Don’t Blow Off the IRS!

Don’t Blow Off the IRS!

With the pending tax deadline literally just around the corner, be sure you know and understand all the available options to you regarding tax filing and payments to the IRS.  The United States Federal Government tends to frown (severely) on those who completely blow off their imposed tax deadline. It’s best to let the IRS know about your situation before you determine you just can’t and won’t file and pay your taxes. Of course you…

Business Of the Month!

Business Of the Month!

Jaffe Architectural Group is a leading edge specialist in custom residential architecture. The Chicago-based firm’s designs combine the clean, spare lines of Modernism with the grace, proportion and scale typically associated with classical architecture. The design philosophy of the firm is a reflection of its founder and owner, Lisa Jaffe, who draws upon her vast collective expertise gleaned from observation, travel and a stellar academic career to render homes that best suit the lifestyles of their owners….

5 things you can you do NOW so that dreaded April 15th deadline isn’t so dreaded

5 things you can you do NOW so that dreaded April 15th deadline isn’t so dreaded

When it comes to filing taxes for your small business, all the forms, records, deductions, and legal jargon can be pretty overwhelming, especially on top of all your other responsibilities as a small business owner. How can you start to prepare now in order to make tax season less overwhelming? 1. Get Organized, now. Assign a safe place for official documents as they arrive- a folder, file, self, or box can be very helpful to start…

Last Minute Revenue Development: Pricing

Last Minute Revenue Development: Pricing

With the end of the year approaching rapidly, many business owners are trying to squeeze in some last minute sales to improve there bottom line. I found myself thinking of the many different ways I could help my customers achieve this and decided to focus the next few blogs on doing just that. From simple pricing tips to implementing purchasing strategies that will allow for greater tax deductions, we will show you a few ways…

Things to know for the Self-Employed – PART II

Things to know for the Self-Employed – PART II

As we begin our departure out of tax season, I think it is important to wrap up any questions that one might have about being self-employed and tax preparation. Our last blog entry touched on the definition of being self employed, tax obligations and making quarterly payments. Part II will cover business structures, joint-ventures, choosing a tax-preparer, and ways to further your education! First off, you know what kind of business you want, right? Whether…

Things to know for the Self-Employed – PART I

Things to know for the Self-Employed – PART I

I am so grateful to have had such a positive response from my blog entries with questions ranging from taxes to daily money management tools! Keep them coming! Today, I’d like to focus on the first installment of tips regarding being self-employed and paying taxes. There are a couple different ways to be classified as “self-employed”. You’re either: A. You carry on a trade, or business, and operate as the sole-proprietor or independent contractor. B….

Which IRS deadlines apply to you?

Which IRS deadlines apply to you?

Have you started preparing for tax season yet? Check out this blog entry for our detailed list of important deadlines now through April 15th! January 15th– This was the deadline to pay your 4th quarter taxes for 2012. Want to avoid the penalty of a late payment? You’re in luck! If you can pay in full, the IRS extended the date to January 31st. Make sure to take advantage of this! January 30th– IRS will begin…

I got a fever, and the Only Prescription is a Better Bookkeeper!

I got a fever, and the Only Prescription is a Better Bookkeeper!

Are you experiencing bouts of faintness, specifically triggered by too much time spent on Quickbooks? Is your head simply not big enough for all the hats you’re donning within your company? Do you wish you knew when you could afford to take time off to go fly-fishing with little Johnny? Many who experience these problems seek the help of shrinks to deal with the negative effects of being overwhelmed by disorganization, poor record keeping, and…

Holiday and Everyday Savings!

Holiday and Everyday Savings!

Whether it is saving once a week at the grocery store or to finish up your holiday shopping on a budget, we want you to be prepared to challenge the system of mass consumerism! #1. Make a list and check it twice! To avoid the attraction of sparkly ad campaigns drawing you to impulse-buy, make a weekly list before you go to a store, and stick to it! Not only does this help reduce frivolous…

Cha-ching! Cha-ching! Cha-ching!

Cha-ching! Cha-ching! Cha-ching!

Let’s get ready for the 2012 tax year! It is a good time now to start thinking about few areas that can save you money in 2012 tax time. Let’s start with the simplest one of all, open an individual retirement account or contribute to an existing one. If you are in the 20% tax bracket, the maximum contribution of $5,000 can save you up to $1,000 in tax liabilities. Donate to qualifying charities organizations…



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