Tax and Financial Consultant for individuals, corporations, LLC's, partnerships and estates & trusts. I also offer financial consulting for all areas of finance such as; retirement planning, debt consulting, and business consulting.
Even though Quickbooks is a very intuitive, inexpensive, and easy to use bookkeeping and accounting software, there are many areas where things can go off kilter. If one is not trained in bookkeeping or accounting, they may not find out about the problem until their tax preparer gets the file to do the tax return. […]
That was a fast month. Also a fast summer and fast year. Its already August and all those back-to-school commercials are on (hated those as a kid). Still little has been answered on the sunset of the 2001 tax cuts (set to expire after December 31, 2010), as well as what will happen to the
August Newsletter For Robert W Craig, E.A. Tax & Business Services Read More »
How Long Should I Retain My Tax Records? RECORD RETENTION SCHEDULES Type of Record: Recommended Retention Period Copies of tax returns: Forever Tax/legal correspondence: Forever Audit reports: Forever Contracts and leases: Forever Real estate records: Forever Corporate minutes and stock records: Forever Bank statements: 6 years General ledger and journals: 6 years Sales records and
There is a single mental move you can make which, in a millisecond, will solve enormous problems for you. It has the potential to improve almost any personal or business situation you will ever encounter…and it could literally propel you down the path to incredible success. We have a name for this magic mental activity…it
by Bob Craig The word ‘mindset’ has been kicked around a lot lately, so much so that I think we get kind of confused on what its role in our success actually is. Our current mindset is the accumulated result of our past to present thoughts, feelings, emotions, actions and habits. It’s the fruit of everything we’ve thought,
Hello, A couple of months ago I began playing with WordPress. I was going to use to do blogging but I found it could be used for much more. So I beat my head against the wall for two months trying to figure it all out, or at least enough to get a site up
Military Tax Tips Summer is a busy time for everyone, but particularly for military members and their families. Whether it’s moving to a new base or traveling to a duty station, members of the military have many obligations that could impact their tax situation. Here are 10 IRS tax tips military members should keep in
Mortgage Loan Alert: If you are considering purchasing a home, here is some news you need to know. If you know someone who is thinking of purchasing, please forward this to them as well. Banks are continuing to tighten up on their mortgage lending standards. On June 1st, Fannie Mae put the Loan Quality Initiative
By Robert Craig – www.BizCoachSite.com Sometimes being your own boss and running your own business isn’t all that its cracked up to be. Calling the shots, not having to answer to a crazy boss, making your own hours. Sounds good but the reality is, for most business people, it doesn’t quite work out that way.
If you may be planning to convert some or all of your IRA’s to a Roth this year, you must choose the same tax treatment for all of your conversions. An individual converting this year (2010) can elect to to defer the tax and report half the income on your 2011 tax return, and the