July

July 3, 2018

How do I calculate self employment taxes?

The IRS will charge you penalties if you do this wrong, so this question I received should be at the top of your list of ones to know the correct answer to. “Hi Russ, One question I have as I try to figure out […]
July 3, 2018

What should I do when I get audited?

Hi Russ, I’m in the middle of an audit and I’m supposd to meet the auditor in person this week. I don’t feel prepared but I know my business better than anyone so does it make sense for me to go? Thanks, Amy You […]
July 3, 2018

How to avoid failing in business

Bookkeeping dates back to 4000 BC and is an essential function of a successful business. Warren Buffett says  “… you have to understand the nuances of accounting, it’s the language of business and it’s an imperfect language”.  It’s imperfect because it needs to be translated […]
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