Wbt - World Of Business And Taxes

All of us need to be prepared for death, it happnes, it is a part of life. If you are still married you are a team, get everything ready so your spouse is prepared. If you are widowed, get prepared so your family is ready. I know, you don't like to think about it but it has to be discussed and planned for.

While everyone is at the beach during the summer time - scammers are trying to get your money. Beware of these scams.

Don't be afraid to copy a business model that is working. Don't recreate the wheel. Look at other companies and what their business model is and form it to fit your company.

Our tax code has become to complicated, out of date and putting Americans in trouble with the tax code. Please contact your member of Congress/Senate and tell them to simplify it. Go to: www.waysandmeans.house.gov/taxreform

We are in business but we don't know everything in business. Put together an advisory board that will be provide you with the best direction when needed.

Everytime that you are working on starting a business or working on a project - ask the questions "what is my legal risk".

Even if we fail we still have value.

We are all here for some special reason. Stop being a prisoner of your past. Become the architect of your future.

Everyone needs to set up their estate and will, at any age. And you need to know the rules of gifting your estate to your heirs.

Stop spinning political nonsense, read and study, be independent. Dont spin what politicians spin to you.

Our business skills are more vital today then ever before. No rely upon just technology, we have to focus on our business skills.

To read the new Senate healthcare bill - here is a link for you to read: www.icontaxgroup.org

If you are doing Lift, Uber or AirBNB you are part of the sharing economy and your running a business. 5 tips are here in this podcast to help you.

If you are operating your business out of your home - take the home office deduction. The IRS sent out a notice reminding small businesses to take the deduction - simplified or regular method.

If you are putting your vacation on a credit card you have just created debt. Debt is bad. You have other options.

ACA repeal and Tax Reform is needed. GOP Congress has had eight years to complain and come up with a plan. You have time to really think about this. Do not delay it any longer.

From the start of your business your brand image should be tied to your core values - your mission as a company.

Every business need to follow the ten commandments of business. It is vital to think big- but if you do not execute it will never get done.

Some of the most successful people I know are also the nicest. That's no coicidence, since no one ever does anything worthwhile alone - and that means building a great relationships is a key contributor to success. This is taken from an article written by Jeff Haden or Inc. Great article

Hate, it has caused a lot of problems in the world, but has not solved one yet - Maya Angelou