Business & Strategy

As a tax professional and Eric’s trusted advisor for over two decades, I have had the privilege of hearing his story firsthand. In the world of customer service, horror stories like the one Eric experienced at the optometrist’s office can easily make or break a business. The importance of exceptional…

In today’s competitive business landscape, customer service has emerged as a critical differentiator. It’s not just about being polite or responsive; it’s about understanding your customers’ needs, exceeding their expectations, and making them feel valued. A well-executed customer service strategy can significantly increase profits, retain existing customers, and attract new…

Understanding the ins and outs of business costs is like unlocking a treasure trove of financial success. It’s the secret sauce that determines whether a company thrives or struggles to stay afloat. Whether you’re in the world of book publishing or the restaurant industry, the principles remain the same. Let’s…

In most industries that provide services, sales and use tax isn’t typically applied. However, in the majority of sectors that focus on sales, such as retail, sales and use tax becomes relevant. This form of taxation falls under the jurisdiction of each state’s Department of Revenue Services, who sets the…

In the world of business, we are constantly seeking ways to gain an edge over our competition, improve our skills, and reduce our costs. As America’s Most Trusted Tax Strategist, I’ve spent countless hours poring over tax laws and identifying the best strategies for my clients. One of the most…

Several years ago, a renowned pastor shared an unconventional piece of advice with his peers, many of whom were managing small to medium-sized congregations. He advised them to “Buy the best equipment that your money can buy.” It was surprising to hear such emphasis placed on top-tier office equipment rather…

The journey of self-employment is a path of independence and autonomy, but it also comes with its unique set of challenges. One such challenge is understanding and managing your tax obligations. As a self-employed individual, you are both the employee and the employer, bearing a dual responsibility that extends to…

When it comes to managing your finances, clarity is critical. And if you’re a business owner, this clarity becomes even more critical. Today, we will discuss an aspect of financial management that’s often overlooked but exceptionally vital: the importance of maintaining a separate business bank account. A business bank account…

Owning rental properties is more than just a source of passive income. It’s a strategic move that can yield significant tax-related benefits, helping you to optimize your financial growth. This blog post will delve into the various tax deductions available to rental property owners and how to leverage them effectively.…

Proper documentation is essential to staying compliant with the Internal Revenue Service (IRS) and maximizing tax returns for individuals, businesses, and non-profit organizations. Use the tips in this blog to create your best practices for keeping accurate records to help you stay out of audits and maximize your profits. Keep…