GRANTHAMPOOLE NEWS & UPDATES
The 6 Most Costly Mistakes Made by Business Owners: Ignoring Intellectual Property
Most likely, after reading our first three articles in this series, you’ve recognized that it’s best to proactively avoid costly mistakes when starting a business rather than retroactively correcting them. This next pitfall is no exception. Perhaps equally...
read moreThe 6 Most Costly Mistakes Made by Business Owners: Failure to Assemble the Right Team
In our two previous articles on the costly mistakes business owners with the best intentions sometimes make, we discussed selecting the appropriate entity type and establishing proper pricing of goods and services. Of equal importance is the careful...
read moreThe 6 Most Costly Mistakes Made by Business Owners: Underpricing Your Product
In our last installment, we discussed the crucial nature of selecting the right entity type for a new or growing business. This week, we’re going to cover another dangerous pitfall for business owners: underpricing their goods or services. For...
read moreThe 6 Most Costly Mistakes Made by Business Owners: Choosing the Wrong Entity Type
Running a business is hard. Anyone that has ever run a small business knows that there are a multitude of mistakes to be made and each one offers its own series of lessons about how to do things better the next time. However, it’s good to...
read moreFraud Is Still Alive and Kicking
A number of years have passed since the headlines were filled with stories of Enron, WorldCom, and Bernie Madoff. While the media has moved on from these sensational stories, fraud continues to be perpetrated with astounding frequency. ...
read moreDouble Down on Your Charitable Giving Deductions with Appreciated Stocks
Charitable giving is one of the most popular tax deductions for people who itemize their deductions. Not only are you helping the charitable organization of your choice, but you also get a tax break! The easiest form of charitable giving is, of course,...
read moreHSAs and Why You Should Take Advantage
Health Savings Accounts (HSAs) are a great way to set aside money to pay for both unexpected and expected medical costs. And an even greater benefit – you may qualify for a tax deduction! The tax benefits of an HSA are favorable and can be substantial. An...
read moreRethinking Itemized Deductions
The 2018 tax season saw major changes for most taxpayers due to the Tax Cuts and Jobs Act’s (TCJA) inaugural year. Many taxpayers found that they were no longer able to itemize deductions as they had been in years past. While there is little you can do to...
read moreHome Sweet Home Mortgage Interest Deduction
One of the many changes in the new tax law that may impact you is the mortgage interest deduction. This is still a favorite deduction despite the significant increase in the standard deduction. It is important to first understand how the IRS defines...
read moreMississippi Sales Tax Holiday to Include School Supplies
The Mississippi Sales Tax Holiday of 2019 will take place between Friday, July 26th and Saturday, July 27th and will include school supplies in addition to clothing and footwear. For further guidelines, please visit the link below:...
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