Wbt - World Of Business And Taxes

If you want to really cut your tax liability or get a bigger refund, start getting ready for your meeting with your tax advisor in 2019. Be Proactive.

Who is defining your life? Have you lost control and are letting others define your life? www.wbtpod.com

We get content thrown at you. If you see red flags, be concerned and walk away. If there is red flags there is risk.

A lot of small businesses do not spend the time looking at the pricing structure. Vital part is to cover your operating costs, if your not you will be out of business very quickly. Know your costs and the value of your service to your clients. www.lodge-co.com

Have you noticed that so many politicians around this nation have become politically stupid. They try and push a political agenda that is just stupid. In the Senate jearing on the judge for the supreme court the Democrats scream we don't have all the documents to make a decission. However, weeks early every single Democrat said they would not vote for this Judge. Politically stupid. Socialist want to raise your taxes. Politically stupid. And the list of politically stupid politicians keep spinning nonsense. Have you not had enough? Or are you going to keep it going?

There are many things you need to remember when you get in the entrepreneur car and zoom off.

We are nearing the end of the third quarter and what have you done these past three quarters. What are you going to do the last quarter of 2018? Happy Labor Day.

It's not just a good idea to stop comparing; It's a commandment. Exodus 20:17 says, "You shall not covet....anything that belongs to your neighbor". www.wbtpod.com

California is out of control. Gavin Newsom and other liberal politicians are now attacking California business In N Out. This company is a great California company that provides hundreds of jobs to California students. The liberals are attacking our liberties and we do nothing about it. Go out today, but as many hamburgers as you can from In N Out, they are California.

The federal government employs 2.1 million civilian workers in hundreds of agencies at offices across the United States. The federal workforce imposes a substantial burden on American tapayers. In 2017 wages and benefits for executive branch civilin workers cost $276 billion dollars. Federal workers earn about 80% more, on average, than private-sector workers. So there has to be a freeze on wages in the federal government. The President is correct, as the CEO of the nation, to look at cutting costs in the federal government spending. www.lodge-co.com

Many of you run to your accountant complaining you need cash now or your business will fail. Need cash? Cut your expenses. You have over spent, cash is gone. Be proctive and start cutting your expenses. Don't be an idiot and keep spending what you don't have. Get real and be smart. www.lodge-co.com

The financial statement is the most important part of your business. It tell you how much money clients owe you, what your real bank balance is, what debt you have to work on, and more. You need to be looking at it every month, not just at the end of the year. Get your books together.

The 24 hour, 7 day a week news cycle and political spin is doing too much damage. People are just sitting there listening to the spin but not thinking.

Do you finish what you start, or do you give up? Don't give up without a fight.

Aretha Franklin passed away - but no will. Are you prepared for your death? Do you have a will or trust set up to protect your assets at the time of your death?

Be proactive as a business, get your income and balance sheets upto date. When you tax preparer does your business return he needs those documents. If the accountant has to do it the tax prep fee will be more. If you don't do it, get it done, get everything updated. If you need halep call us at 888.681.1518 Ext 0 www.lodge-co.com

There are many businesses that take very litle capital. It just take work to get out there and make it happen. www.lodge-co.com

Underreporting of income and not reporting foreign bank accounts can be seen as a crime by the IRS. If you have a foreign bank account, or you are a signer on a foreign bank account, you have to report it yearly to the IRS and the Treasury department under FBAR law. www.lodge-co.com

Teachers every school season spend about $500 to purchase school supplies for their classrooms. Remember your teacher when you are out buying school supplies for your kids. They need financial support of the parents for their classrooms.

Senator Warren has spent time on her tweeting to politically attack everyone. She attacks businesses, corporations, members of Trumps administration, and even the President's son in law. She says she wants to clean up Government, but she is the problem of government by not sitting down at the table and working with the otherside. That is wrong. Building up support by spreading hate does greater harm to Americans and now we as American have got to use our vote to stop hate for America.