The Business Expo Is Here!

The Business Expo Is Here!

The Brunswick Chamber of Commerce annual Business Expo is this evening. It will be held at the new Brunswick firehall. Our firm has been an exhibitor for the last three years and each year it has been a great experience. This is a great venue to market a small local...
Don’t be Afraid to Raise your Prices!

Don’t be Afraid to Raise your Prices!

This morning I met with a small contractor to review his year to date results of operations and compute the income tax he should submit by Sept. 15th. During the meeting he mentioned how busy he has been and that he is turning down offers to look at more work because...
We can’t do it all…well

We can’t do it all…well

As business owners, we do our best to minimize our expenses while trying to maximize our revenues. Too often we become revenue-focused and pour the majority of our time and energy in to producing more revenue. This naturally leads to a decline in the aspects of our...
IRS to Audit More Small Businesses!

IRS to Audit More Small Businesses!

The 2018 IRS Forum was a valuable source of information regarding the upcoming tax filing season. Among the many tidbits I gleaned were issues of IRS concern relating to small businesses. The IRS has announced they are going to scrutinize such things as: personal use...
Can you afford to retire?

Can you afford to retire?

Since the end of tax season, I have met with two new clients who are considering starting their own businesses. We discussed the benefits and disadvantages of many aspects of self-employment. I found it interesting that neither considered having a pension to be of...