by Breoncpa | Jan 18, 2021 | Accounting
The IRS has announced that it will start accepting 2020 individual tax returns on February 12th. As of right now, your tax return is still due April 15th. There are a number of things that will be different this year and some things you will need to keep in mind. If...
by Breoncpa | Dec 15, 2020 | Accounting
Suppose you suspect an employee has committed fraud against your company. What do you do? Fire him/her on the spot? Probably not, since that could make the situation much worse, especially if you’re wrong. You also don’t want to tip your hand, because that could...
by Breoncpa | Dec 10, 2020 | Accounting
How responsive is your business to changes in market trends? Are you effectively keeping pace with changes in technology, lifestyles, fashions, taste, and modes of communication? Or have you been blind-sided by changes you didn’t see coming? Given the speed at which...
by Breoncpa | Aug 6, 2020 | Accounting
Everyone likes to have cash on hand. There’s a sense of security you get knowing you have money in your pocket. But when you run a business, you want your money working as hard as you do. And too much cash sitting around in an account for too long is definitely...
by Breoncpa | Aug 4, 2020 | Accounting
For an investor, a limited partnership is often an attractive proposition. If you like the business plan, believe the public will demand the goods or services, and trust the competency of the general partner, being a limited partner is an easy gig. You invest so much...