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Posted by: Charles P Myrick CPA Posted on: Jul 21 2022

Why Start Your Own Business?

Starting a business is hard work, and the success rate is low — just look at the first year failure rate. Only 78.5% of small businesses survive their first year.

There are many reasons that some business startups are more successful than others. One interesting line of inquiry looks at the reasons a person wants to be an entrepreneur. 

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Posted by: Charles P Myrick CPA Posted on: Feb 18 2022

Solopreneurs as a Business Entity

What is a solopreneur, and what kind of business can a solopreneur form or develop?

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Posted by: Charles P Myrick CPA Posted on: Jan 18 2022

Is Your Overdue Tax Bill Keeping You Awake at Night?

Perhaps you’ve received a letter from the IRS recently and have been informed that they’re beginning the collection process of delinquent tax liability debts and that you are one of those debtors. On the other hand, perhaps you haven’t gotten a letter, but anticipate getting one soon, now that the IRS has resumed collections after the COVID-related pause of last year. Remember, they can go back for ten years to collect from past-due income tax filings. Knowing that you owe a large sum of delinquent back taxes without realizing precisely what can or will happen next could be keeping you up at night. 

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