LIFT audit

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Is Your Small Business Being Audited? Stay Calm and Read On

Audits can happen to any business. Small businesses are no exception. The IRS can conduct an audit on your business when your tax filing contains questionable deductions, your business is of particular interest to the IRS or by random selection. Contrary to popular belief, being audited doesn’t necessarily mean you did anything wrong. And for [...]

By | March 9th, 2017|Legal Strategy|0 Comments

Are You Scrambling to Get Prepped for Your Taxes? Here Are Some Tips

While tax day here in the United States is not until April 15, if you own a business and you intend to follow the rules, you’ve already started scrambling. 1099s were due to your independent contractors February 1, and if you are filing an S or C-Corp tax return, it’s due March 15, and then [...]

By | February 2nd, 2017|Legal Strategy|0 Comments

Entrepreneurial Anguish: The Cost of Doing Business

Building a business empire, enterprise, or even just a start-up has its price. The image of the confident and charismatic CEO often falls short of reality. Before, during and after public visibility often comes personal self-doubt, anxiety and mental anguish. Many business owners don’t readily divulge the distress they feel because they don’t perceive it [...]

By | January 4th, 2017|Uncategorized|0 Comments

How to Approach Buying an Existing Business

Buying an existing business is a great way to hit the ground running in the world of entrepreneurship. Because an existing business already has a legal structure, employees, a customer base, and is making a profit, you get to skip over one of the most challenging aspects of owning a business - starting it. But [...]

By | December 23rd, 2016|Legal Strategy|0 Comments