Part of putting together an effective tax management strategy is gaining an understanding of what you can and cannot deduct from your tax return.   I see business owners that make mistakes every single day.  Every …

Forming a new LLC, S-Corp, or C-Corp can be intimidating. Not only will you have to navigate the fees, taxes, and filing requirements, but also learn how to build credit history from scratch for this …

As the tax year ends and you scramble to pull together your year end tax deductions, people often ask us whether they can get  a deduction for using their automobile.  It’s important to understand these …

It’s that time of year to start thinking about your 2011 taxes and what moves you might be able to make to save in taxes!
Here are 5 ways to cut your 2011 business taxes:
1. Equipment …

With the high unemployment we have today in the United States, it is more important than ever to prepare financially should you be laid off from your job.  You should make sure you have a fresh …

Lessons one through nine of my entrepreneur series were lessons extracted from my own business and other business owners across the country over the past twenty years.   Undoubtedly in your first year of business, you …

I remember growing my career in management with a large Fortune 500 company when my Executive Vice President told me something one day.   He said, “Ted, execution is the one thing that separates the good …

One of the first things I heard when I got into management in my career is the phrase “you have to put the right talent on the bus”. While I understood its meaning, it took …

Since many new entrepreneurial ventures are often started on a shoestring budget, where you spend your financial resources can be a prickly situation.    Far too often, I see new business owners who in some sense …

I am not a professional athlete.  However, I would imagine that the rookie year on any of the professional sports circuits has to be daunting in nature.   Not only are you in front of some …