All Entries in the "Troubleshooter" Category
Surviving the IRS Employer Tax Crackdown
As budget deficits go stratospheric, the federal “tax gap” is once again a hot topic in Washington. The tax gap is money the government believes should be paid in taxes, but isn’t. So bureaucrats are beefing up enforcement of existing rules or implementing new ones created by Congress, forming a new gauntlet of compliance requirements [...]
7 Profit-Boosting Pricing Secrets
Profit margins and pricing are often misunderstood. Many entrepreneurs assume that price increases put them at an automatic competitive disadvantage. But pricing consultant Rafi Mohammed argues that small, strategically targeted price increases can actually give a company a competitive edge. The key is to bridge the profit disconnect. Business owners often view pricing as a [...]
Self-Employed Tax Traps
Self-employment is a terrific opportunity to be your own boss, do something you love and build value over time. Being your own business also brings with it a unique set of tax advantages and tax pitfalls that you need to know about. For example, you’ll need to pay your own FICA taxes and take charge [...]
