Forty percent of all US small businesses are owned by Baby Boomers, and about 10,000 of them are retiring daily. That translates into a lot of businesses being bought and sold. If you are thinking about potentially selling your business, this is the podcast for you.

If you have questions about the Form 1040 aka the US Individual Income #tax return, then we have answers.

Our hosts discuss the common law factors that drive the the answer to whether someone is an employee or an independent contractor.

Host: JamisonMoneyFarmer PC CPAs Rachel Taylor

Kim and Andrew go over the nuts and bolts of insurance and bonding needs for contractors and subcontractors. Andrew covers general business liability coverage, worker's compensation plans, commercial auto, and excess liability or umbrella policies.

Our hosts discuss the emergence of side hustles and even full-time careers as social media influencers and gig workers, and the tax considerations for those taxpayers. We cover 1099s - who gets them and why, self employment taxes, and if free gifts for influencers are taxable. We also cover what's deductible from 1099 income. In addition, there is a discussion sales tax remittance requirements for internet retailers.

If you have foreign income, foreign financial assets, or own foreign business interests, this is the podcast

for you. Lauren and Viki discuss the most widely faced issues for US nationals who work outside the

country and foreign nationals who are working in the States for an extended period of time. Those

topics include worldwide income, substantial presence tests, non-resident returns, FBAR reporting, tax

treaties, and the penalties associated with these requirements.

Hosts: JamisonMoneyFarmer PC CPAs Lauren Roberts and Viki Gryska

We are having a general business conversation and we are human so not every detail, example, or

exception might be an exact match to your circumstances or understanding, so please don’t hesitate to

reach out for help or clarification.

Connect with Us:

Web: www.JMF.com

Email: [email protected]

Twitter: https://twitter.com/JMFCPAs

Phone: 205-345-8440

Our hosts discuss Identity Theft and business Cyber threats and the best practices businesses and

individuals can do to protect themselves. Josh Angel mentions multi-factor authentication (MFA),

password management, the balance of security and usability for business owners, phishing attempts,

spam filters, “human firewalls”, and patch management.

Hosts: JamisonMoneyFarmer PC CPAs Bobby Bragg and Josh Angel from JMF Technologies

We are having a general business conversation and we are human so not every detail, example, or

exception might be an exact match to your circumstances or understanding, so please don’t hesitate to

reach out for help or clarification.

Connect with Us:

Web: www.JMF.com

Email: [email protected]

Twitter: https://twitter.com/JMFCPAs

Phone: 205-345-8440

Our Timber and Natural Resources practice group leader Orman Wilson talks with Rachel Taylor about

most of the basics for owning timber land and how it is taxed. They touch on the most common ways to

calculate your tax basis of land and timber, timber farming, a forestry management plan, and estate and

inheritance strategies around timber.

Orman has spoken to many Alabama land owner groups and foresters on various timber tax issues

over the years. He brings a bunch of knowledge and a great sense of humor. They cover a lot of

ground in this episode.

Hosts: JamisonMoneyFarmer PC CPAs Rachel Taylor and Orman Wilson

We are having a general business conversation and we are human so not every detail, example, or

exception might be an exact match to your circumstances or understanding, so please don’t hesitate to

reach out for help or clarification.

Connect with Us:

Web: www.JMF.com

Email: [email protected]

Twitter: https://twitter.com/JMFCPAs

Phone: 205-345-8440

Lauren and Kim share some war stories about unfortunate tax situations that we like our clients to

avoid, or in other words, Tax Bloopers! We touch on income tax withholding issues, self-

employment taxes, like kind exchanges, cashing out 401(k)s, and QCDS (qualified charitable

distributions).

Other topics include initial business tax returns, closing entities and the related final tax return,

unusual cash proceeds like business interruption insurance, lottery, inheritance, etc., and late filing

penalties.

Hosts: JamisonMoneyFarmer PC CPAs Lauren Roberts and Kim Smith

We are having a general business conversation and we are human so not every detail, example, or

exception might be an exact match to your circumstances or understanding, so please don’t hesitate to

reach out for help or clarification.

Connect with Us:

Web: www.JMF.com

Email: [email protected]

Twitter: https://twitter.com/JMFCPAs

Phone: 205-345-8440