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8 Ways to Save (Tax) Money When You Make Money Selling Your Home

by Jillian
Posted on August 11, 2016
0 Comments
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

Most people believe they have to pay the taxes on gains from the sale of their home, but did you know there’s a good chance you may not have to?! Here are 8 tax facts to keep in mind if you’re selling your house this year: 1. Exclusion of Gain. “Gain” means the amount you[...]

by Jillian
Posted on July 9, 2016
0 Comments
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

Employee v. Independent Contractor – Know the Difference As a business owner you have options as to how you…well, run your business. You can either hire employees who basically have to do what you tell them to do, or you can hire independent contractors who get you the results you want by doing the work[...]

by Jillian
Posted on April 28, 2016
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in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

Are you like most people who have a “healthy respect” (aka nightmarish fear) of the IRS and have every receipt, every return, every writing implement ever used or needed for filing your last 35 years’ taxes? Has your filing system expanded from a drawer to a whole closet “just in case”? While that may be[...]

by Jillian
Posted on February 10, 2016
1 Comment
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

In a society incessantly bombarded by bigger, better, faster and keeping up with the Kardashians, it’s no surprise people everywhere – including the government – are literally drowning in debt. If you’re among those folks slipping out of their life jackets with the waters rising around you, your rescue is here! By following these four[...]

by Jillian
Posted on January 20, 2016
2 Comments
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

Do you imagine your wallet going on lockdown and your cabinets void of food when you hear the word “budget”? Is it another four-letter word you’ve trained yourself to avoid using when it comes to your finances? It’s been said if you change the way you look at things, the things you look at change. So[...]

by Jillian
Posted on October 21, 2015
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in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

Have you ever noticed how thoughts become things, especially when it comes to your money? Think about it: you’re already stressing over how to pay the bills you have when two more come in the mail and you get a $241 speeding ticket on your way to pay the cable company before 5:00. It happens every[...]

by Jillian
Posted on September 21, 2015
0 Comments
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

How to Use the 80-20 Rule to Increase Your Business Profits Have you ever asked yourself these questions: 1. How well do I know my customers? 2. Which ones are the most profitable? 3. Which ones take most of my time? It’s worth taking the time to find out. If your business is like most,[...]

by Jillian
Posted on August 17, 2015
0 Comments
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

One of the first decisions you face as a new business owner is whether or not to incorporate the business. The biggest advantage of incorporating is limitation of your liability. Your responsibility for debts and other liabilities incurred by a corporation is generally limited to the assets of the business. Your personal assets are not usually at risk, although there[...]

by Jillian
Posted on July 23, 2015
0 Comments
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it’s a bad credit record or bankruptcy resulting in the loss of assets and even your home. If you’re in financial trouble, then here are some steps to take[...]

by Jillian
Posted on June 10, 2015
0 Comments
in Budgeting, Cash Management, Financial Health, Profit First, Quickbooks, Taxes

There are many ways to make your business more profitable, and sound credit policies are high on the list. The current slowdown in the economy is a good reason to reexamine your company’s policies. Keep the following items in mind as you review your policies. 1. Don’t be so eager to sign on new customers that you[...]

debt relief

8 Ways to Save (Tax) Money When You Make Money Selling Your Home

Employee v. Independent Contractor — Know the Difference

To keep or not to keep…those tax returns!

5 Tips to Living Within Your Means

Budgets: Friends, not Foes

7 Tips to Greater Wealth

How to Use the 80-20 Rule to Increase Your Business Profits

How to Know if You Should You Incorporate Your Business or Not

5 Ways to Improve Your Financial Situation

5 Tips to Reviewing Your Business’s Credit Policies for Greater Profitability

Get Started Today Download the 5 Core Chapters of the Book Profit First

Avoid the Top 10 Bookkeeping Mistakes

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