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Small Business

Great Fact Sheet from the IRS on Business Structures

June 19, 2008

Here is a really informative and easy to follow IRS fact sheet on Business Structures. I will be recommending this to my Small Business Clients when they ask about incorporating. Click Here to see the article in it’s natural habitat

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Friday 13th not more unlucky, study shows

June 13, 2008

Just goes to show you what a little empirical analysis will do: A study published on Thursday by the Dutch Centre for Insurance Statistics (CVS) showed that fewer accidents and reports of fire and theft occur when the 13th of the month falls on a Friday than on other Fridays. Friday 13th not more unlucky, [...]

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NueroSurgeons Don’t Hold Cell Phones To Their Ears

June 8, 2008

I use my cell all day, everyday. Maybe I should stop? �We cannot say with any certainty that cellphones are either safe or not safe,� Dr. Black said on CNN. �My concern is that with the widespread use of cellphones, the worst scenario would be that we get the definitive study 10 years from now, [...]

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Redux: Who Orders Things Online?

June 8, 2008

Another story about ordering stuff online. You can tell the US Treasury might be starting to feel the sting of a slowing economy…. There is simply too much money involved for tax free online sales to continue: “The IRS is watching power sellers to identify any underreporting or non-reporting of income,” Carl said. “The IRS [...]

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Best. Website. Ever.

June 2, 2008

I recently came across the coolest website ever at the National Federation of Independent Business. The website is 411SmallBusinessFacts.com. I have to be careful, I could read this all day. This website has compiled the results of over 2000 small business surveys For instance did you know that Sixty-one (61) percent of small-employer taxpayers typically [...]

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Is Your “Work” Working?

May 30, 2008

My fourth grader’s science teacher taught her class about work. But not the kind of work that us non-engineers think of……she was talking about the unit of measure: “Work = Force X Distance“ She didn’t teach them the equation above; she had them do an experiment. One student pushed against the wall with all his [...]

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Go Pick on Somebody Your Own Size

May 27, 2008

Just what we needed…. “Brian Krebs from the Washington Post is reporting that the Bush administration is proposing a new tax collection program that would force credit card companies to report merchants’ income to the Internal Revenue Service. The plan has come under fire from privacy groups, who say it will create another private sector [...]

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They seem to know what they are doing, but……

May 24, 2008

I don’t think anybody would ever dispute Disney’s Preeminence as brand but thre are some who question exactly how they got there. Here is an article at Church of the Customer about Disney’s curious decision to close down a successful and profitable web site simply becuase it doesn’t fit “their model”. Disney’s Virtual Magic Kingdom [...]

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Great Article on Goal Setting

May 18, 2008

I think I will actually do the exercise laid out in this Article. Here are some excerpts: Start by writing down what you think your current goal is. As an end state, it should sound something like: I have created a successful site that promotes our products well and creates over a hundred sales leads [...]

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Do You Qualify for the Savers Credit?

May 16, 2008

A credit of up to $1,000 ($2,000 if filing jointly) is available for eligible contributions to an employer-sponsored retirement plan or to an individual retirement arrangement. The credit can be as much as 50% of the contribution to the IRA or retirement plan for taxpayers at the lowest income levels. The percentage declines as your [...]

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Reminder: A live Seminar: Padgett and Pomaybo

May 1, 2008

Do staffing issue worry you? Is hiring a difficult process? Does the red tape of employee payroll accounting scare you? If so, then you may want to attend a new series of workshops focused directly on solving these issues. Padgett has partnered with Pomaybo, Inc to present a (2) part series specially designed to help [...]

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A live Seminar: Padgett and Pomaybo

April 15, 2008

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Human Accountant vs. Turbo Tax

April 15, 2008

Check out the interesting competition from the Lifehacker website between his human accountant and Turbo Tax. The Verdict Even though my accountant is expensive, and even though I’m no software-phobe, this year I’ve decided to trust and choose my human accountant over TurboTax.com. If you have any doubts, you can do what I did and [...]

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Burden of Proof

March 30, 2008

Here is a an Article from my NATP (National Association of Tax Preparers) newsletter. I am posting this because I feel like I have had this conversation with many of my clients who own property. Real Estate Professionals and Burden of Proof By Jill Senso, EA Paul and Wanda Harmon filed a joint tax return [...]

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