Posts by elitecpas
Search our site like a pro!
Answers – It’s what clients pay for and it’s what make your customers happy as well. We’ve designated this page to help you get answers and, when necessary, the knowledge to determine if you need to ask more detailed questions. We suggest that, in addition to your search terms, you pick an item from the…
Read MoreHire a Vet? Time is running out for tax credit.
Employers Need to Act Soon to Get Expanded Credit for Hiring Vets Special Edition Tax Tip 2012-11 Employers that hired unemployed veterans during late 2011 and early 2012 had an expanded period to request the required certification for claiming the expanded Work Opportunity Tax Credit (WOTC). That expanded period ends on Tuesday, June…
Read MoreWow- that stimulus stuff is really working!
Look no further than this chart for proof of how little effect the stimulus money has on the price of GM (Government Motors). Ford took no government bailout while GM took billions of your hard-earned dollars. I would say that it’s not much of a return on the taxpayer’s investment. It’s good to remember that except…
Read MoreFree and secure internet storage for our clients!
One overlooked feature of the internet portals that we provide to clients is their use as a secured storage vault. You may have noticed the icon that looks like a bank vault under the File Exchange section of your SCA portal. We suggest that this vault be used as storage for a copy of…
Read MoreIf the census people were honest . . .
This is what they would say . . .
Read MoreWhy budgets have no value
You heard us right-they have no value. Jack Welch the brilliant CEO of General Electric agrees with me (don’t confuse him with the current clown at the head of GE). Welch did away with all the wasted weeks of the budget process and focused on creating projections instead. He then held the departments accounting to the projection of income and expense that they participated in creating.
Read MoreTurn off the TV and watch some moving images that will save you time and dollars
It’s not as entertaining as Hawaii Five-0, but our suggestions just might add a 0 (zero) to your cash flow or net income. (Click the slide for details.) For a bigger TV screen (click here). [SlideDeck2 id=1947]
Read MoreWill Smith becomes a capitalist
The text of this conversation is printed below. Will Smith: I have no issue with paying taxes and whatever needs to be done for my country to grow. I believe very firmly that my ability to sit here—I’m a black man who didn’t go to college, yet I get to travel around the world and…
Read MoreIf we did Financial Statements like the White House and Congress . . .
We would simply overstate your net income by 384%! Not surprisingly, the White House and Congress speak of the yearly deficit in amounts of 1.3 trillion. However, if we use the same accounting rules that your business and my business are required to follow, the numbers change to roughly 5 trillion. Most financial…
Read MoreHow to use Facebook for Business
Most of us spend some amount of time on Facebook. Did you ever wish that you could better use your Facebook “friends” to grow your business? Wouldn’t it be great if there was a way to make someone your business friend without exposing all your personal posts? Look no further. Guest author and Excel expert…
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