You all must know the standard rule for business- be profitable. Any business that can’t cover its costs is not long for this world. Even a non-profit entity can not spend more than it takes in for very long.
Tag Archives: records
How long?
Just the other day, I had a client ask me about records retention. And, as I prepared to answer her query, I realized that a lot of you probably have the same questions. So….
Many happy returns?
You now that old adage, “the bigger they are, the harder they fall”? Well, you can bet that the IRS believes that is true. Because, with their cuts in funding, the IRS has decided that the rich and the small business owner are the best targets for their audits.