This is a surprising interview with my long term CPA, Gina Magel.
We hit on a major list of topics and I'm willing to bet there are some you never realized. Just a few include:
Why the legal structure is better not in your own name.
What might be the proper or choice of business structure.
How does it affect your net income
How health insurance is handled.
Why you might want a multi-structure business.
How structure affects your ability to maximize the tax code.
How your C corp may hire your S corp or vice versa
We discuss some of the popular dangers of the 'New Entrepreneur'.
The need to do some things before you start your business. YES, before that popular mantra, Take Action.
Why would planning for monthly and yearly revenue by product for a couple of years is important before you even know what your businesses first sale is.
2 Reasons why you must constantly market.
How a 19 year old boy trying to get a date is like a marketer looking for their next sale.
When/how to fire a client.
When can outside home maintenance be deductible.
How many personal decisions need to be know to your CPA.
How to get in touch with Gina Magel, my CPA:
Web Site: http://www.commoncentsaccountant.com/
Phone: (480) 529-5001