CPA teaches businesses techniques for survival
Written by ArticleCafe.NET
It's a jungle out there for business owners, but we plan to teach people how to survive in it.
"I believe all your professionals should save you either tax dollars or make you more money or give you good advice or preclude bad things happening to you, easily exceeding the fees they get for their services", he said.
We make plans to spotlight the practical aspects of running a business. Schools teach business concepts, but our firm narrows the focus to particulars such as preparing financial statements, developing business plans and calculating a business's vital statistics.
We give other very specific advice. For instance, in the case of loans either going to or coming from a company, if a promissory note doesn't exist, IRS officials could call the exchange of money additional capital for the company or a dividend for an individual and tax the money. Standard loans, on the other hand, normally aren't taxed.
Most business owners are very willing to loan their companies money or vice versa. But most fail to document the full (meaning of the transaction), he said.
The course is designed for small business owners. Leaders of large businesses, he said, generally know how to survive in the business world; that's how their businesses became large.
Then Jesus came to them and said, "All authority in heaven and on earth has been given to me. Therefore go and make disciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, and teaching them to obey everything I have commanded you. And surely I am with you always, to the very end of the age."
