by Lori Bowden | Aug 2, 2024 | Business, Newsletter
Many businesses need to have some inventory available. But having too much inventory is expensive, not just to purchase but also to store, safeguard and insure. So, keeping your inventory as lean as possible is critical. Here are some ways to trim the fat from your...
by Lori Bowden | Jul 4, 2024 | Business, Newsletter
Many businesses use independent contractors to help keep their costs down and provide flexibility for short-term needs. But the question of whether a worker is an employee or an independent contractor is complex. Be careful that your independent contractors are...
by Lori Bowden | Jul 3, 2024 | Business, Newsletter
Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments right at a point-of-sale terminal and customers go on their merry way. For other types of companies, it’s not so easy....
by Lori Bowden | Jun 6, 2024 | Business, Individuals, News, Taxes
Updated on 7/2/24: This news release has been updated to include Anderson, Baylor, Cochran, Delta, Hays, Hill, Milam, Rockwall, and Rusk counties. Updated on 6/24/24: This news release has been updated to include Coke, Fannin, Lynn, Panola, San Augustine, Shelby, and...
by Lori Bowden | Jun 2, 2024 | Business, Newsletter, Taxes
If you check the Internal Revenue Code, you may be surprised to find that most business deductions aren’t specifically listed there. For example, the tax law doesn’t explicitly state that you can deduct office supplies and certain other expenses. Some expenses are...
by Lori Bowden | May 4, 2024 | Business, Newsletter
Every business wants to cut costs, but it isn’t easy. We’re talking about clear and substantial ways to lower expenses, thereby strengthening cash flow and giving you a better shot at strong profitability. Obvious places to slash costs (such as wages, benefits and...