Business – the way we make money. Whether dealing with large transnational corporations, or your neighborhood convenience store, accounting and tax policy can impact how your run your organization. As President Calvin Coolidge said, “chief business of the American people is business” — it is at the core of who we are as a nation as well as how we earn our livings.

Business Couple with Laptop

For those that are 1099 Workers, most of the rules that apply to business tax matters also apply to you on your Schedule C filing. So while you think of yourself as a freelancer or contractor, you really are a self employed owner-operator and you will grow your practice if you think of yourself as one and plan accordingly.

We love covering tax and financial matters that apply broadly and generally to the business community, though we sometimes often geek out on more narrowly focused topics that are only of interest to a select industry.

Not every area of business is based on entrepreneurship, there are many areas that impact people that work in corporate jobs, both directly and indirectly. High earning individuals may earn their primarily income from a “day job” but invest in real estate to build wealth and create more income.

While a huge topic to cover, the area of business is of major interest to Americans of all income levels, backgrounds, races, and ethnicities. The American Dream is based on the idea of being able to own your own home, raise your family, and start your own small business.

Employees VS Contractors | Labor Day

By |2021-09-06T12:23:58-04:00September 6th, 2021|Categories: Quickies with Bette|Tags: , , , , , , , |

It’s #BusinessQuickie, and I want to come on here and tailor this go-live to our small business owners who want to know the difference between contractors (1099) and employees (W-2) so that you can find which employee fits best with your business. I figured this would be a great topic since labor day is coming up on Monday! Let’s get started.

Unpopular Opinion – Tax Refunds

By |2021-09-02T14:24:06-04:00September 2nd, 2021|Categories: Quickies with Bette|Tags: , , , , , |

Hi, Bette Hochberger or CPA, CGMA. And on today's Business Quickie, I'm going to tell you about an unpopular opinion that I have. So I know a lot of people really love getting tax refunds. There are all kinds of ads that say, "how to spend your refund, refund, refund, refund." People can't wait to get that refund check, but here's the big butt, why do I not like it? It's your money. You're not getting free money from the government. You're getting your own money back to you. So my unpopular opinion is don't create these huge tax refunds and don't think your CPA is amazing just because they get you a big tax refund.

Miami Crypto : What You Need to Know

By |2021-08-31T12:25:28-04:00August 31st, 2021|Categories: Quickies with Bette|Tags: , , , , , |

Other Miami crypto news, which is super exciting, MiamiCoin is the first city coin to come to market. Woo hoo, it's fantastic. It's like a Bitcoin and is on the Blockchain protocol, so whenever that coin is mined, a percentage, actually 30% of what's mined, goes to the city of Miami.

#VenmoMe is Tax Deductible

By |2021-08-19T18:54:48-04:00August 19th, 2021|Categories: Other Perspectives|Tags: , , |

We have all seen giveaways from brands; you might wonder why brands do this or how they can afford it. The truth is brands can do this because it is tax-deductible, meaning they get their money back when tax season rolls around. Brands also do this because it is excellent advertising; I mean, who doesn't like free stuff? This brings us to our topic: #VenmoMe.

Bad Luck or Bad Financial Planning?

By |2021-08-12T16:58:10-04:00August 12th, 2021|Categories: Other Perspectives|Tags: , , , , , |

Tomorrow is Friday the 13th, and considering the holiday's superstitious history, I wanted to share some tips from Twitter about avoiding bad luck with finances and taxes. This article is a different kind of Social Media Round-up, but I decided that there is no better day than Friday the 13th to try something new because if it flops, I will blame it on bad luck. I find this mindset funny because I think much of "bad luck" is actually just bad planning, and I hope this Twitter commentary can help us all avoid the pitfalls of poor finances and poor tax planning. Let's get started. 

Rihanna Is a Billionaire

By |2021-08-06T17:15:42-04:00August 6th, 2021|Categories: Other Perspectives|Tags: , , , , , |

Entrepreneur and businesswoman aren't the first words I think of when I imagine the pop star, Rihanna, however all that is about to change because, according to Forbes, she is now a billionaire. You can find Rihanna trending on Twitter with the hashtag #SelfMadeWomen along with many opinions about her new status. This trending hashtag is what I want to share with you on this week's social media round-up.

Meals, Entertainment, & Tax-Deductions

By |2021-07-07T12:57:14-04:00July 7th, 2021|Categories: Quickies with Bette|Tags: , , , , , , , , |

Hey, guys, happy Wednesday. We're going to hop on with a little business quickie about meals and entertainment because this is a tricky area for a lot of business owners. I know everyone wants to write off every meal possible that they ever have as a business expense and, unfortunately, can't always do that.

Appearance. Does it Matter in Business?

By |2021-07-02T16:37:03-04:00July 2nd, 2021|Categories: #FinanceFriday|Tags: , , , , , , |

Join Samra and me while we explore why appearance matters in business. Hello, happy Friday. Happy Finance Friday. I'm Bette Hochberger, CPA, CGMA. And today, I have my fantastic friend who keeps me looking great and young. Since last night, people said to me, why do you look so young? And I'm like, Samra. Samra Vogel, an independent Mary Kay salesperson for over 20 years, and is fantastic. I'm sure she has many pink cars, which is cool too. Watch the video below to learn more!

Your Start-Up Business Needs A CPA

By |2021-06-29T13:20:20-04:00June 29th, 2021|Categories: Quickies with Bette|Tags: , , , , , , , , , |

Hi, I'm Bette Hochberger, CPA CGMA, and on today's Business Quickie, we're going to talk about six reasons why your startup needs a CPA. Now, I can tell you all sorts of horror stories, and I'm sure you find anyone who started a business. They can also probably tell you many horror stories about not having the right professionals on board, not having an attorney, not having a CPA, all these things. So, if you think hiring a CPA is not worth the investment in your business; here are the six reasons why you should.

#DearIntern & Twitter

By |2021-08-09T16:23:46-04:00June 25th, 2021|Categories: Other Perspectives|Tags: , , , , |

Dear Intern is trending on Twitter, and for those who don't know, people are using it as an opportunity to share the embarrassing mistakes they've made while at work. Concerning the sheer amount of business books we've read at book club that emphasizes the importance of creating and learning from mistakes, I figured I'd share some of these tweets with you all. So let's take a look at this Social Media Round-Up.

Black-Owned Financial Groups

By |2021-06-18T20:29:12-04:00June 18th, 2021|Categories: Quickies with Bette|Tags: , , , , , |

In honor of Juneteenth, I want to highlight some amazing black-owned financial groups. The Black Angels Miami Investor group, black-owned banks and credit unions (and where to find them), and the Black Bitcoin Billionaire are doing so much for their communities. Let's get started.

Estimated Tax Payment Two

By |2021-06-15T15:44:00-04:00June 15th, 2021|Categories: #TaxTipTuesday, Deadlines and Updates|Tags: , , , , |

Today's Tax Tip Tuesday is your reminder to pay your second 2021 quarterly estimated tax payment if you're somebody who needs to pay those, many people don't pay them. If you only have a job where you get a W2 and you're on the payroll, probably aren't making estimated payments, but if you're a business owner or a freelancer something like that, you're probably having to make these payments. So how do you know how much to pay?

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