article thumbnail

Exploring Tax Strategies For Small Businesses: Insights Inspired By Troy Renkemeyer’s Experiences

The Startup Magazine

Partnerships share income and losses among partners, affecting individual tax brackets. Maintaining diligent records is paramount to ensuring these deductions are accurately captured and substantiated in the event of an audit.

article thumbnail

Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Here are a few tips to ensure that you and your partners start out on the right foot. A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. You need to ask questions and perform due diligence before you invest substantial time and money. Congratulations!

Partner 208
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[INTERVIEW] Mark Attanasio, Toronto Financial Services Executive, Managing Partner Of Hillcrest Merchant Partners

YoungUpstarts

It’s taken the Toronto executive from the world of Big 3 Accounting (as a CPA with PricewaterhouseCoopers in his early career) to Investment Banking(National Bank Financial) and capital markets (co-founding Eight Capital after leading the management buyout of Dundee Capital Markets). Some specialize in one arena, like green technology.

Partner 113
article thumbnail

5 Biggest Mistakes in Healthcare Staffing by Susanne Mariga, CPA

Mike Michalowicz

Clients want to pay for no-nonsense service and by offering solutions that make a client most successful, a health care staffing firm will achieve the title of the most valued partner without feeling the pressure of lower margins. We are afraid to raise our prices due to the fear of loss of a long-time client.

CPA 76
article thumbnail

28 Entrepreneurs Explain How They Came Up With Their Business Names

Hearpreneur

Luckily I didn’t have to – a friend ended up texting me and my business partner, suggesting the name Codal. My business partner, Adam Hale, and I were both in Fort Wayne, Indiana when the company was founded. Thanks to Jody Grunden, Summit CPA Group ! #12- understand what we were going for. Thanks to Keval Baxi, Codal ! #11-

Naming 150
article thumbnail

What a CFO Can Do For Your Agency

Duct Tape Marketing

Jason is a Co-founder of Thriveal, a firm that helps entrepreneurial CPA firms connect, learn and grow. He’s also the CEO of Blumer CPAs where they serve as an advisory firm for the design marketing and creative agency services niches. Blumer CPAs. Click on over and give us a review on iTunes, please!

CPA 73
article thumbnail

How to Form a Corporation

Up and Running

We’ll review some new language and concepts in this process, but once you’re done, you may never need to think about this stuff again. . Consider finding and working with a CPA and a lawyer. Ideally, you will interview a few candidates and pick the partners you feel comfortable working with for a long time.