Tax Planning For Your Business
To start KEEP GOOD RECORDS. The best way to reduce your tax bill is to keep current financial records. To verify their accuracy, monitor the information on a regular basis.
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What Scares You?
Growing up in the country, one of the earliest memories involved walking through my grandfather’s barn. As a child, a cow seemed so intimidating.
Starting or Revitalizing a Business
Are you starting a new business or revitalizing an existing one? Think of the newly hatched sea turtle. The egg is buried in the sand on the sea shore, far enough away from the ocean to be safe from the tide.
Fall is in the Air
The days are getting shorter and the temperatures are getting colder. My garden is dying. Hummingbirds are migrating south. Kids are back in school. I already saw my first autumn red leaf that has fallen and football season is starting! Summer is disappearing and fall is peaking through.
The Grand Exit – Going for the Gold
RING, RING… I picked up the phone. “Mary, we can barely pay the bills. We haven’t gotten paid in three months. We have worked so hard and invested all our money into this business.
Manage Your Tax Bill
As the year is coming to a close, it is time to think about taxes. As a Business Owner, you put blood, sweat and tears into your business every day. Now is the time to understand your unique tax situation and how to minimize your tax bill.
What Are You Afraid Of?
There are the common fears – fear of failure, fear of acceptance, fear of dying, fear of public speaking. Then there are the phobias of flying, heights, snakes, bugs, etc. that list is endless.
Your Emergency Succession Plan
I just came back from a two-week vacation in Kenya. I was out of contact, exposed to wild animals, faced COVID and was flying half way around the world. This poses a risk to my business. What happens if I got sick or had an accident?
Resilience Rules!
Life throws obstacles in my way all the time. I am coming to the conclusion that my best plan of action is to be as resilient as possible. To be as capable as possible to bounce back from crisis.
What I Learned From Failure
My first high school math test I got a D. I later passed Calculus 1 and Calculus 2 in college. I didn’t let that first bad grade hold me back from math. I learned to overcome.
