Insights on business finance and tax planning for entrepreneurs and business owners in Roanoke, VA and beyond. Learn strategies that improve cash flow, reduce taxes, and strengthen financial decision-making.
“Free advice is often overpriced.” -- E. C. McKenzie In the age of the internet, it is increasingly easy to find advice and information on…pretty much every topic. I love…
Originally published November 11, 2013 “Necessity is not an established fact, but an interpretation” - Friedrich Nietzsche I love my job. As dry as accounting seems, I find it fascinating. You…
Originally published September 23, 2013: Okay, maybe it’s not a tax deadline in the strictest sense of the word, although there are some important cut-off dates coming up as early as October 1…
Originally published August 26, 2013 Small business owners have always been subject to greater IRS scrutiny than other taxpayers. The lack of reported, irrefutable documentation combined with business owners’ tendency…
Originally published August 20, 2013 “Debt is the slavery of the free.” – Publilius Syrus I’m a firm believer that every business can benefit from a certain amount of debt. Borrowing…
Originally published August 6, 2013 Ted: What if I don't think of the books? Robin: Excuse me? Ted: There's this famous architecture story about this architect who designed this library. It was perfect.…
2025 Update: while all of the information in this article is still valid, we have done a much more in-depth discussion of the issue that can be found here. Most…