If You Want to Go Far, Go Together

If You Want to Go Far, Go Together

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There’s an old African proverb that says “If you want to go quickly, go alone. If you want to go far, go together.”   This was the theme at James, my son, and Lauren’s wedding last month. It was held in the shadow of Camelback Mountain in Phoenix, Arizona. I was amazed at the passionate support expressed from family and …

New Year Resolutions: A Checklist for Your Business

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Now that most businesses are gathering last year’s financial information it is a great time to review the results and make resolutions for the upcoming year.  To help clarify your resolutions I listed some choices. It doesn’t matter if you are focused on growth, profitability, or reorganizing the following checklist will provide options to consider. I promise to value my …

Giving to Others - Is Your Donation Tax Deductible?

Giving to Others – Is Your Donation Tax Deductible?

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With the holidays around the corner, you may be donating to your favorite charity. However, come tax time, there are rules regarding donations to gain a tax benefit. Did you donate to a Qualified Charity? Gifts to individuals, political organizations, or candidates are not deductible. To check the status of a qualified charity, taxpayers can use Exempt Organizations Select Check on …

Will this Christmas be Feast or Famine? [A Year End Guide]

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Christmas is here, just before the end of the year. Time to gather your information and you’re your taxes.  It is also a great time for business owners to take a deep dive into their financial results and make a plan for next year.  Your statements can provide clues as to what is working and what isn’t.  Here’s a quick …

Believe in Magic

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Beneath the stress and chaos of the holiday season you can find the magic. This is a time to rejoice and attend to matters of the heart.  Here are my favorite ways to experience the holidays… Cherish the gift of family.  We celebrated two weddings – one for Steve’s youngest Amber and Zach and my youngest James and Lauren. This …

Christmas Bonus this Year?

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Christmas is right around the corner. Business owners are assessing their current situations. They are looking at the taxes that will be paid, cash flow needed and determining how to show appreciation for the people that help them every day.  Sometimes it is easy, other times it is difficult to determine whether you give a bonus or not. Here’s a short …

Tax Planning Ideas

Tax Planning Ideas

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Now is the time get control over your tax situation. Learn what options are available to you. Plan to maximize your tax savings. Here are some great tips! It is very important to consider your personal and business circumstances before implementing any tips. Accelerate expenses or delay income. Many businesses pay their taxes on the cash basis, thus income is …

Family and the Holidays

Family and the Holidays

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I struggle with change. Change just takes time, sometimes more time and energy than I care to put forth. When things aren’t working I need to stop, take a step back, assess the situation, search deep inside to discover what I am trying to achieve and then make an intentional choice. Holidays are a test for me. For the first …

Cash Flow Forecasting - Defining Life for a Business

Cash Flow Forecasting – Defining Life for a Business

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Are you a business owner?  Like to improve your cash flow?  Need some tools to manage your cash? Every business operates on cash flow.  It is the lifeblood of a business.  Without cash the business dies.  A business with a healthy cash flow is much more enjoyable to run, increases the value of the business and reduces the daily stress.  In the …

Simple Rules for Life - Focus CPA, Inc.

Simple Rules for Life

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When I became a mom, decision-making became more complicated. My decisions didn’t just affect me—they affected my boys, two very dependent children in which I was responsible for. My original life plan didn’t turn out as I planned. I ended up being a single mother so I had to earn enough to live. I had to find a balance between earning …