There is a difference between income and wealth. Tax returns aren’t about wealth — they’re about “income”, and how that is defined. Business owners and real estate investors have access to powerful tax advantages that wage earners do not … and wage-earners probably wouldn’t understand them. This is true for smart Atlanta business owners the world over. Or perhaps you’re considering STARTING a Atlanta business? Let’s talk about making that… Read More
Passing Down Your Atlanta Family Business
If we’ve learned anything from 2020, it’s that our best-laid plans don’t always turn out. As the great philosopher Mike Tyson once said: everyone has a plan until they get punched in the face. What is your plan for exiting your Atlanta family business? You need to have a direction. For many, it’s moving the family business towards a sale. But for many others, they want to see their work… Read More
A Few Helpful Tips for Atlanta Businesses to Win at Controlling Costs
So … I’m not sure if you knew this. Apparently, running a business is expensive. And controlling costs can be daunting. But despite whatever you might see from those gurus who are posing by their Lamborghinis in the Facebook ads … even the leanest Atlanta businesses are never 100% profit. Trust me — I’ve seen it all. Which is why I wanted to take a moment to write about this… Read More
Expense Reimbursement vs Company Credit Cards: What Atlanta Business Owners Need to Decide
If you’ll forgive me, I’m going to get pretty geeky today. You probably didn’t realize that there are actual pros and cons to expense reimbursement for employees, etc. or using a company cc. Oh my Atlanta readers, I’m going to take you down a little rabbit hole today, yes I am. Now, let’s dive into handling business expenses paid by employees. Expense Reimbursement vs Company Credit Cards: What Atlanta Business… Read More
Effective Financial Documentation Strategies for Atlanta Taxpayers
Today’s topic has the benefit of ensuring your Atlanta “financial fortress” is as airtight as it can possibly be, which has its own advantages. Ah, the wonders of financial documentation… Effective Financial Documentation Strategies For Atlanta Taxpayers “You get older and you learn there is one sentence, just four words long, and if you can say it to yourself it offers more comfort than almost any other. It goes like… Read More