Monthly Archive for: ‘December, 2014’
How We Helped Some Past Clients
A new client came to us frustrated by their continued low profits. Although they were able to increase sales, their losses became larger. R. P. Minich PC sent out a team to document the financial reporting of the business. We reviewed the accounting system, modified the transaction flow and instituted a cost accounting program and paperless workflow system. After implementing …
Read MoreIRS Phone Call Scam
Tax Scams – The IRS calls you. – The IRS will not contact you by Phone or Email We have been receiving calls from our Clients that The IRS has called them and left a message claiming that they were revenue agents. The message states that you need to immediately call this number (415-506-1286). This is a scam. The Internal …
Read MoreKeep Your Business & Personal Expenses Separate
Business Owners – Do not pay your personal expenses from your business accounts. Transfer the money to your personal account and pay your personal expense from your personal account. Why? Because the accounting work will be easier and if your business is a Corporation or an LLC you could have a problem protecting your personal assets in a lawsuit. Attorneys …
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