Did you hear the news from last week’s inflation report? Consumer prices increased more than 5% between May 2020 and May 2021. Given the Federal Reserve’s 2% inflation target, that’s a pretty steep increase. Have you taken a look at your own cost of doing business lately? Your cost of labor, materials, supplies? Chances are, […]
Pretty sure I\'ve said this before. I\'ll likely say it again, too. If there’s one thing the past year has taught business owners, it’s that the \"unexpected\" can occur at any time. Managing your Monroe business during good times is hard enough; rough times make it all the more difficult. To get you through the […]
It seems as if the world is getting drenched in tech. It’s literally falling from the sky (we’re looking at you, rocket boosters). Because there is so much technology around us, it can be easy to become numb to it. We can quickly start to view it as just a “thing” that’s always there, rather […]
Before we talk about some tax planning tips to give your business a new look this summer, I first want to say that I hope your Memorial Day weekend was special. Even though this Monroe business owner had some work to do, a quiet office is my friend. In thinking about the spirit of this […]
With May 17th behind us (though for those in Texas, Louisiana and Oklahama -- this was just another day. June 15th is coming at us fast!), we’re turning towards the planning and optimization part of our calendar. But before we leave taxes in the rearview, let\'s address an unfortunate reality: as a business owner, you […]
This week marks the end of another tumultuous tax filing season. I can’t remember anything like it. With the last minute legislative changes, software update delays, and IRS service issues -- this very well might have been the most disrupted and difficult tax season in decades. But despite an exhausting tax season, we’re never done, […]
If you\'ll forgive me, I\'m going to get pretty geeky today. You probably didn\'t realize that there are actual pros and cons to expense reimbursement for employees, etc. or using a company cc. Oh my Monroe readers, I\'m going to take you down a little rabbit hole today, yes I am. But first, a quick […]
Does the thought of paying rent to your Monroe commercial landlord for eternity make you cringe? Do you get a little bit of FOMO when you hear stories about other people building empires with real estate? The decision to purchase your own space from which to operate your Monroe business is a major one. MAJOR. […]
The overall economy is on a tear right now, but for some businesses, things don’t look so rosy. By the way, if that is you and your business (not so rosy), there are a multiplicity of grants, tax credits, and very favorable loans available -- though doing it properly can be tough to navigate. Let […]
The \"American Rescue Plan\" has been finalized. And there are things about the new stimulus update our Monroe clients should know. While I normally write weekly, there is information in this strategy note that you need to know about now that might even impact how you proceed in the following days. As of this writing, […]
