Growing Your Business in a Screwed Up Economy

I don’t know about you, but I am SOOOOO tired of hearing about the screwed up economy. I see it on TV shows and in movies. I hear about it on the radio and in casual conversations. I even read about it in books, newspapers and on blogs. Everyone – no matter where they are in the world – seems to be freaking out about the worst economy that has happened in nearly a century.  This panic seems to lead to more panic until finally, all I can think is, “How is the economy going to recover if no one … Continue reading

The SpongeBob SquarePants School of Business

  Okay, I have a confession to make:  I am a Mom.  Even worse, I am a Mom with a Toddler.  What that means is that as a “Mom with a Toddler,” I know all the words to “Elmo’s World.”  I also know how to “Do the Pigeon” and that “C is for Cookie” (which is good enough for me).  I know how to read Dora’s map, and I know Hannah Montana’s true identity. What’s more… I know “who lives in a Pineapple under the sea.” Why do I know these things, you may wonder? Well, as any Moms with … Continue reading

Islands of Time

Jeffrey Koltoff, MBA is President of TCW Business Solutions LLC in Feasterville, PA.  Jeff has over 25 years’ experience assisting clients with accounting, business and personal finance, technology and strategic planning.  TCW Business Solutions LLC is a premier financial information management consulting firm specializing in accounting support, QuickBooks setup, maintenance and training, CFO functions, and strategic planning for small and medium size businesses.  To learn more please visit TCWBS.com. ****************************************************************************** I recently read a post on a business discussion forum from a member who was frustrated.  He described his situation as follows: As a small retail business (owner), I am … Continue reading

Uninformed Formation—Five Mistakes in Establishing a Business

by Richard Streitfeld, CPA, CFE Richard Streitfeld is a Certified Public Accountant with Aaronson Lavoie Streitfeld Diaz and Company in Cranston, Rhode Island. This article is a summary of key points he made in a talk on entity formation for www.roundone.com, a website for entrepreneurs. It was published in Providence Business News. October 16-22, 2006. Richard can be reached at 401-223-0205 or at rich@alscpa.com * These are real people and real situations, but the names and descriptions have been altered to protect their privacy. ************************************************************ Not having a plan for your business – Brian*, a passionate and talented karate teacher, … Continue reading

Planning Ahead: New IRS Guidance

Carrie Smith lives near Dallas, Texas.  She has worked as a freelance Certified Bookkeeper for approximately 9 years, and as a Tax Specialist for 4 years.  She specializes in small business, and oil & gas accounting. She has written several other finance and accounting articles at Hubpages.com.  You can see what Carrie’s Tweeting at:  http://twitter.com/#!/applecsmith.  *********************************************************************************** The IRS has set some new guidelines for reporting health care reform on W-2s. This is particularly important for bookkeepers who want to know what data will need to be collected and what applications they should be looking into for software, in order to … Continue reading