What are the odds of you actually being audited? Audit rates peaked in 1972, with 1 in every 44 returns being audited by the IRS.
Profit & Tax Blog
Fail to Plan, Plan to Fail
The first mistake most service business owners make with their taxes is the biggest mistake of all: it’s a failure to plan. Discover how to avoid this!
Employee Success From Day 1
Employees can make or break your business and are often part of the profit leaks in service businesses so learn how to have employee success from day one.
Interviewing Mistakes to Avoid
Learn interviewing mistakes to avoid, making sure you are talking to the right people and understanding how to talk to them so you’re both on the same page.
How To Hire The Best Candidate and Build A Team That Wins
Hiring the wrong person can be extremely costly in time, money, and frustration. Find out how to hire the best candidate and build a winning team.
Myth Busting Profit First: Do You Really Need An Authorized Expert?
In the next three short videos, Mike explains why it’s important to have an authorized expert, an accountability partner on your team if you want to get the most out of the Profit First system.
Should You Take the Advance Child Tax Credit?
If you have children under 18, you may have received an IRS letter recently in regards to the Advance Child Tax Credit Payments. Find out if you should opt-out.
5 Simple Strategies For Attracting and Retaining Customers
If you are struggling to gain new customers and keep them, here are five simple strategies for attracting and retaining customers.
How To Charge What You Are Worth
There is a very good chance that you need to charge what you are worth. Most service business owners don’t, and that can be incredibly frustrating. Learn how.
Putting Together A Profit Plan That Works
Almost no service business owners work with an annual budget. But a budget isn’t just a spreadsheet with some numbers, it’s the profit plan.