Building your nest egg means growing your wealth in the most effective way possible. If you are not automated for optimization (AFO), then you are throwing your cash away. What does this mean? It means setting up your finances in a way that clever strategies are being executed for you. All without a lot of micromanagement on your part.... continue reading →
There are a multitude of factors involved in a starting a nonprofit organization. The process can seem overwhelming. Especially if you’re not as concerned with numbers, charts, and graphs. Instead, more concerned with the cause and purpose behind your organization. In addition to regular business concerns, there are also factors involving the registration and certification of your nonprofit with... continue reading →
It has been said that the business of America is business. Besides this borderline-tautology, the truth is that the business of America is also automobiles. Maintaining finances, bookkeeping, management, and tax resolutions are important for any dealership, factory, or larger center. When it comes to day-to-day accounting for small business owners, efficiency is key. The man or woman who... continue reading →
It has been said that the greatest treasure is knowledge. This is especially true when the knowledge gained helps you keep your treasure. The IRS Fresh Start program is an IRS initiative. Itpotentially benefits a given taxpayer in a number of ways. The Fresh Start initiative isn’t necessarily about creating new mechanisms. But it is about supplementing and enhancing existing options... continue reading →
It’s generally not ideal to have to file amended tax return. There’s nothing quite like the shocking discovery that the one event of the year you look forward to least—tax time, is not nearly as over as you thought. It’s sort of like discovering that there’s an epilogue to the M. Night Shyamalan film you’re watching. Fortunately, unlike Shyamalan,... continue reading →
Apart from being a bloated bureaucracy and a problematic necessity, the government also has its merits. And this is regardless as to whether one accepts that premise or not: a treasure trove of grants, benefits, and potentially advantageous certifications await those who seek them. You just have to make the right efforts to meet the given requirements. Are you... continue reading →
A quick Google of “Business Plans Washington DC” will yield a huge number of vendors in the area. Many promise business plan development for your start-up, nonprofit or ongoing business for a very small fee. These sellers are of mixed veracity and repute. There are a disproportionately large number of non-writers who would have you pay them. And what... continue reading →
Don’t skimp on the cost of accounting for your business. Whether your company cleans roofs, builds sheds, or sells hand-crafted art on Amazon, your business needs proper accounting. Small to medium-sized business owners are often forced to sacrifice huge chunks of their valuable time ineffectively. Valuable time is spent learning, understanding, performing, and reviewing their books. Accounting and financial management,... continue reading →
One tell-tale sign of a thriving company is the influence of a smart Chief Financial Officer on staff. This person carries the heavy burden (and even heavier salary) of managing budgets and advising on all matters fiscal. At Business and Financial Solutions, we’ve seen business rise or fall on the back of their CFO or accountant. Business owners rely... continue reading →
If you think you need help with IRS lien or levy, there are a few things you should know. For the average layman, all tax burdens may sound the same: debt, lien, and levy— whatever! It’s all a mush of bad news that Uncle Sam isn’t satisfied. The IRS wants there fair share, regardless as to where you are... continue reading →
