Entrepreneurship To Our Clients and Friends: Entrepreneurship Ninety percent (90%) of all new business startups fail within the first five years. That statistic is 100% true and yet very misleading! Statistics My wealthiest client failed in four prior businesses. Each of his “failed” businesses contributed to that “statistically” accurate 90% failure rate, but he does … Continue reading E...Wed, Nov 24, 2021
Last night’s post was an accidental re-post of our November 5th newsletter, “Overnight” version 2.0 under the wrong title. Here is the sequel, expanding on the topic of Good Decisions. Good Decisions My most recent newsletter, “Overnight” version 2.0 (about becoming and overnight financial success) was one of the most read and shared of my recent publications. If …...Wed, Nov 24, 2021
Good Decisions I rarely scrap an entire newsletter and start over. This is the re-do. The newsletter in my trashcan was pretty good, but it focused too much on one client that experienced a one-hundred-fold increase in revenues from 2019 to 2021 (with no end in sight). That’s exciting. It makes for a fun story. … Continue reading Good Decisions →...Fri, Nov 05, 2021
“Overnight” version 2.0 I rarely scrap an entire newsletter and start over. This is the re-do. The newsletter in my trashcan was pretty good, but it focused too much on one client that experienced a one-hundred-fold increase in revenues from 2019 to 2021 (with no end in sight). That’s exciting. It makes for … Continue reading Overnight →...Mon, Jul 26, 2021
A Successful Tax Plan Monday was one of the best days I have enjoyed at work in a long time Two wonderful things happened on the same day. Even the timing was perfect: one celebration occurred in the morning and the other in the afternoon. The morning celebration was about the conclusion of a … Continue reading A Successful Tax Plan →...Tue, Jan 05, 2021
How COVID-19 Legislation May Affect Your Taxes The Consolidated Appropriations Act (CAA), signed into law Dec. 27, 2020, provides extensive relief in response to the COVID-19 pandemic, such as another round of “recovery rebate” payments to individuals and an expansion of the Paycheck Protection Program (PPP) for businesses and other employers. The legislation includes … Continue re...
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Newsletter from Steve Richardson & Company Certified Public Accountants July 11, 2020 Revive Alabama: COVID-19 Cash Grants for Alabama Small Businesses Dear Clients and Friends: This newsletter is of particular interest to our small business clients in Alabama. If your small business is in another state, similar opportunities may be available to you. The CARES … Continue reading Reviv...
Newsletter from Steve Richardson & Company Certified Public Accountants . Keeping Up With the Net Operating Loss Rules When a trade or business’s deductible expenses exceed its income, a net operating loss (NOL) generally occurs. When filing your 2019 income tax return, you might find that your business has an NOL — and you may … Continue reading July 2020 Update – Keeping Up Wi...Tue, May 12, 2020
Newsletter from Steve Richardson & Company Certified Public Accountants May 11, 2020 Dear Clients and Friends: In my last newsletter, Gina got onto me about over-simplifying the FTE discussion. This newsletter will try to rectify that deficiency. I can guarantee you that my understanding of the CARES ACT and the related Rules and Regulations is … Continue reading PPP Loan Forgiveness,...
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