We are so many business owners thinking they are fine because they have money in the bank. Then they realize they have been operating in the red month after month. Finances doesn’t come easy for many of us, but that shouldn’t stop us from making informative, strategic decisions for ourselves, our business, and the stakeholders. Finances don’t have to feel intimidating, invest on support and education to get you to the point where it becomes second nature. It is possible.
Why is a house a good investment?
Because it is one of the best ways to make a lot of money with very little money tax-free! You have a long term loan that will have a fixed interest rate. When you sell after two years the profit is usually tax-free as well!!! #herronhelps
Payday loans: a good idea?
Your daredevil kid breaks an arm, the car overheats and the house roof starts leaking. You need cash right away. Should you consider a payday loan?
Payday loan basics
Payday loans (sometimes called cash advance or deferred deposit loans) can provide short-term financing to help cover immediate needs. You can usually apply online or at a local storefront.
Here’s how it typically works: You write the lender a post-dated check for the loan amount plus a borrowing fee. The lender hands you a check and agrees to hold your post-dated check until next payday. When payday rolls around, the lender deposits the post-dated check or you extend the loan for an additional fee.
If you apply online, you’ll often be approved in minutes without filling out paperwork. In a few hours or days, loan proceeds will be deposited directly into your bank account.
Are payday loans a good deal?
It depends. Before you apply, consider three disadvantages:
Borrowing costs are high. The interest rate on a two-week loan is typically 15-30 percent. Extend the loan for a year, and you may be paying more than 300 percent in interest.
Some lenders are unscrupulous. Loan shops are popping up in many neighborhoods, and crooks sometimes use them to engage in identity theft.
Root problems are not addressed. Habitually relying on payday loans can exacerbate poor financial habits.
Before an emergency strikes, take time to explore alternatives. Cut back on unnecessary expenses. Ask family and friends for help. Build an emergency fund by working a second job or perhaps selling good-condition items online.
Bottom line? If you must, use high-interest payday loans as a last resort.
Is It Legal to Provide Accounting Services for Cannabis Businesses?🤔
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💵 Start your own cannabis accounting firm today
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👆Click the link in bio👆
🗣 TAX PLANNING must include a paycheck CHECKUP! Because with a possible recession looming you want to look 👀 at you tax withholding because paying federal taxes operates on a pay-as-you-go, and as a taxpayer you pay most of your taxes during the year you earn the income. ⠀
Being a taxpayer you should make sure that you’re having the correct amount of federal and state tax withheld from your paycheck(s). ⠀
It’s a great idea 💡 to do a Paycheck Checkup for these following reasons:⠀
1). Having too little withheld could lead to a smaller than expected refund.⠀
2). Having too little withheld could even lead to an unexpected tax bill.⠀
3). Employees who have too much tax withheld will see less money in each paycheck. ⠀
4). Having more money in each paycheck may be more helpful than getting a large refund when they file.⠀
As a taxpayer, you can use the IRS Tax Withholding Estimator to check your withholdings. ⠀
Most taxpayers should do another Paycheck Checkup even if you’ve already done one this year., especially if your personal or financial information changes due to a life event. Life events as such: ⠀
🦋 Having a baby⠀
🦋 Getting a new job⠀
🦋 Getting a raise at work⠀
For further details on the TAX PLANNING or assistance with figuring out if you’ve had the accurate amount of withholdings withheld from your paycheck according to your earned income to date GO HERE https://www.micahbyrd.com.⠀⠀⠀💚⠀
⠀⠀ #accountant#businesswoman#businesslady#bookkeeping#businessowner#businesssuccess#cpa#femaleentrepreneur#girlboss#iammicahbyrd#success#smallbusiness#sheceo#shesunstoppable#smallbusinessowner#taxguru#taxlady#womenentrepreneurs#womeninbusiness#financialfreedom#millennials#entrepreneurs#professional#b2b#businessstrategist#b2c ⠀
0 22 hours ago
Kolejna cudowna książka @aga_lingas_loniewska_author ❤️❤️ ⠀
▪️"Przyjął zakład, w którym stawką było jej uwiedzenie. Okazało się jednak, że wygrywając pieniądze, może stracić serce.
Bez miłości jesteś bankrutem, nawet jeśli masz wszystko.
Sylwia Kujawczak ma idealnie poukładane życie. Jest na ostatnim roku historii sztuki, po obronie dyplomu będzie pracowała w rodzinnej firmie. Za dwa tygodnie włoży ślubną suknię. Jej przyszły mąż pochodzi z równie bogatej i ustosunkowanej rodziny. Plan na idealną przyszłość jest dopięty prawie na ostatni guzik – jeszcze tylko wieczór panieński i ceremonia w rodzinnym dworku. Gdy Sylwia jedzie z przyjaciółkami do klubu, nie spodziewa się, że ta noc odmieni jej przyszłość.
Aleks „Cichy” Cichocki to młody mężczyzna, któremu do pełni szczęścia brakuje tylko miłości. Nie dostał jej od rodziców – matka go porzuciła, ojciec nie potrafił pokryć tego deficytu. W związkach z kobietami bierze, nie angażując się i nie dając nic z siebie.
Sylwia i Aleks poznają się na imprezie. Ona – delikatna, krucha, romantyczna. On – bywalec dyskotek, twardy i bezwzględny. Przyciągają się jak dwa przeciwieństwa. Sylwia jest zaintrygowana światem, do którego wcześniej nie miała dostępu. Aleksa pociąga jej niewinność.
Ona nagle zaczyna patrzeć na świat innym oczami. Czy zaaranżowane małżeństwo i życie zaplanowane przez rodziców to coś, czego naprawdę chce?
Jego zaczyna uwierać bycie macho, ale nie może przegrać zakładu, w którym stawką jest zdobycie zaufania Sylwii.
Let’s face it. Kids aren’t cheap, so you have to save money where you can. Back-to-school shopping is a good place to start because costs can add up quickly—especially if you have more than one child. Consider these tips for sending your kids back to school without breaking the bank.
Check out the tips on our blog. Link in description ⬆️and ⬇️ https://accountingrx.com/client-resources/blog/?/back-to-school-on-a-budget-4-solid-tips-to-save-you-money-29442
➡️ Small Business says bookkeepers are responsible for recording financial transactions. Accountants interpret, classify, analyze, report and summarize financial data.😍
➡️ company # 848 444 7276
When you started your business, I bet you didn't think 'yay accounts!' Well, good news.. you don't have to get excited about bookkeeping, tracking expenses and raising those invoices, because we can do it all for you!
Our clients love that they leave it all with us.. so why don't you too?
Call or Email us, we would be happy to talk things through with you and find the best fit for you and your business!
Today’s Challenge 🙌
Check your credit score and journal about how the number makes you feel
Does even the idea of doing this make you sick? All the more reason to do it! There are several options for obtaining your credit report for free online (Google it). ⠀⠀⠀⠀⠀⠀⠀⠀⠀
If you don't feel awesome about your score, journal about it and know that it's just a reflection of your past decisions, not a reflection of your worth.
You're awesome, you can do this!
yesssss, i’m baaaaaaack! & what did i learn in a week of being banned from Instagram?
welllllll, besides how crazy it made me to be silenced, to not be able to Like or comment or reply to any number of awesome images and messages for a whole week, this:
1. All i want to do is put some beauty and value out there.
2. And while I love this image-driven medium and how immediate it is, it's frustrating as hell that i can't control it, can be kicked out, locked out of it for no good reason.
3. so seriously, i'm going back to cultivating my email list and to growing the little audience that listens to me, not here, but directly, in their in-boxes.
So retro, right?
that doesn't mean i won't be on here sharing stuff, but dang, once burned, twice shy, ya know?
and what i'm gonna be talking about this week (now that i can) is that notion of VALUE. May everything we do add more of it to every interaction and opportunity we face. Also, duh: is not my grandbaby just the cutest on earth ever⁉️‼️⁉️
4 223 hours ago
Fall Busy Season is just around the corner for Tax & Accounting firms . . .
Mobile Massage Squad's 5-week series starts in September to help keep you stress free and focused
Hurry and Book your firm to guarantee your day of the week!
Need more hours in the day to grow your business? Achen Henderson helps free your time by automating tedious tasks, like data entry, so you can focus on your strengths. Book a no-obligation, 30-minute call and learn how we can help you grow your business. ➡️ #linkinbio
1 103 hours ago
Join our new Zyla Community! We are trialling a @slackhq channel www.zylacommunity.slack.com for our existing clients and anyone wanting to ask a quick accounting question - feel free to join here (please note - do not share confidential information through the channel!): https://join.slack.com/t/zylacommunity/shared_invite/enQtNzMxOTg2OTUxNzY1LThiODFjMzczNTE2Njk1MTlmMTgzMTFmM2RhMWQ0YmZlZGYzYmQ3YWNlNDVmOTFlNDIxYjE0YTUwNjdiNDMzNGY
A place to increase your Commerce knowledge!!! Daily Questions!
0 104 hours ago
Making Tax Digital for VAT
Thousands of small businesses missed the 7th August VAT deadline. This was the first quarterly return that needed to be submitted digitally as part of the UK’s new Making Tax Digital system implemented by HMRC.
Finding and using MTD-compliant software is one of the biggest challenges small firms have faced when transitioning to Making Tax Digital for VAT.
Delivering #accounting & #bookkeeping services is challenging because by their nature, the service is complex.
We're providing these services to businesses, which have many moving parts run by business owners going through many challenges themselves.
Problems occur & clients will complain about certain things.
It's easy for us to put the blame on the client for that because they don't understand the complexity of our service, or they've not given us the information that we need or you know what..... they're not even paying us enough anyway!!! However, that doesn't help anything.
In our firm MAP - we accept responsibility for everything.
That's not to say it's our fault or that we're to blame, but by accepting responsibility, it puts us in an enormous position of power where we're able to respond to solve that problem and to prevent that problem from arising with that client or with other clients again.
So we've developed the LADDER OF RESPONSIBILITY.
Watch the full video, and join in on the discussion on James Ashford 's post:
Happy 2nd Birthday POMteam! We are so proud of how much we have grown. Thank you from the bottom of our hearts to our team and clients for making this a possibility. Growing a business while helping others grow their businesses has been both rewarding and challenging. Our team and clients have honored us with their trust and surprised us with their commitment to making POMteam the best of the best. We are so grateful and are looking forward to all of the possibility year 3 holds for us!
“I got that sunshine in my pocket, got that good soul in my feet.” I was having a challenging day recently so to receive a little gift of appreciation in the post from a client was just the uplift I needed. Why? Because my advice potentially saved £4,000 and after all HR should be commercially driven.
I absolutely loved my HR job in a company and I miss that regular feedback and recognition on my work performance from management. I measure success in different ways now. Client retention and a high number of word of mouth referrals amongst other indicators.
And today when you get a gift on top of a paid invoice - that's a healthy sign for me! Renewed confidence. Renewed self belief. How do you measure your success in the self employed world? Selfie Versus Employed?
We've been laughing so hard all day... Who's seen the #kenyavsnigeria on twitter.
So so hilarious🤣🤣🤣, and also insightful. 🤓🤓..
More of the funny though 😂😂😂😂.
Hope you're enjoying your Saturday..💪💪
"To all the boys I've loved before" czytałam jakoś rok temu. 3 razy obejrzałam ekranizację. A teraz jestem w trakcie ponownego czytania tej historii, żeby w końcu zabrać się za "Ps. I still love You" ♥️ Jestem absolutnie zauroczona tą historią - zarówno książkową jak i tą filmową ✨ I już absolutnie nie mogę się doczekać drugiej części filmu 💓
Czytacie książki przed obejrzeniem ekranizacji, czy nie ma to dla Was znaczenia?
This podcast covers a lot but we touch on fear! This emotion controls us far more than we control it! Overcoming this emotion can be the do or die of dreams!
If you “KNOW” what you can do then do it already! So many people say “I know this can work but... (insert excuse here)!!
Drop the bullshit! Stare at yourself in the mirror and be honest with yourself and say I’m a wuss and don’t dare to do it!! Cause it’s the truth!!
It’s almost like your protecting your ego by saying you can do something but if you never really try you can’t ever fail! If you never try then you can always say “I could do that” and make yourself sleep better at night for never trying!!
This message isn’t for everybody! It’s for all the people who truly believe they CAN make something work but they’re letting fear hold them back!
If I told you if you moved past fear your life will be better no matter what would you do that thing?!! Well it would be but you’re too scared to try so it won’t make a difference.... Or will it?!!
The cool part is... YOU DECIDE!! 👊 #100to0#maxout#MaxOutCommunity#entrepreneurship#entrepreneur#facts#fear#money#mindset
TAPE Business Services were invited by national fitness company PureGym to give an hour-long talk on how we can help self-employed personal trainers with their own personal branding/marketing and business development. This talk was aimed at how traditional marketing is increasingly becoming more digital, the importance of personal branding and tips on how each personal trainer can specifically improve their own business model.