9 Time Bombs to Financial Security
I recently read an article by Dan Serra discussing these time bombs: Having too much debt Keeping too much cash in the bank Making extra mortgage payments Investing more than 50 percent of your 401(k) in your company stock Having more than 25 percent of your investments in one investment Seeking advice from family or [...]
New Lease Exposure Draft Could Hurt Your Balance Sheet and Violate Your Loan Covenants
On August 17, 2010, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) published an Exposure Draft on lease accounting that would essentially eliminate off-balance-sheet financing through operating leases. The exposure draft would require lessees to book assets and liabilities for all leases. Comments on the proposed Accounting Standards Update are due [...]
We need a crystal ball for tax planning!
As we near the last quarter of the year, it should be time to start tax planning. But like most recent years, there is uncertainty. Tax credits and exemptions set to expire at year end, may or may not be extended. Most importantly, we don’t know for sure what the tax rates may be in [...]
Are you achieving your goals?
Goal setting is a powerful technique used to help achieve objectives. With goal setting we can organize our lives, prioritize items of importance and just get things done! Follow these four simple steps for successful personal goal setting: Set a goal you’re emotional about Create tactics to achieve the goal Share your goal with others [...]
Top 5 Reasons to use a QuickBooks Advanced Certified ProAdvisor
At Schlabig, we’ve paid careful attention to the support and service you need to help grow your business and increase your productivity, especially as it pertains to QuickBooks. That’s why several of our associates are both QuickBooks ProAdvisors and Advanced Certified ProAdvisors. And here are the top 5 reasons why you should take advantage of [...]
