Tax Return Review and 2018 TCJA Planning Session for Frederick area Businesses

I'm going to take a moment to address you who might NOT be using our services thus far. There's a word or two for current J Allen & Associates clients here as well, but allow me to explain. You see, sometimes, you just know you need to make a change, but the...

Build A Brand In Frederick And Do It Well

As I write this, the Senate has passed their version of the tax reform bill, and now we wait for the final version of the bill. But here's the big number: Four weeks. Apparently, Congress thinks it can enact a dramatic overhaul of the law, adding substantial new...

Goal Setting For Your Frederick Business

Goal setting. Some people *love* reading and writing about it; but to others, it can provoke a sure-fire rolling of the eyes. Indeed, this whole ritual of "goal-making" can feel very cliche, but look -- we all need little "nudges" to help us actually make changes in...

The Simple ‘Why’ For Frederick Businesses To Consider Professional Mentoring

Whether or not the federal government's continued (as of this writing) partial shutdown affects you, the IRS did manage to pull in about half of its workforce, despite not offering them a paycheck -- which would be a pretty great deal for an organizational leader,...

Ask For The Sale! Frederick Business Owners Sales Psychology

I make it my goal in these weekly notes to pass along information which has proven useful to our firm and our more successful clients. I do this because we want to be a partner with you in helping you grow your Frederick business. We're not marketing "gurus" around...

Solving Problems in Frederick Businesses with Effective Solutions

There's this idea out there among many wannabe Frederick business owners that they have to come up with the next completely fresh idea in order to have a great business. Shows like Shark Tank (which I love) go towards creating this kind of mindset -- although the...

2018 Tax Season Reflections From A Frederick Tax Professional

As I write, it's the day before tax day (which is Tuesday the 17th), and we are pushing hard during this final stretch. Procrastinators in Frederick are streaming through our doors, both virtual and actual (after all, we welcome them here), the phone is ringing off...

Cash vs. Accrual Accounting: Two Main Differences For Frederick Businesses To Consider

I have seen plenty of Frederick businesses get into hot water because they were using the wrong method to track their cash.Yep, today, let's talk accounting. :)Specifically, whether your business should operate as CASH or operate as ACCRUAL. Cash is a great option to...

Three Keys To Shorter Meetings For Your Frederick Business

Last week I wrote about working less, and testing the 80/20 hypothesis for your Frederick business work cycle. I'd love to know if you had a chance to consider putting this into practice, send us an email using the email icon at the top right hand corner of our...

The First Thing You Need To Do

See, relative to their income, the rich are frugal. They save and invest. They spend less than 65% of their take-home pay on day-to-day expenses.

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!