Archive for November, 2011

The Top 10 Financial Controls Your Business Needs Most

November 17, 2011 @ 8:35 am posted by David Finkel (Taxloopholes.com Advisor)

1.      Have more than one person involved in any one cycle of money. This is an essential “check and balance.” Having two or more people sign off on all money flows and money cycles reduces temptation and makes fraud or theft less likely. Here are a few examples: Person A logs in checks and cash;  Continue

off   read more

The #1 Tax Savings Opportunity (& Pitfall) for S Corporation Owners

November 9, 2011 @ 11:49 am posted by Amanda Han CPA (Taxloopholes.com Tax Strategist)

I am sure you will all agree with us when we say that deciding which type of entity structure is best for your business can be a confusing and frustrating experience. There are various types of business structures out there where certain entities save you money in taxes while other types of entities cost you  Continue

off   read more

3 Time Tips to Increase Your Weekly Productivity

November 4, 2011 @ 7:11 am posted by David Finkel (Taxloopholes.com Advisor)

Plan your week. What are the 5 “bottom lines” that you must accomplish this week?  In other words, what 5 business items must you finish this week to have this week be a real victory for you?  What day(s) do you plan on working on them?  Block out the time at the start of the  Continue

off   read more