Blog
Provisions of the Second Coronavirus Relief Bill That Affect Salt Lake County Small Businesses
Wow, does it ever feel good to have turned the page on 2020. This first "working week" is when I finally began to feel the newness of it all.Yes, it's "just a date" on a Gregorian calendar, but ...2021 holds great promise for investors. With the potential of easing...
Ultra Last Minute Tax Moves for Salt Lake County Businesses
It's going to take us many weeks to digest everything in this massive omnibus of a relief bill that the President signed on Sunday night.And with year-end barreling at us (2021 is on FRIDAY), it's unlikely that you will be able to make substantive action THIS WEEK.But...
Janet Behm’s Annual Holiday Prayer
Well, Congress seems to have heard the cries of the huddled masses of SMB's around the country, and more PPP funding is (seemingly) on the way.Details aren't finalized yet as of this writing, so I will have more to say on these matters in future weeks.Even these early...
Behm’s Guide To Getting Tasks Done
Maybe I'm writing this today because we're very much feeling the end-of-year crunch here at Team Utah Real Estate Accountants.Really, we only have a few business days left before 2020 is in the rearview. Yes, my heart wants that to happen YESTERDAY, but my business...
The Cares Act, Salt Lake County Business Owners, And Student Loan Repayment
2021 is hurtling at us, isn't it? May it ever come sooner.Well, except for this part:I'm here to remind you to plan now for how to best position your income, assets, and other revenues for the most favorable tax positions possible.Let's make some tax-smart moves...
An Important PPP Loan Update For Salt Lake County Business Owners
There's both good news (for some) and bad news (for many) as we round the corner into December.And I'm not talking about our culture, or politics, or sports, or anything like that.I'm talking about TAXES. I'll start with the good news. This is applicable to...
Janet Behm’s Reasons for Gratitude for 2020
With all of the insanity of 2020, it seems a bit crazy (and a bit of a relief, to be frank) that we now find ourselves in Thanksgiving week.I have some thoughts, which are perhaps a bit more meditative than normal, because of how this holiday works for tax...
8 Important Steps for Salt Lake County Non-Profits Before Year-End
With the increased standard deduction this past year ($12,400 single, $24,800 married filing jointly, $18,650 head of household), some smaller charities began to see a decrease in donations.This year might be worse.Yes, I hate to be the one to say these things, but...
The Seven Primary Tasks For Any Salt Lake County Business Team
A week past the election, and still plenty of disagreement about the results.That means this is another week where you have the opportunity for the other chumps out there to get massively distracted by the political war games ... while you go about quietly building...
Keeping Your Salt Lake County Business Focused During Distracting Times
Apparently there's some news happening around us in Salt Lake County these days.I often use this space to share specific, detailed information about PPP forgiveness, tax code updates, leadership and marketing strategy, expense reduction, and more -- all essential...
Why a Pre-Mortem Analysis for Any New Salt Lake County Business is a Necessity
Right about now, there are writers and analysts already preparing the articles about why the Trump campaign failed. AND right about now, they might be doing the exact same thing in regards to the Biden campaign.Obviously, as of this writing, we have no idea what's...
Janet Behm’s Perspective On Proposed New Tax Policies
Oh, you thought I would tell you who I thought would win the presidential election?Nope, I'm not going there.I'm a tax professional though, and I'm not immune to conversations about proper planning for either eventuality. In my opinion, however, the BEST advice about...