According to Sheila

The Other 364 Days It’s hard for me to transition from “gobble-gobble-gobble” to “Ho-Ho-Ho” quickly. Feeling off balance is easy on the monetary roller coaster ride between Thanksgiving & New Year’s Day. Businesses don’t want to ‘miss the boat’; Consumers don’t...

According to Sheila…

MOTHER NATURE Mother Nature is incredibly smart, but you need to look behind her mask. I already know which trees in my neighborhood start changing colors first and the ones scheduled to become breathtakingly beautiful.  Historically, I resent the gusting October...

According to Sheila…

Columbus                 We shouldn’t be so hard on ourselves when business isn’t going according to plan.                 Remember – Columbus Day is still on everyone’s calendar.                 This poor guy ended up on the wrong continent more than once, in a...

Accountable Plan

We use all our resources to bring you useful and up-to-date information.  This item comes from the The General Ledger. What makes a reimbursement plan “accountable”? Reimbursements to employees for tools and equipment used in the business are tax free when...

Tax Tip: HOME OFFICE EXPENSE

Is your business office in your home? Did you know that the IRS allows you to take a tax deduction for this?  There are however, certain parameters.  To qualify, the area must be used regularly and exclusively for business purposes.  It should also be a clearly...
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