Blog
How Birmingham Businesses Can Raise Prices Without Losing Customers
Are you watching your COGS these days?(I, ahem, hope you know what those letters stand for, because if not ... well, then we should DEFINITELY talk. 205-715-4488 )Has it gone up?You're probably not alone given what kind of signals the economy is sending these days.In...
Using an IRS Accountable Plan to Maximize Deductions for Your Birmingham Business
Any of you Birmingham business owners remember those halcyon days when you could "talk a little business" with somebody while traveling ... and then you got to write off the whole getaway on your taxes?Even if that ever really happened, that ain’t today. Now, the good...
Birmingham SMB Owners – Don’t Panic About The Business Supply Chains
Remember when the monster cargo ship Ever Given jammed the Suez Canal? After the Givenhad been stuck just five days, almost 400 other freighters were backed up waiting to pass through the Canal. Experts began predicting temporary shortages of everything from exercise...
Is The Employee Retention Tax Credit Right For Your Birmingham Business?
There is a LOT of smoke emanating from Congress right now. As usual, with Congress, there are always rumors and mutterings -- what matters is what is actually signed into law.And we'll keep you up to date on what you might need to know.But speaking of Congressional...
Small Business Tax Credit Updates Birmingham Owners Will Want to Consider
I wanted you to know about something that came across my desk the other day because it is potentially very good news...Not many are talking about this, but there have been some MAJOR new Economic Injury Disaster Loan (EIDL) program updates from the SBA...New $2...
Things To Consider Before Selling Your Birmingham Business
You’ve put in the years, labored long days, sweat the bad times, and high-fived in the good as your business grew. Now, it looks like it’s time to step away into the next life stage, slay the next dragon. It’s time to sell. (You think.)Whether you’re headed to another...
Disaster Recovery Planning Your Birmingham Small Business Probably Needs
The phone rings in the middle of the night and a voice says your office is on fire. Early on a long weekend, that old pipe in the back finally bursts and no one will see the water for days. Or suddenly the Weather Channel’s saying a hurricane is barreling in your...
Cloud Computing Benefits and Risks for Birmingham Businesses to Consider
In the olden days, Birmingham business owners kept track of their records by hand in the old reliable notebook or ledger. So what an innovation it must have seemed to move business information to a floppy disk that could plug into a computer.The disks got smaller (and...
Randall Hancock’s Latest Updates on Small Business Tax Deductions
One thing you can expect from me come rain or shine is to keep you in the loop on changes to all things tax-related. This week is no exception.There are some important changes to small business tax deductions rolling out, and not all deductions apply to all Birmingham...
Ransomware Defense Steps to Protect Your Birmingham Business’s Computer Systems
No matter your line of work, your computer might be one of your most glaring vulnerabilities ... and it's one that too many Birmingham business owners I've worked with don't fully address.Even if you work with your hands, and you're a sole practitioner (a contractor,...
A Small Business Growth Strategy for Birmingham Business Owners
We really loved watching the Olympic games the past few weeks. There was so much to see, be inspired by, and even something to learn about growing a small business.Yep, you read that right. Hear me out…It’s so hard to appreciate the amount of training and work that...
4 Next Steps for Business Tax Return Review
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...