So ... I'm not sure if you knew this.Apparently, running a business is expensive. And controlling costs can be daunting.But despite whatever you might see from those gurus who are posing by their Lamborghinis in the Facebook ads ... even the leanest East Coast...

There's this idea out there among many wannabe East Coast 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...

Alright East Coast business owners, we’re going to move aside from tax-related things today (though there will be PLENTY to talk about as Congressional plans unfold) ... and circle back into the nitty-gritty of how business works and share with you some business...

And the books turn over.As we step over the threshold into 2022, we're all staring at much lower numbers in our P/L's. It's a new slate, and the possibilities are endless.What will you do in 2022? That's the question of the hour ... and it has much less to do with...

Whether you’re partial to the Olympics or American football, this past week has brought some great athletic entertainment to many East Coast homes and businesses. As we speak, the U.S. has managed to grab 16 medals – 7 of them gold. Among those gold medal winners...

The shape of your business affects your future and when I'm talking about the "shape," I of course am referring to your East Coast business entity type.Did you know that you CAN change that after the fact? Depending on which entity you are switching to, the process...

For as long as trade has existed, so has accounting. Goods are sold, profit is made, expenses are accrued, and everything gets recorded (presumably, ha!). And it wasn’t THAT long ago that electronic spreadsheets were considered “a big advancement” in...

Any of you East Coast business owners remember those halcyon days when you could "talk a little business" with somebody while traveling ... and then you got to write off the whole getaway on your taxes?Even if that ever really happened, that ain’t today. Now, the good...

One thing you can expect from me come rain or shine is to keep you in the loop on changes to all things tax-related. This week is no exception.There are some important changes to small business tax deductions rolling out, and not all deductions apply to all East Coast...

If you'll forgive me, I'm going to get pretty geeky today.You probably didn't realize that there are actual pros and cons to expense reimbursement for employees, etc. or using a company cc. Oh my East Coast readers, I'm going to take you down a little rabbit hole...