Believe it or not, there are ways to convert taxable incomeinto non-taxable income, without any fear of an IRS audit.Here's one of my favorites. It's been part of ourtax code for over 30 years, yet many still don't takeadvantage of it.What am I talking about?The IRA -- Individual Retirement Account.Now, before you say, "Oh, I know all about that one; what'sso great about an IRA?", give me 10 minutes to explain 3 newbenefits to the IRA rules that...more
How many times have you heard: "You've got to drop your price by 10% or we will have no choice but to go with your competition." "You will have to make an exception to your policy if you want our business." "I know that you have good quality and service, but so do your competitors. What we need to focus on here is your pricing." "I agree that those special services you keep bringing up would be nice, but we simply don't have the funds to...more
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Year-end Tax Planning Deserves Year-around ConsiderationThe reason so many IRS deductions go unclaimed - business owners don't know about them. Or they don't know about them early enough in the year to collect necessary information as they go along. As a person running your own operation, tax consequences need to influence how you conduct business,...more
Celebrities and high-ranking political officials make a concerted effort to craft their reputation shouldn't you? Everything from the way they dress, to the words that they use, the things they do, the places they are seen, and the people they associate with are all orchestrated to build their reputation. A good reputation is difficult and time consuming to build. Once established, it must be maintained and can be used as currency to open doors of opportunities for yourself and others. Unfortunately, your reputation can be easily destroyed and once tarnished it is near impossible to rebuild back to its original status.Although you cannot control everything that is said about you, there are a few decisions you need to make to manage your reputation. What kind of reputation do you aspire to have? Think in descriptive words- dependable, honest, diplomatic, polished, etc. Then consider what actions you must take on a regular basis to become that descriptive word.Know the reputation you currently have. Are you known as a go-getter, a gossip, a problem solver, a whiner, a slacker, or a kiss up? What do you do on a regular basis to maintain or discredit this opinion of you? How do you...more
The busiest month of the year is looming, you've three admin projects outstanding and one of your staff has just handed in their notice... You'll now be working late for weeks! There must be another way?Unlike the US where it is commonplace, few...more
One can buy mobile phones from several places, and the Internet is the fastest growing way to buy cell phones. Here are three simple reasons why buying anything online makes sense.The mobile phone has become a device that is used by...more
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Online Branding through Reputation Management The instances of brands opting for reputation management services are on the upswing. You will find that more brands are going for online reputation management these days. They have serious...more
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