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Corporate budgets, as well as household ones, are arguably one of the most important tools you can use. Creating a budget for your business will provide a guideline for expected income and expenses and enable you to compare your anticipated financial goals with the actual numbers. In essence, it will serve as a barometer for how your business is performing.” (Entrepreneur Magazine, 2009) Small businesses should go through an annual budget preparation/modification session to ensure that th... Read more

Have you received a phone call from the IRS informing you that you have an outstanding tax debt or balance due? Well, watch out. It could be a scammer trying to get your confidential information. Here is how you know you are possibly being scammed… The IRS will not: 1. Demand that you pay taxes without the ability for you to question the amount due, ask for documentation, or appeal the amount due. DO NOT offer ANY personal information. Instead, ask for proof to be mailed t... Read more