“It’s how you play the second half” ~ Keith Cunningham. The first half of the year is over. It’s halftime, and you’re in the locker room with your team. What feedback and coaching will you give them for the second half? How is your cash flow, customer base, team spirit, processing system, delivery of what…
Organizing and Reviewing Your Records The tax deadline of April 18th is now behind us, summer is just around the corner. Now is the opportune time to “Spring Clean” by organizing your recordkeeping, audit trail process, and record retention procedure. Below are a few items to help you be prepared: Having an audit trail is…
With our world being more inter-connected with technology and identify theft becoming more prevalent, monitoring your personal information for potential fraud is vital. Below are resources on why freezing your credit report is so important and steps you can take to protect yourself today. Resources: Why you should put your credit report on ice…
At the end of 2020 the stimulus legislation passed a provision that removes the 50% limit on deducting business meals provided by restaurants in 2021 and 2022 making those meals fully deductible. Food and Beverage Expense In general, the ordinary and necessary food and beverage expenses of operating your business are deductible. However, the deduction is…
