by GruffyGoat Team | Oct 25, 2012 | Uncategorized
A lot of people hate bookkeeping, accounting, and anything to do with numbers. But accounting serves three functions that are essential to your business. Accounting helps you to make smart predictions, know how to better allocate resources, and understand how to...
by GruffyGoat Team | Oct 23, 2012 | Uncategorized
You’ve heard of the scandals: Enron, Michael Milken, the subprime mortgage fiasco. These and many more scandals over the last 30 years owe their success to a shady use of the SPE, special purpose entity. An SPE is a legal entity that is separate from its creator...
by GruffyGoat Team | Oct 21, 2012 | Uncategorized
Tax law is complicated, and there are a lot of myths floating around out there. Listening to your father-in-law’s tax advice based on something he heard from his golf buddy probably isn’t the best idea. Forbes.com published an article debunking the...
by GruffyGoat Team | Oct 17, 2012 | Uncategorized
This is Part 3 of the 3-part series describing several rulings that were made in the last year that affect S corporations. Small Business Jobs Act of 2010 The Small Business Jobs Act of 2010 expanded the dollar amount of new or used tangible personal property...
by GruffyGoat Team | Oct 16, 2012 | Uncategorized
Yesterday we started a 3-part series describing several rulings made in the last year that affect S corporations. AICPA just published an article in The Tax Adviser that outlines what these rulings were and offers suggestions for tax planning in light of the changes....