Insights on business finance and tax planning for entrepreneurs and business owners in Roanoke, VA and beyond. Learn strategies that improve cash flow, reduce taxes, and strengthen financial decision-making.
71 articles
August 24, 2018
Every year, I have (nearly) countless conversations with clients about how they can reduce their tax bills. And, obviously, that is a big part of the expertise we provide and the service for which they pay us. When we meet, at least half of the conversation centers around legal tax maneuvers they can make to reduce their […]
March 5, 2018
The recently passed business tax plan is the most comprehensive tax reform passed in three decades. As a business owner, here’s what you need to know:
February 2, 2018
“We don’t know what it was but we had it We don’t where it went but we lost it And it may never come back again but I sure wish it would We don’t know what it was but it sure was good” – George Jones and Tammy Wynette – “It Sure Was Good” A lot […]
December 29, 2017
Analysis of the Tax Cuts and Jobs Act (Trump/GOP Tax Plan) Congress recently passed the most comprehensive tax reform in three decades. And suddenly, I’m a popular guy. People who would normally cross to the other side of the street when seeing a CPA approaching them, or who would avoid me at parties – fearing […]
December 22, 2017
2018 Tax Calendar 2018 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. Take a careful look as and mark them on your own calendars: January 15th: due date to pay 4th quarter estimated taxes. January 31st: Due date […]
March 11, 2017
“Debt can be a very good thing. The calculations are pretty simple. Some people just seem to think I’m lying to them with math.” – Me (Micah Fraim) – just now People hate debt. It is almost universally viewed as negative – and in many cases with good reason. Certain kinds of debt (high interest […]
December 15, 2016
2017 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. Take a careful look as quite a few deadlines have changed this year! January 17th: due date to pay 4th quarter estimated taxes. January 31st: Due date to send […]
September 12, 2016
“I’ve gone into hundreds of [fortune-teller’s parlors], and have been told thousands of things, but nobody ever told me I was a policewoman getting ready to arrest her.” – NYC detective Small business owners are some of my favorite people. I talk with them every day and they can be truly inspiring. Most of them […]
January 4, 2016
2016 and all of its tax deadlines are upon us! Here’s a quick guide of the most important dates to keep in mind this calendar year: January 15th: due date to pay 4th quarter estimated taxes. February 1st: due date to send out 1099s and W-2s to recipients. February 15th: healthcare open enrollment for 2016 closes. […]
January 2, 2016
Over the past month I have been featured on a number of different publications. I wanted to archive the links to them here for any readers of the blog: MSN Money asked me and some other tax experts about tax breaks for specific professions Fit Small Business featured my advice on the caveats when putting […]
September 16, 2015
Over the past month I have been featured on a number of different publications. I wanted to archive the links to them here for any readers of the blog: MyCorporation asked me and other experts our best banking tips for small businesses Avalara featured on my advice on how to use customer testimonials to boost sales CEO […]
August 3, 2015
I have long espoused the importance of outsourcing your payroll to a professional. For reference, here is an article from last year talking about how expensive payroll mistakes can be. These mistakes are very easy to make and can cost up to 25% of the original tax bill! During the past couple of months I […]