The Resource Management Group, LLC

The Resource Management Group, LLC Serving Businesses and Entrepreneurs with the management of their organizations by helping them to cr

02/19/2026

Financial Tip:

You will find money for what you want.

It's the laws of life. You will obtain what you focus on.

People addicted to their vices prove this to you every single day.

What is it you want?

Start there and your focus will change, which then shifts your mindset, which always shifts your actions.

01/30/2026

Often times, business owners want to argue about IRS rules as to what qualifies for a vendor to receive a 1099 or not.

As one who wishes to maintain compliance with all state and federal rules and regulations to maintain peace and not infuse more problems in my life, I do not understand this mindset.

The only reason you want to argue about who should or shouldn't get a 1099 is because you are not reporting all your income.

Period.
End or excuses.

If you also were accounting for all your expenses, this would offset any income, and you would not be concerned with any 1099 being issued to you.

However, IF you want to avoid having to have this discussion with the person who handles your financials each year, let me give you a TIP to avoid having EVER to issue a 1099 again:

PAY ALL VENDORS by CREDIT CARD!

NOT by Zelle.
NOT by Apple Cash.
NOT by GooglePay.
NOT by CashApp.
NOT by PayPal via a checking account.
NOT by any source that connects directly to your Checking or Savings Account.

When you pay by Credit Card, the only way for the vendor to receive those funds is through a 3rd Party. This means there is no way for them to dispute receiving those funds.

Let me remind you, the penalty for not issuing a 1099 when you should have is expensive. The fee ranges from $60 to $330 per form (tax year 2025).

There are ways to work the system and play the game that reduce your overall tax form burden, and this is one of them.

Want to learn more?

Attend my upcoming workshop with Wild Moon Connect on February 21st, 2026.

01/28/2026

Dear Entrepreneurs,

HELP...your CPA or Business Advisor or whomever handles your 1099s out...

DO NOT pay a Vendor without a W9 on file.

Period.
If you do this every year, your CPA or Business Advisor or whomever handles your 1099s will be deeply appreciative!

Your refusal to do this, makes their job harder.

All of us need simple processes and less frustrations. Doing it this way makes things:

Simple.
Easy.
Obtained up front.
No games with Vendors.
No fights about IRS rules.
Always ensures that the task is complete.

Get one more piece of information that is NOT on the W9...get a valid email address so it can be eFiled. We know how reliable the USPS is.

It is 2026...

STOP...making your peeps chase down W9s from your vendors because you were too lazy to be a grown up and follow a process and you paid the vendor over $600 which means a W9 must be on file to determine if the vendor must be issued a 1099.

STOP...doing this to your peeps who have your best interest at heart and want you to be compliant with all state and federal laws..

STOP...making things much more complicated in the middle of Tax Season...days before the deadline.

Be responsible.

Regards,

Business Consultant for The Entrepreneur Manual

PS: come to my workshop on the 21st of February if you want to learn how to be a compliant Entrepreneur!!!

01/26/2026

Monday Money Minute:

January is the month to do tax preparations and gather your tax documents together.

Here is a short list of things to do:

1. Spend time scanning all receipts and invoices you will use as tax deduction. If you aren't able to claim it as a deduction, the only reason to keep the receipt or invoice is if you need it to return an item or want to have the original receipt for reference.

If you'd like a tutorial on the best way to label files and how to store this data securely for 7 years, send me a DM with your email address requesting this document.

2. Get all your IRS forms together. These are: W2s for Employee Wages, K1s for Business Partner Income, 1099s for Independent Contractor or Interest Income or Oil & Gas Royalties, 1098s for Mortgage Interest, College Tution Fees paid, etc.

If you'd like a complete list of forms to gather, send me a DM with your email address requesting this document.

3. Print spreadsheets or logs of Mileage Logs, Vehicle Expenses, Yearly Principal & Interest Loan Statements, Charity Donations, Non-Cash Charity Donations, etc.

If you'd like a check off list of deductions, send me a DM with your email address requesting this document.

4. Prepare totals on a summary page.

5. Choose a CPA to work with unless you file your own taxes.

Remember, anyone can file taxes. But, unless the person is licensed they cannot defend you or represent you in Tax Court with the IRS.

I have a Guide to help you navigate choosing a CPA. Send me a DM with your email address if you'd like my document.

6. Lastly, filing an extension with the IRS does not litigate penalties or interest for not filing on time. It simply tells the IRS, I intend to file.

Do not procrastinate. File timely.

7. Create at least one backup copy (if not two) of all documents and information and store on a jump drive/external hard drive and in the cloud.

01/22/2026

Every year there is a debate...

Who gets a 1099?
Who doesn't get a 1099?

There is A TON OF MISINFORMATION on this topic.

Here is some TIPS for you:

Do NOT pay any vendor without a W9 on file.

Period.
Simple fix.

No cash in your pocket until I have my document on file.

Why? Because once you've paid them, you have absolutely NO leverage. Additionally, you now have no legal backing to support your expense and it can be disallowed by the IRS, if audited. And once disallowed, they will recalculate your tax liability and assess penalties and interest.

Don't forget...the IRS doesn't play fair. So you gotta know the rules or you stand no chance at winning.

FACTS:

The IRS requires you to have a W9 on file for every vendor to prove their entity status.

This is ONE piece of information that determines whether they get a 1099.

Anyone who asks for your W9, you legally are required to provide it and cannot withhold it if you are asked for it, so don't get snippy about this.

Just because a vendor/business is an LLC does NOT mean they don't get a 1099. There is a LOT of misconceptions out there about 1099s only being only for a Sole Proprietor; and this isn't correct.

Don't believe me?

Read the IRS Publication of instructions on how to do a 1099 if you want to fully understand them.

Remember:

There is NO penalty for filing a 1099 that was NOT NEEDED. There is only a Penalty for NOT filing one that IS!!!

And...that penalty starts at $500 a form.

Here is a short list of LLCs or INCs that would still get a 1099:

Accounting Firms
Attorneys
CPAs
Janitorial Companies
Landlords/Rent
Marketing Firms
any company who is a Professional Service

You legally only have to send one if you paid them a total of $600 or more by Cash or Check. If you paid the vendor by Credit Card, nothing has to be filed.

Don't want to ever have to deal with 1099s again?

Get a W9 and pay them by CC and you're in the green all the way to the finish line baby!

Hope this helps!

01/18/2026

We are all equal as souls, but not in the marketplace.

- Tony Robbins, Diary of a CEO interview

12/10/2025

Want to make things easier on your CPA or Financial Consultant or Bookkeeper?

Start NOW prepping and looking over your 2025 data. Make a list of outstanding issues to come back to in January 2026.

If you purchased a new vehicle, locate a copy of your Sales Agreement. All expenses associated with this purchase are tax deductible.

Get them YTD Loan statements to break out the Principal & Interest payments (if you don't already provide this to them on a monthly basis).

Did you pay for things personally for your business instead of paying for it through your business? Give them your receipts.

All those vendors who need a 1099 must have a W9 on file. Get all your W9s together. These would be:

▪︎Landlord for Rent
▪︎Independent Contractors
▪︎Professional Services
▪︎Janitorial Services
▪︎Legal Services
▪︎etc

Anyone you paid over $600 to by check or cash. Payments made by Credit Card do not require 1099s to be issued.

Get all your Payroll Tax Reports together and all your Payroll Tax Quarterly filings together.

Make a list of questions.

Meet with them this month (if you haven't done so yet in 4th Quarter) to review Estimated Tax Payments and your Estimated Tax Liability so you can do tax planning and evaluate any tax deferment available to you thru investment strategies, before its too late.

Once 2025 is over, you cannot make any retro active changes!

Financial Wellness only happens when you monitor your stats.

Success leaves clues.
And one of those is preparation!

One of the most common mistakes Entrepreneurs make is using business accounts for personal expenses, whether intentional...
12/30/2024

One of the most common mistakes Entrepreneurs make is using business accounts for personal expenses, whether intentionally or unintentionally.

The IRS calls this co-mingling of funds.

Nobody ever wants to face an IRS audit. And if you create processes that keep business and personal records and transactions completely separate, you will pass with flying colors. If you don't, you'll face fines and penalties, many of large consequences. Worse than facing the fear of an audit, is the IRS freezing your bank accounts or disallowing previous expenses and you now owing taxes on top of fines and penalties.

This can be avoided!!!

You can have peace and clarity around your finances. You can remove the fear by knowing the rules and being compliant with them.

12/11/2024

Bottom line about 💲💲💲💲...

You are the financial creator of your life in how you financially think, financially act, and financially feel about your finances.

Your emotions of financial lack are how you create what you want.

There is a formula to get from financial scarcity to financial abundance.

Just as there is from financially sick to financially well.

Let them negative feelings you have be a significant clue as to what you desire to change in your life.

Don't see it as bad juju. See it as the necessary energy in your financial battery to create movement and motivation.

To change anything in life, you have to fall in love with your circumstances, all of them.

The great.
The good.
The mediocre.
The not so good.
The bad.
The awful.

You have to believe in your ability to do the work to shift the financial outcomes in your portfolio.

To go from detest to satisfied, you've got to have a clear understanding of your needs and wants.

Like everything in life, you have to have a financial vision, and you must awaken your heart and believe you can achieve your goals and dreams.

Have you taken time to get clear on these?

To overcome any roadblock in your life, you have to overcome yourself.

Overcoming yourself means:

💲 your thoughts with money
💲 your feelings with money
💲 your habits or patterns with money
💲 your beliefs with money
💲 your choices or behaviors with money
💲 your scripts with money
💲 your memories with money
💲 your core values with money
💲 your fears with money
💲 your faith with money
💲 your trust with money
💲 your frustration with money
💲 your hopes with money
💲 your despair with money
💲 your motivation with money
💲 your shame with money
💲 your guilt with money
💲 your regret with money
💲 your contempt with money
💲 your insecurities or securities with money
💲 your inconsistencies or consistencies with money
💲 your inaction or action with money
💲 your depression or expression with money
💲 your previous education or training with money
💲 your circle of influence with money
💲 your status or class association with money
💲 your religious influence with money
💲 your past and present experiences with money
💲 your exposure to money
💲 your rejection or acceptance with money
💲 your addictions with money
💲 your control or manipulation with money
💲 your lies with money
💲 your truth with money
💲 your reality with money
💲 your attachment with money
💲 your easy vs hard experiences with money
💲 your satisfaction or dissatisfaction with money
💲 your dreams and goals with money
💲 your vision with money
💲 your focus with money
💲 your expectations with money
💲 your energy with money
💲 your creativity or play with money
💲 your work ethic or disciplines with money
💲 your sympathetic nervous system (fight, flight, freeze, fawn) response with money
💲 your hate with money
💲 your gratitude with money
💲 your negative or positive view with money
💲 your level of desire to change with money
💲 your conscious or subconscious or unconscious foundations with money
💲 your healthy vs toxic relationship with money

It takes enormous energy and awareness to change. The real essence of a money transformation begins in addressing these roots.

Most try to address their money situation by looking at very few of these areas. A healthy life requires them all.

Where are you in your Financial Transformation and path to overcome yourself?

If you would like support to do this work, send me a DM or comment below.

04/10/2024

What if I told you that your financial insecurities keep you from having all the abundance you want in your life?

What if your belief that money isn't (or can't be) stable or consistent, is the reason it isn't for you?
..But you don't see that money hasn't had a chance to be stable and consistent because YOU aren't stable and consistent in your work for money?

What if your fear of money, is because you believe it's the root of all evil? Because you don't see it as also being a root of all good?
..And before you cut me off and go tell me "God said"...listen with an open heart and read this:

▪︎ Can you have a house or car or food or utilities without money?

▪︎ Can you tithe or donate to charity without goods (which took money) or cash?

▪︎ Are these things designed to be used for good in your life?

▪︎ Can you live or do anything without money?

If you believe money is the root of ALL evil, do you really think you're going to be empowered to serve your boss or your clients (if you're an Entrepreneur), and be paid what you're worth? Let alone feel you deserve the money after you work for it?

When you address your money paradigms, your life will change from the inside out! And the ripple effect will flow over to your relationships, your health, your career, your daily choices on what you actually buy and what your money is worth being spent on for things you value.

What if you allowed yourself to fall in love with money? Not as an "idol", but a tool and giving it as much love as you do your breath or eyesight or hearing or taste or touch? What if you didn't make money a bad thing?

When you do, the decrease in debt and increase in savings will only be an added bonus to the transformation you'll feel. And it will cause more feelings of abundance!

But not one person can do this work for you!

No credit analyst.
No debt consolidation company.
No parent.
No spouse.
No coach.

Only YOU.

What beliefs are you willing to transform?

Want to become an Entrepreneur?This workshop is packed with everything you need to know to begin your own business!Who w...
08/07/2023

Want to become an Entrepreneur?

This workshop is packed with everything you need to know to begin your own business!

Who wants to learn how to setup a business?

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Lubbock, TX
76230

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+12147025700

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