Archive for November 2019
The Entrepreneurial Operating System: Six Steps to Success
How working with a business advisor who lives by the EOS can benefit your business Running a business has ups and downs, wins and losses, good days, and, well, terrible days. You may often wonder why you started your own business, and sometimes why you didn’t do it sooner. These are all normal swings that…
Read MoreA Basic Tax Guide for Nonprofit Organizations
Nonprofits, while tax exempt, still have to file all the proper information with the IRS to clearly highlight their finances and programs It’s well-known that many nonprofit organizations are exempt from paying various federal income taxes under the IRS tax code section 501(c). However, this doesn’t mean that they have no responsibilities when tax time…
Read MoreWhat Businesses Should Know About Charitable Contributions
In a perfect world, all charitable donations by businesses would be tax deductible. Unfortunately, there are caveats that entrepreneurs must know It seems like tax law is always changing. As an entrepreneur, you’re tasked with keeping up so that your business follows all regulations while making sure you understand all of the tax breaks available…
Read MoreHow the Tax Cuts and Jobs Act (TCJA) Impacts Small Businesses
Operating a small business is a challenge, and under-the radar tax changes can make things all the more complex. Here’s what entrepreneurs should know to avoid any costly mistakes In 2017, the Tax Cuts and Jobs Act (TCJA) was enacted, bringing changes for both businesses and individuals in the 2018 tax year and beyond. As…
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