The Top 10 Warning Signs for Business in a Recession: Lenders are Watching
July 02, 2009, 11:35 AM
This is a rare chance to read what lenders are trained to look for when making commerical loans. Guest blogger Linda Keith, CPA is an expert on training commerical lending officers how to read financial statements and make loans safely.

IRS Collection Efforts to Change and Step Up
July 01, 2009, 10:05 AM
The Internal Revenue Service has announced that it is changing some of its collection proceedures for delinquent taxpayers as well as steping up collections. While this is necessary to help finance our evergrowing government, it will be an ugly epxerience ...

Intuit Survey Shows SMB Bullish on Their Own Success
June 29, 2009, 8:35 AM
A recent Intuit Survey shows that employers remain upbeat about growth prospects; however, many expect the recession will last another two years or more.

Are You Smarter than An Economist?
June 28, 2009, 12:35 PM
Renee C. Fellman, a Certified Turnaround Professional is sponsoring a contest entitled, "Are You Smarter Than An Economist?" Although the contest is fun, making an educated guess may better help you the forces that are driving the recession and recovery.

Is Your Customer a State Government Without a Budget?
June 26, 2009, 4:25 PM
As of end of business June 26, 2009, 19 states have failed to pass a new budget for their fiscal year beginning July 1, 2009. If your business provides products or services to one of these states, you must act ...

Moving Out of the Recession into Recovery: A Slow Climb Out
June 25, 2009, 9:25 AM
Goldman Sachs economist Ed McKelvey believes there are five main indicators to watch as the economy starts its slow climb out of the recession.

CDFI Lenders Continue to Shine Strong Through Recession
June 17, 2009, 3:10 PM
Community Development Financial Institution (CDFI) lenders have been creating new programs and making more loans during the recession while the SBA and the banking industry as a whole has seemed paralyzed. CDFI lenders have continued to shine strong and with ...

IRS Considering Requiring All Tax Preparers to be Regulated
June 15, 2009, 9:25 AM
The IRS commissioner is considering regulating all tax preparers. They believe that there will be a reduction in errors if tax returns can no longer be completed by unregulated preparers. This is a rediculous notion. What the IRS needs is ...

The New “Normal” in Bank Financing
June 09, 2009, 10:30 AM
As we get close to the end of the recession, banks should be evaluating the way the make commercial loans. They should be examining every part of their process and deciding how they are going to conduct business in the ...

Veteran CPA to Business Owners: Build and Maintain Strong Business Practices
June 04, 2009, 10:40 AM
According to a veteran CPA with 37 years of accounting and business consulting experience, the single best way to thrive during good times and bad ones is to build strong business practices.