Archives for March 2024

Let’s get real: It’s mid-March and January’s zeal for fixing all the broken things in your business has probably faded by now. Maybe you started the year with a bang, but the grind has set in and it feels more like, well, a grind. That new spreadsheet you created to track your goals isn’t enough to actually achieve those goals. And you’re still scrambling, just like last year. That may… Read More

No business management technique is sacred anymore. And rightly so. In my world, there’s been a trend in recent years with businesses moving away from traditional, fixed budgets towards more flexible approaches. I think that could be said for most tasks within business management. The ever-changing market landscape, economic uncertainties, rapidly developing technology, and the global scene are all forcing us to look beyond what our predecessors taught us. What… Read More

When I see relevant stats that my Fulton County business owner friends should know about, I’m going to share them with you. (You already know I’m a numbers person, after all.) But first, a quick note about end-of-month tasks. If you haven’t gotten all of last month’s expenses and income details over to my office,  you’ll want to get on that ASAP, so we can get reports to you on… Read More

Firstly — a quick reminder that we’re reaching the end of the month, which means getting your monthly reporting done.. Send us anything we’ve been asking for … by the 1st? 🙂 Second — Have you reported your Beneficial Ownership Information to FinCen yet? If not, and you own a business type that’s required to report this (verify that here), then it’s time to get on that. While you have until… Read More

The marriage of Real Estate and exceptional Tax Planning is your vehicle to financial freedom and getting the life you want. In fact, the best investment you may ever make could be tax planning…IF you have a collaborative relationship with the right tax team. Real estate is the most tax advantaged investment that you can make with your time and money, especially its immediate depreciation tax break, even when cash… Read More

A Tax Lot is the recorded details of a security acquisition. Each acquisition on different dates or with different prices represents a new tax lot. Tax lots show cost basis information for positions. By Tax Lot Matching investors can specify which specific shares of a stock or mutual fund are sold, in contrast to the IRS default of first-in, first-out (FIFO). Huge tax savings can be achieved via Tax Lot Matching when… Read More