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Posted by: Charles P Myrick CPA Posted on: May 23 2017

How to Know If a Sole Proprietorship is Right for You?

When you are starting a new business, it is important to determine the structure that makes the most sense for the needs of your company. Although many entrepreneurs start as a sole proprietorship it is a good idea to understand the advantages and disadvantages of doing so. Before you make a decision, you should obtain the help of a qualified CPA. 

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Posted by: Charles P Myrick CPA Posted on: May 16 2017

Is an LLC the Best Structure for Your Small Business?

When you are starting a new business, the structure or business entity that you choose makes a difference. Many new entrepreneurs have to decide between an LLC (limited liability company) and a sole proprietorship. The truth is that there isn’t one single answer to the question of LLC vs. sole proprietor, and you should obtain the help of a qualified business advisor to make this decision. 

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Posted by: Charles P Myrick CPA Posted on: May 09 2017

How to Take Control and Make Your Money Work for You

You know that financial health is the key to peace of mind. When your money is working for you, you can provide for your family and retire when you're ready. The system doesn't own you. Instead, you are in control.

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Posted by: Charles P Myrick CPA Posted on: May 02 2017

How Will a Business Advisor Help Your Small Business?

You want your business to thrive, so you’re considering hiring a small business advisor. Before you dive in, you want to make sure that a business consultant will help your business. There are many ways that consultants help companies thrive. Here are four of them: 

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Posted by: Charles P Myrick CPA Posted on: Apr 25 2017

How to Get Startup Loans to Expand Your Small Business

If you're in the process of moving from self-employment to a more formal startup business, one common problem that you may face is cash flow. To start a successful business you will need sufficient money to build a strong foundation. Startup business loans are a great option to help you get access to the funding that you need. Here are a few things that you need to know if you are trying to use small business startup loans. 
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Posted by: Charles P Myrick CPA Posted on: Apr 18 2017

The Truth About the Limited Liability Company

When you are starting a new business, the structure or business entity that you choose makes a difference. Many new entrepreneurs have to decide between an LLC (limited liability company) and a sole proprietorship. The truth is that there isn’t one single answer to the question of LLC vs. sole proprietor, and you should obtain the help of a qualified business advisor to make this decision. 

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Posted by: Charles P Myrick CPA Posted on: Apr 11 2017

Why Use Property Management Accounting Software?

As a property manager, accounting is part of your daily life. In addition to dealing with all the challenging tasks of property maintenance and tenant or owner issues, you have to monitor the books. Many small property management companies find a paper accounting system sufficient - until they start to grow and expand. If you are struggling to keep up, paper may be holding you back. It may be time to switch your property management accounting system from paper to software.

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Posted by: Charles P Myrick CPA Posted on: Apr 04 2017

How to Manage Rental Property Income

In our past blogs, we’ve talked about some of the tax deductions you can get as a landlord. But guess what? None of those tax deductions matter if you don’t have the records to claim them. 

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Posted by: Charles P Myrick CPA Posted on: Mar 28 2017

What Do Business Advisors Do?

If you’re a small business owner who is considering hiring a business advisor, you probably want to learn more about what advisors do before moving forward. Business advisors, or business consultants, take care of several tasks, making it easier for you to run a successful business. Check out some of the top tasks that small business consultants handle. 

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Posted by: Charles P Myrick CPA Posted on: Mar 21 2017

Tax Saving Strategies: Roth or Traditional IRA?

There are a few differences between a traditional IRA and a Roth IRA, and it is important that you understand these distinctions when you are choosing your retirement savings platform. Both types of retirement savings accounts can be beneficial, and you should talk with an accountant or qualified financial advisor to make the decision based on the best tax savings strategies for your individual needs. 

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