SelfInformed

November 2016

  • Accomplishing The Impossible

    Nov 30, 2016

    “Nobody works harder than a small business owner. We work while sick, injured and overwhelmed by life.” My dad told me that when I was in high school and way too young to fully appreciate the depth of truth contained in that sentiment. Small business owners face struggles the 9-to-5er never dreams of, but you also reap rewards most jobs just can’t offer. It seems that holiday plans are the great annual equalizer when comparing your career advantages with your friends in the corporate world. With the Holiday Season in full swing, the savvy business owner wonders how to balance the clients’ and customers’ needs with personal time and family obligations. Below are a few thoughts and ideas that will help you achieve actual peace of mind during your time away by making a plan to manage the work pipeline, customer needs and employee actions during this already-hectic time of year.

  • Commonly Missed Deductions

    Nov 30, 2016

    Q: What Deductions are most commonly missed? A: As you probably know, most business deductions come right out of your business checkbook. Any expense that is incurred in the course of your business activity that is ordinary and necessary will be deductible in some form. Therefore, the first step is to make sure you have captured all the data from your business checkbook and any other expenses that were incurred even if you paid some of those from another account. Try to avoid paying business expenses with cash simply to make sure documentation is adequate. However, if valid business expenses were indeed paid with cash, the amounts are still deductible; just make sure you maintain adequate support for the expenditures.

  • Riding Self-Employment

    Nov 30, 2016

    Chris Lashua is the Founder and Director of Wheelwork Arts, LLC, a performance company based in Las Vegas, Nevada doing business as Cirque Mechanics. The company was founded in 2004 as a way to provide a unique brand of entertainment that encompassed theater, the circus, history and all things mechanical. Chris received a Growth Grant in 2010 to build a device to be incorporated in his shows. Cirque Mechanics has toured the U.S. theater arts markets, Canada, Mexico, Europe, Dubai and Hong Kong.

  • Republicans Control the White House, Senate, and House

    Nov 30, 2016

    The 115th Congress will not look so different from the 114th, the Republicans still hold the majority in the Senate and House, however, in what many perceived as a shocking election, the Republicans now also hold the White House, President-elect Donald Trump, will have a path and the support to enact many of his campaign promises.

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