How do you make sure that customers pay you what they owe?
Your money in someone else’s back pocket. That’s what your list of payments owed really is. And it’s one of the hardest areas in business to address, for a variety of reasons: - You feel bad...
View ArticleAccelerating or deferring income/deductions as part of a tax strategy
The arrival of year end presents special opportunities for most taxpayers to take steps in lowering their tax liability, and this can be addressed as part of a good tax strategy. The tax law imposes...
View ArticleAre you increasing your wealth?
Oooh, increasing your wealth. This is definitely a favorite! Much of the world really loves the idea of ‘wealth’. It often brings up images of money, piled high – perhaps, like in the recent Hobbit...
View ArticleClik here to view.
5 reasons why a ‘recovering accountant’ is great for your business
We are recovering accountants. There, I said it. We’re proud to say that we don’t fit the stereotype you might have of fussy, unhelpful, number-obsessed people in the accountancy industry. We very...
View Article6 smart budgeting tips for your small business
Your sales will rarely be constant over the course of a year. Seasonality around the time of holidays, vacation days, or winter breaks, means there will be peaks and troughs in your income – and that...
View ArticleHow do I? Substantiate meal expenses using the per-diem rate method?
An employee or self-employed individual is allowed a deduction for the costs of meals and incidental expenses while traveling away from home for business purposes. The deduction of these costs usually...
View ArticleEmployers, payroll providers prepare for accelerated filing deadlines
The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) accelerated the due date for filing Form W-2, Wage and Tax Statement and Form W-3, Transmittal of Wage and Tax Statements, and any returns...
View ArticleIRS responds to expanding sharing economy with new resources
The IRS launched new online resources for service providers and participants in the sharing economy. Advances in telecommunications have fueled the growth of the sharing economy. More and more...
View ArticleWhere are you right now? How to create a more profitable business
At Holden Moss, we love working with business owners who are going places – the people with fire in their belly and a real vision for making a success of their company. And the key thing that will help...
View ArticleHow do I improve my finances? Creating a more profitable business
Becoming profitable is what transforms your business from ‘just coasting’ to ‘driving at full speed’. And as we said in our last blog post, the first step in improving your profitability is stopping to...
View Article
