Fri.Aug 27, 2021

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Possible Tax Consequences of Guaranteeing a Loan to your Corporation

RogerRossmeisl

What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or indemnitor of a debt obligation of your closely held corporation, be aware of the possible tax consequences. If your corporation defaults on the loan and you’re required to pay principal or interest under the guarantee agreement, you don’t want to be blindsided.

Tax 246
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Creating Searches and Reports in NetSuite

AccountingDepartment

NetSuite searches and reports provide the data managers need to run and improve their business. Here's how to use them.

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13 Ways an Effective Accounting System Can Improve Business Decisions

Ronika Khanna CPA,CA

An accounting system can be an extremely powerful tool for business owners. When structured with the specific needs of the business in mind, it has the power (through the magic of debits and credits) to convert data into a format that tells an interactive, completely personalized story about your business. By providing feedback on how your business is doing it allows you to understand its strengths and weaknesses which ultimately helps you to improve profits.

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Who Do You Want To Be Around? – Flashback Friday

RitaKeller

“Few things are harder to put up with than the annoyance of a good example.” – Mark Twain. You are easing into the hectic “Fall busy season.” This flashback post was written just before Labor Day in 2014 and asks you to look around and see who you are hanging out with. You have a choice about which people to surround yourself with.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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5 Ways to Grow Your Business

RogerRossmeisl

(This is Blog Post #1083). The post 5 Ways to Grow Your Business appeared first on Roger Rossmeisl, CPA.

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