Earnings Projections: Big Value to Small Business

Lockhead Martin recently reported that they are projecting their year end earnings for 2011 to be up 25%. This adjustment to their annual earnings projections came after they had reviewed their third quarter reports. Whirpool, on the other hand, has announced that they will be closing one plant and laying off 5,000 workers in the next year, after reviewing their third quarter financial reports. These are large, publicly held corporations. Their announcements, positive or negative, have a big impact on their stock value. Read More »

Tags: Accountant, Accountants, Business Management, Business Owner, Critical Piece, Financial Position, Fundamental Business, Good Intentions, Lockhead Martin, Management Tool, Running A Business, Small Business Owners, Stock Value, Stockholder, Tax Strategies, Variances, Wall Street Journal, Whirlpool, Whirpool, Year End

End of Year Tax Preparation Tips

Here are some tax preparation tips:

1. Open up a free document storage account, so that you can get all your tax documents in one place. Preferably one that has sharing capabilities; all the easier to share with your accountant and bookkeepers. My recommendation: DocLanding, it is free to start (you only need to pay once you exceed certain storage requirements) and you can set up file cabinets and file folders, and the sharing permissions are very detailed. You can share whole cabinets, folders only or documents-only.

Read More »

Tags: Address Phone Number, Bookkeeping System, Donation Details, Federal And State Tax Return, File Cabinets, File Folders, Free Document Storage, Pdf Copy, Personal Return, Preparation Tips, Profit And Loss, Social Security Card, Social Security Number, Sole Proprietorship, State Tax Return, Storage Account, Storage Center, Storage Requirements, Storage Unit, Tax Documents