliation Tips

November 12th, 2008

Although it may seem like drudgery, reconciling your bank account is a critical accounting task that you should carry out each month. Doing so helps ensure the integrity of your financial reports, since most of your accounting transactions ultimately affect cash in some fashion. Further, QuickBooks is a much more powerful tool for your business […]

Lunch as a Business Expense

November 8th, 2008

Many individuals spend time away from their offices while calling on customers and vendors. As a result, they end up having to buy their lunch and want to deduct the cost of that lunch as a business expense. Unfortunately, the cost of meals can only be deducted when you are away from home overnight. However, […]

Seven Ways to Search QuickBooks

November 7th, 2008

Over time, your QuickBooks company can grow in size to the point that it becomes difficult to find specific transactions. For instance, let’s say that you hire a new employee, and want to order another desk to match the ones in your office. You vaguely remember the last time that you ordered a desk, but […]

Economic Stabilization Legislation

November 5th, 2008

On October 3, 2008, Congress passed and the President signed into law the “Economic Stabilization” legislation, which included numerous tax law changes that are mostly pro-taxpayer. These changes will impact just about everyone, and you are encouraged to review them below. Please call this office if you have questions about any of the provisions or […]

How to Avoid Common Business Mistakes

November 3rd, 2008

It is not uncommon for business owners to become so involved with their day-to-day operations that they overlook some important issues associated with being in business. Here are some tips to help you avoid making costly mistakes and to ensure that your business runs smoothly. • Minimize personal liability. Individuals should try to avoid putting […]

Business Document Templates

November 3rd, 2008

As a business owner, I’m sure there are many instances where you find yourself typing up a wide array of letters and miscellaneous documents. While it takes longer the first time around, you can make it much faster the next time by using a template from the document you just created, rather than reinventing the […]


Tax Updates & Business e-Newsletter

January 25, 2010
by: James • Tools

Free Online Personal Financial Software

October 17, 2008
by: James • Tools