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Battle of the CPAs – would you pay two CPAs to find out who gets a better result?
This happened to me. Seriously!
I had a client that hired me to do his tax return, but didn’t tell me until I was done that he had also hired another CPA because we wanted to compare the results. (I still chuckle every time I think about it).Read More
Which saves you more taxes a C-Corp, S-Corp or LLC?
Okay, you should know by now that my answer will have to be ‘it depends’! I wouldn’t be a great CPA if it wasn’t.Read More
How I got a $2m tax refund by understanding the difference between licensing and selling your IP rights
The difference between licensing your IP rights and selling them can make a huge difference when it comes to taxes. When you license your IP, you will typically pay ordinary income tax rates on the royalty income. However, when you sell your IP, it is commonly treated as capital gains…which can have significantly lower tax rates.Read More
I get it, not many people like to get deep into number crunching.
And you don’t have to.
But, as the leader of your company, you do have to be responsible for the numbers, even if you don’t crunch them.Read More
CEO-Business owners often start-out doing it all themselves, and as they get results, they realize the necessity of bringing on a team to take them to the next level. But not just any team – a team that is extremely dedicated, craving success and surpassing expectations at every chance. That’s every CEOs dream team.Read More
The problem most CEO-business owners face when working toward the magic million is they lose control over the efficiency of their company. When you first get started you probably did it all yourself. This worked to get you up into the six-figures, but even with a team on board, if you don’t transition into the mindset of a Million Dollar CEO, you may still be acting like an employee in many ways (all hands-in the business, not hands on-top-of the business).Read More
The days of spending thousands, and even millions, on advertising with no way of measuring the results are over. Today’s marketing efforts are moving toward results-based payments, such as affiliate marketing and strategic alliances…but what about tomorrow?Read More
A CEOs who start businesses that are now getting some traction, often find themselves stuck in the operations, years later, still trying to figure out how to get over the million dollar mark and get out of feeling like an employee.Read More