By Elizabeth Davis on September 8, 2010
I’ll be teaching two courses this fall through the Des Moines Public Schools Community Education Program. Here are the details about each course:
Small Business Accounting I
Introductory course on accounting for small business owners. Topics covered include: single-sided (checkbook) vs. double-sided (financial statement) accounting; examples of records to keep and for how long; [...]
Posted in Small Business | Tagged Budget, Excel, Income Statement, Small Business, Technology
By Elizabeth Davis on September 3, 2010
Could I be raising a future accountant? I think I might be. My 6 year old daughter likes to play “taxes” with her friends. She doesn’t yet fully understand what taxes really are but she does like to mimic what she sees me do in my office. And by reading The [...]
Posted in Budgeting | Tagged Budget, Personal Finance, Small Business, Technology
By Elizabeth Davis on September 2, 2010
Reminder, I am available for Open Office Hours on Thursdays from 9 am – 11 am at The Daily Grind (810 North Ave, Norwalk).
Do you have questions such as:
Business Questions:
How do you set up a budget?
How do you use Quickbooks?
How does recent legislation impact me as a business owner?
Individual Questions:
How do I set up a [...]
Posted in Small Business | Tagged Balance Sheet, Budget, Income Statement, Personal Finance, QuickBooks, Small Business, Technology
By Elizabeth Davis on August 2, 2010
IRS Summertime Tax Tips 2010-12
If you forgot to include some income or to take a deduction on your tax return – you can correct it by amending your tax return.
In some cases, you do not need to amend your tax return. The Internal Revenue Service usually corrects math errors or requests missing forms – [...]
Posted in Tax | Tagged IRS, Personal Finance, Small Business
By Elizabeth Davis on July 30, 2010
IRS Summertime Tax Tips 2010-11
Taxpayers need to be careful to protect their personal information. Identity thieves use many methods to steal personal information and then they use the information to file a tax return and get a refund. Here are 10 things the IRS wants you to know about identity theft so you can avoid [...]
Posted in Tax | Tagged IRS, Personal Finance, Small Business
By Elizabeth Davis on July 28, 2010
IRS Summertime Tax Tip 2010-10
The Taxpayer Advocate Service is an independent organization within the Internal Revenue Service. TAS helps taxpayers who are experiencing economic harm such as not being able to provide necessities like housing, transportation, or food, taxpayers who are seeking help in resolving problems with the IRS, and those who believe an [...]
Posted in Tax | Tagged Economy, IRS, Personal Finance, Small Business
By Elizabeth Davis on July 23, 2010
IRS Summertime Tax Tip 2010-08
The Internal Revenue Service issues a list of the top 12 tax scams each year – known as the Dirty Dozen. The scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. These scams don’t just happen during the tax filing season, they [...]
Posted in Tax | Tagged IRS, Personal Finance, Small Business
By Elizabeth Davis on July 16, 2010
IRS Summertime Tax Tip 2010-05
Are you opening a new business this summer? The IRS has many resources available for individuals that are opening a new business. Here are six tax tips the IRS wants new business owners to know.
First, you must decide what type of business entity you are going to establish. The type [...]
Posted in Tax | Tagged IRS, Small Business
By Elizabeth Davis on July 12, 2010
As a fairly new small business owner, I am always trying to broaden my horizons and educate myself on new topics. Lately I’ve met several marketing professionals and am hearing about branding over and over again. So I decided it’s time that I learn more about it and figure out, what exactly is [...]
Posted in Small Business | Tagged Budget, Marketing, Small Business
By Elizabeth Davis on July 9, 2010
This Week in News & Information:
8 Work From Home Rules Inc. editor-at-large Leigh Buchanan, who has been working from home for the past four years, shares her advice with entrepreneurs (as well as her newly-virtual colleagues) on how to do it right.
The Cost of Social Media Phobia Far from being a distraction, social [...]
Posted in News You Can Use | Tagged Small Business, Social Media, Technology