So, I am constantly getting asked about what business owners can deduct. And, aside from the obvious, there are always expenses that folks forget. Here are my top 5: MILEAGE. Mileage to and from [...]

So,you may have heard the buzz on the Meals & Entertainment changes.  The biggest ding goes to entertainment and staff meals. Forget the nice catered lunches, you will probably be getting [...]

Meals write-offs for your business are generally confusing from my experience with small business owners. Some business meals are 100 % deductible, some are 50 %, and a few are nondeductible. It [...]

Many entrepreneurs operate with their business processes and systems in their heads. They know what they need to do each day and the way they want to get things done. Unfortunately when a [...]

Without knowing your break-even point, you can’t make informed business decisions. To cover the costs of your business you need to sell enough goods or services to reach your break-even point. [...]

What is recurring revenue? It’s the revenue you can depend on generating, year after year, with a high degree of certainty. It’s the repeat business or long-term contracts [...]

I run across this issue over and over. I see employers have subcontractors that really should be classified as W-2 employees. This has become a big hot topic for the IRS. You can get penalized [...]

While many small business owners prefer brainstorming new ideas to pouring over financial reports, getting a handle on financial analysis can be remarkably empowering. Taking the time to [...]