Mark Perlberg CPA PLLC’s 4 Straightforward Questions to Uncover Your Business Why
I suppose there’s never been an easy time to be in business. It’s tempting to look at the current economic situation and cite all the things working against business owners right now. And Google helps with that… My internet search this morning lent me the following statistics: Inflation is the top concern for 32% of […]
Effectively Using Your Atlanta Company’s CRM For Sales Management
Remember three years ago when you depended on Zoom for work meetings and virtual schooling for your kids? While you’re probably really grateful the second one isn’t a reality anymore, the first one still had its appeal (unless something like this happened). Working from home had its perks. In a stroke of irony, the company that […]
If I Hire My Kids, Can I Give Them Tax-Free Education Benefits?
Undergraduate expenses are usually not eligible but… Master’s degree costs can qualify if the program improves the employee’s skills. Educational assistance plans can provide up to $5,250 in tax-free benefits per employee including your children IF specific requirements are met. You can get more, expert guidance on Financial Planning for Your Child’s Future by visiting […]
Tax-Saving Opportunities with Puerto Rico’s Qualified Opportunity Zones
If you are looking to minimize capital gains recognition, consider the qualified opportunity zone (QOZ) provisions under the Tax Cuts and Jobs Act. These provisions offer tax benefits for investments made in economically depressed communities across the United States and certain territories, plus additional tax-saving opportunities offered by combining QOZ benefits with Puerto Rico’s local […]
TAX BENEFITS OF ANNUITIES
Annuities offer steady income with low risk in retirement and are sold by insurance companies. An investor deposits money with the insurer who invests and returns it via a series of regular payments through one of the following: Variable annuities – allow investments with different levels of risk and returns based on the performance of […]
What You Should Know Before Hiring Your Spouse
Hiring your spouse can mean big tax savings but not if you don’t do it correctly. Here’s what you need to know. Compensate Your Spouse Primarily in Tax-Free Employee Benefits, Not Taxable Wages. Cash wages are fully taxable so concentrate your spouse’s compensation entirely or mostly with tax-free benefits (such as health insurance), which are […]
Business Cash Advance: A Loan Alternative for Atlanta Businesses
This year has been a less-than-fun rollercoaster in the world of finance. Well, good news on that front — no more recession bogeyman lurking under the bed, at least that’s what the Fed declared as they raised rates again last week. Doesn’t mean more interest rate hikes aren’t ahead or that inflation’s fully cooled, but things appear […]
Keeping Expenses Separate in Your Atlanta Business
Did you see the Barbie movie or Oppenheimer this weekend? Or jump in with the 200,000 other Barbenheimers and see both? In case you didn’t, your social media feed likely filled you in on what you missed (or didn’t, depending on your view of these things). What a weekend for the movie industry as a […]
Tracking Your Atlanta Company’s KPIs Effectively
Raise your hand if you or your workers, in any way, still work remotely post-pandemic. It’s a common enough reality — maybe more so now even than 2020. Working in sweatpants from the comfort of your Atlanta home is infinitely better than dress shoes and uncomfortable desk chairs — and cheaper than paying high business […]
Do Landlords Benefit From Inflation?
A U.S. Bureau of Labor Statistics May 2023 report shows that home shelter, including rent, is the largest contributing factor to overall inflation increase. Over the 12-month period ending in May, shelter costs rose by 8.0%. Despite the increase in rents, renting is still cheaper than buying. For the most part, inflation is beneficial to […]