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Celebrating Freedom-Happy Birthday America!

As we celebrate America’s Birthday today, it’s hard to not think about the word Freedom. According to Dictionary.com, Freedom is “the power or right to act, speak, or think as one wants without hindrance or restraint.” For me, freedom applies to many areas of my life. First and foremost, I’m thankful for the freedom I have in my relationship with Jesus.  Without Him, I would not have freedom from sin. This doesn’t mean I never sin…I’m only human after all and sin every day.  But, because of what He did for me, I know when I confess my sins, He

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Our office flooded…in the middle of tax season…

Insurance is one of those things you don’t realize you need it, till you need it. Case in point, February 2021.  The year of the big winter freeze in Texas. To say we weren’t prepared was an understatement!  What a nightmare! We were fortunate that we had a generator for our home, so we didn’t have any major issues there. But….our office was a different story…we lived @ 20 minutes from our office and were not able to check on it till 3 days into the freeze. And this is what we discovered as a result of busted pipes…. In

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Discovered some great tools this week!

I’m always looking for ways to save time and make my life easy, especially when it comes to being an entrepreneur.  This week was one of those weeks where I kept discovering new tools/programs, so I thought why not share the wealth?! So below are the newbies. I hope you find them as helpful as I have. Linktr.ee – it’s just what it sounds like…it’s a link to your digital footprint.  You can include links to your websites, social media accounts, blogs, email…pretty much anything you want. You can also include your picture.  So, instead of having to share a

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How Long Should You Keep All Those Records???

One question that I get asked a lot is: How Long Should You Keep All Those Records??? Tax returns and supporting documents: Personal-At least 3 years from the date you filed the return (that’s how long the IRS has to audit you, unless they suspect fraud, for which there is no statue of limitations.) However, we recommend you keep for at least 7 years. If you have digital copies of everything, then keep indefinitely. Business-Same as personal Any correspondence/information returns you receive from the IRS need to be saved indefinitely (for example-EIN number, S Corp election acceptance letter, change of

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Understanding the Life Cycle of Your Business

Today I’m going to talk about the life cycle of a business and how to get the most out of each cycle while also extending the lifespan of your business. The four different stages of a business life cycle are: Infancy/Start-Up Adolescence Growing Pains Maturity We’ll talk a little about what each of these cycle’s means and how they can each help expand your business’ lifespan. Infancy/Start-Up This is generally considered the technician’s phase, which is the owner. At this point, the relationship between the business and the owner is that of a parent and new baby. There is an

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