Category: Finance, Accounting, and Taxes
George Troy joins Jim Blasingame to reveal that your product and price have to be in balance with the other market factors, plus why you have to prepare for when a more conservative operating approach is required.
Jim Blasingame discusses the imperative of financial management and how it will overcome other shortcomings in the quest for sustained business success
Jim Blasingame reveals Financial Mystery Number Four, which is the relationship between A/R Days and A/P Days, and Mystery Number Five, which is that Cash is more imperative today than profit.
Jim Blasingame reveals reveals that Financial Mystery Number Two is that you can be profitable and not be cash positive, and Number Three means that the cash in hand isn’t profit you can spend.
Dan Pilla joins Jim Blasingame to reveal some of the good and the bad elements of the recent tax bill for small business, including a tax cut that came with a lot of tax compliance complications.
Dan Pilla joins Jim Blasingame to reveal some of the tax implications of the different ways you can legally structure your business entity.
Dan Pilla joins Jim Blasingame to reveal that when you trade currency – crypto or otherwise – and make money, that becomes a taxable event and the IRS will come after you.
Eva Rosenberg joins Jim Blasingame to report that the IRS is turning to private contractors to collect back taxes, but there is a protocol for those contractors that you should know before you respond to any IRS inquiries.
Eva Rosenberg joins Jim Blasingame to report on the various small business tax-deductible retirement plans available from the government, and how to decide with is best for you.
Eva Rosenberg joins Jim Blasingame to report on the key dates for filing tax returns, and what you have to do to stay alive if you miss an IRS drop-dead filing date.
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