Blog
Year-End Business Tax Strategy for Richardson SMB Owners
There are many of our clients for whom this time of year is like their version of the Super Bowl. Some Richardson businesses are earning 30-50% (or more) of their yearly revenue in this one month.Others ... well, this is a normal month -- except of course for all of...
Bad Money Habits Keeping Richardson People in Debt
Today’s topic (bad money habits) calls for a little bluntness… a bit risky, I know, but necessaryfor any Richardson person finding themselves in debt to the IRS.And I’ll give a caveat here and say that what I’m talking about today has nothing to do with people in...
The Infrastructure Act and Your Richardson Business
Blink, and we're already into December.Which also means… 2022 is right around the corner.Are you ready?The reason I put this so starkly is that you and I have less than 30 days left to make a tangible difference on your taxes (business or personal).For your business...
Richardson Taxpayers: Dissipated Assets and Their Effect on IRS Debt Repayment
It’s easy for Richardson taxpayers to fall on the wrong side of tax debt when things are tough economically. But what about consistent negligence even when you have the money? Well, that’s another case altogether. And the IRS isn’t prone to playing nice or making...
Teresa Bilsky’s Thoughts on Being Thankful in Difficulty
“It was the best of times. It was the worst of times.” I think we can agree that Charles Dickens’s famous lines ring true when looking back at 2020 and 2021 (though “best” might seem like a stretch).With employees shifting their worlds to make room for new priorities,...
Richardson Business Owners: Beware the Sales Tax Nexus
If your Richardson business sells a lot online, then we’re coming into the most wonderful time of the year.And this year, your customers will probably shop your website (and elsewhere online) EARLY in order to bypass all those supply-chain snafus. Cha-ching for...
How Richardson Businesses Can Build a Quality Prospect List
How’s your client/customer list faring these days?If you’re like every other business around you, you’ve got some churn happening. People move, change jobs, experience a shift in financial circumstances … the list goes on. Even in predictable economic times (remember...
BFG Tax Help’s Rundown of the 5 Basic Business Entity Types
The shape of your business affects your future and when I'm talking about the "shape," I of course am referring to your Birmingham business entity type.Did you know that you CAN change that after the fact? Depending on which entity you are switching to, the process...
Employee Retention Strategies for Proactive Richardson Bosses
Your employees are happy, right? They’re never going to leave you ... right?They’re not looking for another Richardson job ... uh ... right?You know what the answers are: Maybe, wrong, and I sure hope not.Sooner or later, the advantage will swing back to you, the boss...