the financial wolf

11/26/2020

Grateful for all the businesses, whether small or big, that continue to push creativity limits, prioritize their employees, and make a positive impact on the world 🌎. Happy Thanksgiving 🦃🍁 from the team!

11/25/2020

Start-Up costs are costs paid or incurred in connection with investigating the creation or acquisition of an active trade or business or creating an active trade or business.⁣
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DO NOT spend more than $5,000 in start-up costs as you won’t be able to fully expense anything above that amount in your first year. ⁣
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Examples of start-up costs include:⁣
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• Advertising costs;⁣
• Salaries and wages paid to trainee employees and their instructors;⁣
• Travel and other expenses incurred in lining up prospective distributors, suppliers, or customers;⁣
• Salaries or fees paid or incurred for executives, consultants, and professional services ⁣
• Business investigation expenses such as surveys, market studies, and consultants' fees;⁣
• Preopening advertising and promotional efforts;⁣
• Travel and entertainment (for efforts to find a location, to secure suppliers or customers, etc.);⁣
• Salaries, employee benefits, insurance, and overhead;⁣
• Preopening repair and maintenance of capital assets to be used in the business;⁣
• Mortgage standby commitment fees to ensure financing for the new venture;⁣
• Accounting and legal fees that are not organizational costs;⁣
• Employee training;⁣
• Rent and utilities for space maintained in the preopening phase; and⁣
• Costs of expanding an existing business or beginning a new business if a new entity is used.⁣
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09/07/2020

🚫🚫 Many business owners think they can manage their books on their own but don’t understand this has on potential tax savings if certain income/expenses are not allocated correctly. ⁣
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💵💵 The money you spend on hiring a professional firm like ours to help you correctly identify and allocate certain items in your books to mitigate and reduce your tax bill is OFFSET by the tax savings you’ll receive at the end of the year essentially making the work you paid for...⁣
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FREE! ⁣
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Get professional help today.⁣
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09/07/2020

“Nothing ever comes to one that is worth having except as a result of hard work.” – Booker T. Washington

07/12/2020

❤️✊

07/07/2020

𝚔𝚎𝚎𝚙 𝚐𝚘𝚒𝚗𝚐, 𝚢𝚘𝚞 𝚐𝚘𝚝 𝚝𝚑𝚒𝚜 𝙚𝙣𝙩𝙧𝙚𝙥𝙧𝙚𝙣𝙚𝙪𝙧!
✊

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06/28/2020

Would you like me to give you a formula for success? ⁣
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Hint: it’s not below.⁣
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It's quite simple, really: Double your rate of failure. You are thinking of failure as the enemy of success. But it isn't at all. ⁣
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You can be discouraged by failure or you can learn from it, so go ahead and make mistakes. Make all you can. Because remember that's where you will find success.⁣
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Let’s us be part of your success.⁣
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06/24/2020

“⁣
always be yourself, ⁣
express yourself, ⁣
have faith in yourself, ⁣
do not go out and look for a successful personality and duplicate it. ⁣
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- Bruce Lee
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06/24/2020

“Content builds relationships. Relationships are built on trust. Trust drives revenue.” - Andrew Davis⁣
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Let us and our marketing team develop content for your business that will not only build trust but help you standout from the crowd. ⁣
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This video shows some content we’ve created for one of our clients who’s looking to attract top talent to their business while establishing a clean, straightforward, eye-catching marketing campaign to help separate themselves and their brand from the rest of the pack.⁣
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Contact our team to setup an appointment today!⁣
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06/22/2020

Happy Sunday Wolfpack!

I'm working on a market study and need your input.

The study is on the accounting needs of entrepreneurs.

May you all please go to the link below and fill out our survey? (it's on Google Forms so the link is secure)

https://forms.gle/j1YHiTmgbHC1Qbhu7

Your feedback would greatly be appreciated!

Kind regards,
Eric

The purpose of this study is to understand how businesses are handling their accounting needs.

06/15/2020

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be the ⒸⒽⒶⓃⒼⒺ you want to see in this world. ⁣
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we are deeply passionate about what we do here and part of our mission is to give to back those less fortunate.⁣
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5% of enrollment fees are donated to a local charity to help foster community and education within our local neighborhoods.⁣
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06/14/2020

happy sunday funday, 𝙬𝙤𝙡𝙛𝙥𝙖𝙘𝙠!

today’s first ever wolfpack sunday fun fact is on 🚗 🚙!