What were your thoughts when you heard about the failures of Silicon Valley Bank? As this situation develops, many businesses will experience how other companies’ financial strategies and economic fluctuations can affect businesses. As you listen to thought leaders, you may conclude that business planning, development,...
Is something off (performance worse than usual) in your business? Review the below list of challenges to assess your business: The Organization’s ability to continue (e.g., pay creditors, rent, payroll, etc.) as a going concern is doubtful. Flaws in your business’s operation like bottlenecks in...
Are you aware that CEOs of Fortune 500 companies hire people smarter than them? One common myth about owning a business is that you can operate it alone. Consider how a CPA can help your business increase in value: Blended roles as an outsourced team member....
Within the year 2020, Tax Twitter came together with their smarts, due diligence, humor and sarcasm. The CARES Act gave them plenty of words to read. The divergences of 2020 amplified the interactions between members to include encouraging words such as you can do it...
The 2020 tax season ended on July 15. However, the tax year is in full effect. Most taxpayers account for their self-assessment tax obligation within a calendar year (e.g., January - December). Below are a few suggestions (limited scope) on how to prepare for the...
This event involved one-to-one mentoring with approximately 10 rounds of 7 minute sessions. The atmosphere in the room was about encouraging each other and being our best selves. I was privileged to have 8 sessions. A special mention goes to the high school student who...
Tax Twitter is a group of generally like-minded people who discuss tax and other related topics online. Within #TaxTwitter you may also find jokes, opinion polls and a few say whats? One takeaway is that Tax Twitter is a community of folks who may know...
Women in the workforce. These words can be controversial. However, the Birmingham Business Journal and other organizations has chosen to highlight the extraordinary talent of many professionals including women. Their Birmingham Women To Watch event builds community, friendship and salutes women who are making major...
Studies show that it takes time (e.g., at least 2 months) to form a habit and takes longer to break a habit. An entrepreneur is exposed to many new concepts within his/her/they journey within the free enterprise system. Most entrepreneurs are familiar with the requirements...