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Mid-Year Tax Planning: Do You Need to Add an Entity?

Posted on August 15, 2008 - Filed Under Finance | Leave a Comment

Do you need to add an entity to your tax structure? This is such an important question for mid-year planning because knowing the right time to add an entity to your tax strategy can often save as much as $10,000 per year in taxes!

Do you need to add an entity to your tax structure?

This is such an important question for mid-year planning because knowing the right time to add an entity to your tax strategy can often save as much as $10,000 per year in taxes!

What entity should you consider adding to your tax structure?

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Meals & Entertainment: What Is Deductible and What Is Not?

Posted on June 25, 2008 - Filed Under Business | Leave a Comment

Probably the most common business deductions are meals and entertainment. However, people are often confused about whether the expenses are fully deductible, partially deductible or not deductible at all.

Probably the most common business deductions are meals and entertainment. However, people are often confused about whether the expenses are fully deductible, partially deductible or not deductible at all.

50% Deductible

The general rule for deducting meals and entertainment expense is that 50% of the cost is deductible provided the following requirements are met.

Requirement #1

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Work At Home Message Boards - Are They Helpful?

Posted on May 28, 2008 - Filed Under Ecommerce | Leave a Comment

Many work at home message boards exist to discuss ways to succeed in this business, but the information on them varies. Some advice is helpful, and some can actually leave you worse off than you were before encountering the message board. Be sure to think before taking an unknown person’s advice.

The internet is filled with work at home message boards with postings from many experienced business owners. However, you have to wade through the information to figure out which advice is the best for you

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Ten Locations For Quiet Reflection For Busy Professionals

Posted on April 7, 2008 - Filed Under Business | Leave a Comment

Increasingly we are all busy with our lives and we work at a hectic pace. Finding ways and times to just be quiet and contemplative is difficult. I know that I have to consciously carve out some time in my day for reflection and rest. When I do it, I have to resist the guilty feeling that tells me I “ought” to be doing something more “productive”. My most successful locations for quiet contemplation are:

1. The Beach – I am a lover of the ocean. The sound of the waves going in and out and the sea gulls calling to one another makes me feel peaceful and reflective. Sitting by the ocean is one way for me to quiet myself.

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