Business Owners: Do you even know what GAAP standards are?
There’s an old saying “If you think it’s expensive to hire a professional, wait until you hire an amateur.” Most people would not consider practicing law, performing surgery or designing a building without a specific level of education, but new business owners sometimes roll the [...]
Don’t destroy the legal protections of your entity.
The importance of separating business and personal finances cannot be overstated. Comingling of business and personal expenses can affect tax returns, legal protections, funding and forecasting. If a company is a very small sole proprietorship, partnership or LLC and the owners need to take [...]
Cleaning Home Offices Tax Write Off
Did you Know??? Cleaning Home Offices When you operate a business out of your home or your employer requires you to work remotely, the IRS allows you to claim a portion of your monthly housing expenses in the home office deduction. The amount of your [...]
Behaviors that executives and business leaders should always avoid
10 Things Leaders Should Never Do What causes executives and business leaders with great potential to self-destruct? Their own behavior. These are behaviors that executives and business leaders should always avoid. They don't just diminish your leadership ability, your presence, your credibility, your reputation. They [...]
How to Be Assertive and Get What You Want at Work
In this article, we're going to explore the happy middle ground – how to be assertive without fear and without going overboard. Know what you want to say. Being assertive is all about your communication style. If you don't have a crystal clear picture of [...]
Business Accounting and Taxes
At F.A.S.T., LLC our team works with you to identify, develop and maintain record keeping and accounting systems that fit your business. From financial statements compilation to reporting to state and federal government agencies, the team at F.A.S.T. can get it done efficiently. After preparing [...]
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