by apexcpas | Jul 3, 2018 | Business Strategies
Growing a business is not a sprint. It’s a marathon baby, a long distance adventure that demands focus and determination, requiring much more than increasing your sales. As a business breaks out of its “small business” shell, a paradigm shift must occur in the...
by apexcpas | Jul 3, 2018 | Business Strategies
Do you understand what it’s saying? Profitability is very important to business owners and they look to their CPA for guidance on how to improve it. Accurate financial statements are necessary, but that is just the beginning. CPA’s have a responsibility to guide...
by apexcpas | Jul 3, 2018 | Business Strategies
The instructions to the Form 1120S, U.S. Income Tax Return for an S Corporation state that “distributions and other payments by an S corporation to a corporate officer must be treated as wages to the extent the amounts are reasonable compensation for services...
by apexcpas | Jul 3, 2018 | Business Strategies
Tax consequences of “Excess Distributions” for S Corporation shareholders The “S “ election for corporations has some definite tax advantages. The election allows shareholders to report the corporate income and deductions on their personal returns. These items are...
by apexcpas | Jul 3, 2018 | Business Strategies
Today’s economy has forced business owners to re-evaluate all aspects of their operations. Internal systems are reviewed, inventory controls are implemented, sales and marketing strategies are revised and overall productivity is analyzed. With so many...
by apexcpas | Jun 29, 2018 | Business Strategies
Fact: when you start a business, a company’s success is in direct proportion to struggle. It has to be that way. You are running the show. In fact, you ARE the show: the main actor, the ticket taker, the promoter, and the custodian. According to a survey by The...