It wasn't until I started my own business that I fully realized how much work it takes to wear so many hats as an entrepreneur. But the flip side is that's what makes it so incredibly rewarding! If you asked me five years ago if I could explain estimated taxes and stock basis, tell the difference between the EDD and the FTB, write over 3000 words a week in my free time, design … [Read more...]
Business Tax Tips To Save You Time And Money
Tax deadlines are creeping up, especially if you have your own business. Corporate tax returns are due by March 17, 2014 (Forms 1120, 1120A, 1120S). Hopefully you've already reconciled and closed your books for 2013 and are headed into the final stages of reviewing your federal and state returns. I like to file both my corporate and individual tax returns at the same time by … [Read more...]
What Breaking Bad Teaches Us About Business And Money
I just finished watching the season finale of Breaking Bad! Thanks to Netflix streaming, I watched the last several seasons over just a few short weeks, and eagerly plowed through part 2 of season 5 within a few days of it getting released last week. I had some fun conversations with friends about the show over the weekend and how it teaches us a few things about business and … [Read more...]
How To Negotiate Like A Pro
If you want to know how to get the best deal possible and learn how to negotiate like a pro, remember this simple acronym: BATNA. Imagine yelling "BATNA!" in excitement as you bat a home run out of the park to help you remember the acronym. BATNA stands for Best Alternative To a Negotiated Agreement. I've used BATNA to save a couple hundred thousand dollars in the purchase … [Read more...]
All Too Common Mistakes To Avoid At Work: Don’t Be THAT Guy
Have you ever done something so stupid at the office you just want to kick yourself? We all have! There are a lot of common mistakes to avoid at work simply by being aware of what could happen and being more careful. While newer employees tend to make more mistakes due to lack of experience, that doesn't mean you're safe if you've been on the job for a couple years. And even … [Read more...]