For Small Businesses

What our Clients are saying

Most of my adult life I have enjoyed being an entrepreneur. There have been good years, challenging years and amazingly successful years. I’ve learned a lot about business simply by being in business. But, it wasn’t until I started engaging Utah Real Estate Accountants, that I discovered the priceless value of an accounting firm that understands business.Janet has helped me focus on goals and outcomes, “the difference that makes the difference”. More than ever, I am putting my attention and resources into those actions that will produce the biggest return. Until I found the “Super Accountant”, I had no idea what I was missing. You owe it to your business and your life…get the accounting firm that understands business. – Sterling Anderson, Realtor®

Priceless Value

Three Guidelines for Developing a Successful Referral Network For Your Salt Lake County Business

I've noticed something over the years about particular business people.Scratch beneath the seemingly successful exterior, and there is something very ... small about them. They are always looking for that edge over other people, and are continually in "take" mode.And...

IRS Audit Process – What Salt Lake County Businesses Should Know

If you sell goods online, you are probably aware of the "sales tax earthquake" that rumbled forth from the highest court last week in Washington. In South Dakota v. Wayfair Inc., the court ruled that states and municipalities could now require online retailers to...

What Does The CARES Act Mean For Your Salt Lake County Small Business?

These days are moving VERY quickly, and we are working VERY hard to get communication out to our blog readers, clients, and friends.One huge break is the extension of filing and payment tax deadline to July 15, 2020.You probably already heard that the CARES Act (the...

Let’s Start a Conversation…

I won’t pretend to have ALL the answers, but I’m going to do my best to give you information from the “real world”.

Complimentary Tax Return Review and 2018 TCJA Planning Session for Salt Lake County Businesses

I'm going to take a moment to address you who might NOT be using our services thus far. There's a word or two for current Utah Real Estate Accountants clients here as well, but allow me to explain. You see, sometimes, you just know you need to make a change, but the...

Cash vs. Accrual Accounting: Two Main Differences For Salt Lake County Businesses To Consider

I have seen plenty of businesses get into hot water because they were using the wrong method to track their cash.Yep, today, let's talk accounting. :)Specifically, whether your business should operate as CASH or operate as ACCRUAL. Cash is a great option to start....

What Your Salt Lake County Business Should Do If They Received PPP Funding

I promise that one day I'll write to you and my readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here is a piece of semi-urgent...

Janet Behm’s Small Business Cash Flow Controls

... cash flow.Shoot, this is even true for any nonprofit of any kind of substance.And yes, my meticulous accountant's brain is kicked into high gear in this response, but you need somebody in your corner who is thinking about these things, or your Salt Lake County...

Potential Tax Problems For Salt Lake County Businesses To Fix Before Year-End

We only have one more month (less!) to make any moves that might affect a whole host of things on your tax bill.I have some examples of what I mean here today, but suffice it all to say: If your business revenues, expenses, structures or results changed in a...

Dealing With Angry Customers: A Plan For Salt Lake County Business Owners

As I have been saying to some of my personal tax preparation clients in Salt Lake County, I'm not sure that there is very much that I could say that could add anything to the conversation about what happened last week in Parkland, FL. It seems that every time...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!