Tag: entrepreneurs academy

Great News! Enhanced Services at Business Resource Partners!

Posted on by Lorrie Reid

We have some exciting news to share with you!

We are now offering both business and personal tax return preparation. We have extended our business hours on Tuesday through Friday until 7:30pm, and Saturdays from 9am-2pm. We are happy to offer other hours by appointment to accommodate your schedule.

Our team of experts is happy to help with all of your tax needs. Our dedicated staff speak several different languages including Spanish and German. We are looking forward to assisting you with all personal and business tax returns.

Our team of professionals represent many facets of Accounting:

~Lorrie Reid, our owner and founder, has completed the Annual Filing Season Program, a brand new certification from the IRS

~Michael Jacobson holds a Masters Degree in Accounting

~Mythili Richards, our IRS Enrolled Agent, is certified to represent you to the IRS in the event of a tax issue

~Stephanie Rubin is our Payroll Specialist/Office Manager

~Andrea Gregori is our multi-talented Administrative Assistant

We look forward to working with you!

Call us at (321) 236-2771 for further information and appointments, or visit us at 310 Almond Street, Clermont FL 34711.

 

OVERTIME LAW – Important News for Employers

Posted on by Lorrie Reid

The new overtime rule will not be going into effect on Dec 1st. At least temporarily the ruling has been blocked by an injunction issued by a federal district court in Texas. This injunction extends nationwide. Click to read more on the Overtime Law and the Injunction.

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Beware of Fake IRS Tax Bill Notices

Posted on by Lorrie Reid

As the year ends and tax season starts, the first scam warnings have arrived. This notice was sent regarding fake IRS tax bills related to the Affordable Care Act. Please read the below information (IRS Tax Tips 9/23/2016) or click this link to get redirected the IRS.gov website.

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Issue Number: IRS Special Edition Tax Tip 2016

Inside This Issue

Beware of Fake IRS Tax Bill Notices

The Internal Revenue Service and its Security Summit partners are warning taxpayers and tax professionals of fake IRS tax bills related to the Affordable Care Act.

The IRS has received numerous reports of scammers sending a fraudulent version of a notice- labeled CP2000 – for tax year 2015. The issue has been reported to the Treasury Inspector General for Tax Administration for investigation.

This scam may arrive by email, as an attachment, or by mail. It has many signs of being a fake:

– The CP2000 notices appear to be issued from an Austin, Texas, address;

– The letter says the issue is related to the Affordable Care Act  and requests information regarding 2014 coverage;

– The payment voucher lists the letter number as 105C;

– Requests checks made out to I.R.S. and sent to the “Austin Processing Center” at a post office box.

IRS impersonation scams take many forms: threatening phone calls, phishing emails and demanding letters. Learn more at Reporting Phishing and Online Scams. The IRS does not initiate unsolicited email contact or contact by social media.

An authentic CP2000 notice is used when income reported from third-party sources such as an employer does not match the income reported on the tax return. Unlike the fake, it provides extensive instructions to taxpayers about what to do if they agree or disagree that additional tax is owed. A real notice requests that checks be made out to “United States Treasury.”

The IRS and its Security Summit partners – the state tax agencies and the private-sector tax industry – are conducting a campaign to raise awareness among taxpayer and tax professionals about increasing their security and becoming familiar with various tax-related scams. Learn more at Taxes. Security. Together. or Protect Your Clients; Protect Yourself.

Share this tip on social media — #IRStaxtip: Beware of Fake #IRS #Tax Bill Notices. http://go.usa.gov/xKe69

 

 

Netflix’s House of Cards Teaches Us On Why Most Companies Fail

Posted on by Lorrie Reid

Contributed by:  Michael Jacobson

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As I read this article (https://www.linkedin.com/pulse/what-netflix-house-cards-can-teach-us-why-most-companies-abbott), I learned that the chief reason businesses fail is because they do not follow a Core vs. Critical principle emphasized in business. In order to elaborate, the Core is what your business is all about. The Critical is the challenge in delivering the business product or service to your customers.

People love Netflix due to “House of Cards” and other unique programming. In order for the company to satisfy the customers and realize its Core, Netflix had to deliver streaming quality, Critical, so customers would pay for the service. Customers do not care how House of Cards is delivered to them as long as they can watch the program wherever and whenever they desire. Netflix knew Amazon Web Services already offered excellent streaming software. Netflix used what was already existing so it could focus on gaining strength in content selection. Netflix did not have to go through the hardship of building its own streaming software. The company partnered with Toshiba and Panasonic so they could accomplish their Critical and bring Netflix-ready devices available for use. The company “outsourced Critical to remain focused on Core.”

HOC2Businesses fail because they lack partners to take on the Critical. Once you get your partners in your Critical, then Business Resource Partners is the perfect partner for your Core. We help you with having a complete set of financials that are understandable to you. When you have a complete set of books, you are ready for your taxes, your banker and much more. Be sure to call Business Resource Partners when you are ready for a partner in your Core.