A storm does not wait for your accountant to catch up. It does not care whether you filed an extension. Understanding the Qualified Disaster Loss Form 4684 Rules decides how much of that damage your business can recover through Read more
Selling your business is a huge milestone in your life. You spent many years working long hours to build your company. You poured your time, energy, and money into making it succeed. Now you are ready to move on to Read more
Running a business in Indiana is hard work. You want to keep as much money as you can. Tax write-offs lower what you owe, but there is a trick. You cannot claim an expense if you did not track it. Read more
The IRS will not read your offer until your business clears four gates. Miss one, and the file comes back unopened. That is the reality behind the Business Offer in Compromise requirements. Before the IRS calculates what your company can Read more
Your phone rings. The caller says they are from the Tax Resolution Oversight Department, and your case is about to be escalated. Your stomach drops. That reaction is the entire point. The Tax Resolution Oversight Department scam is one of Read more
Most small business owners do not decide when to hire a bookkeeper on a calm afternoon. They decide it in a panic, three days before a tax deadline, staring at a shoebox of receipts. Or they use their bank balance Read more
Most business valuations give the owner one number. That is a mistake. A business is not worth the same amount to every buyer because not every buyer sees the same opportunity, risk, or future use. A financial buyer, an investor, Read more
You’re ready to sell your business. Whether you’re ready to retire, experiencing a major health event, or some other reason, you’ve decided to exit. You have an idea of how much your business is worth but most owners guess too Read more
Most small business owners know their pricing is too low. What they don’t have is a small business pricing strategy that tells them how far behind they are — or what to do about it. They’ve probably known for a Read more
When you’re running a business, you’re already juggling operations, customers, and the work you’re actually good at. The financial titles start to blur together. Bookkeeper, tax preparer, CFO — they can feel like one big “someone who handles the money” Read more
Shaw is co-owner of Simple Finances™ and leads the firm's IRS representation and business valuation and exit planning services. His CEPA® credential anchors the valuation practice, helping business owners understand what their company is worth and how to build value before a sale or transition.
Georgene is co-owner and CEO of Simple Finances™. She brings 18 years of healthcare administration experience and over 8 years in the financial industry to help clients improve their bookkeeping and financials and ensure tax compliance and efficiencies. She leads the firm's financial leadership services, with a focus on nurse entrepreneurs and healthcare practitioners building their own businesses.