Buying & Selling A Business

• Should I Buy Or Build?
• Buying Property With The Business?
• How To Know The Profit Is Real
• ROI And The Tax Multiplier

FAQs & Worksheets

• Annual Checklist
• How To Backdate Inventory
• How To Forwarddate Inventory
• Should I Buy Or Lease?
• Should I Replace Or Repair?
• LA Sales Tax Exemption On Food

For The Manager

• What/How To Report To Owner
• Want To Buy Your Own Business?

Accounting

• Accounting Is Not A Mystery (Short Version)
• Accounting In Not A Mystery (Long Version)
• Cost Of Goods Sold
• Cost Of My Own Labor Is Not Deductable?
• Prepaid Sales Tax
• Quickbooks End Of Year Maintainance
• Quickbooks Payroll Classes
• Quickbooks Training Schedule
• Service Station Accounting
• Simplified Costs Of Goods Sold (Post Katrina)
• Avoid The Chart Of Accounts Drift
• Petty Cash Account
• Retail Accounting
• Service Station Chart Of Accounts
• Stolen, Destroyed, Or Obsolete Merchandise

Management & Profitability

• The Luitenants Model
• Pareto Principle (80%-20% Rule)
• Ratching Down In A Down-Turn
• Example of A Marine Corps Type Order
• Three Focus Levels?
• Emotion And Business
• November-February Sales Doldrums
• Location! Location! Location!
• Mark-Up And Gross Profit

Labor Issues

• Beating Overtime Expense
• Communicating With Employees
• Contract Laborers: A Trap!
• Get More Out Of Your Employees
• Increasing Manager's Salary?
• Stop Hiring Warm Bodies
• Tell Me About Your Manager
• Warning About Labor Issues

Income Tax

• Louisiana Fair Plan Tax Credit
• Education Credits
• GO Zone Property Deductions
• The Holy Grail Deduction-You Won't Find It
• Home Improvements As Medical Deductions
• How Do I Make A Tax Decision? (Please Read)
• Itemized Deductions Checklist
• LLC Roadmaps (A Few Extra Things You Have To Do)
• Scholarships
• SIMPLE IRA?
• When Do I Itemize?
• Why Is My State Refund Taxable?
• 530 QTP's (Qualified Tuition Plans)

Business Resources & Reports, Inc.

Business Resources & Reports. Inc is a non-CPA write-up and tax accounting firm that specializes in small business.

Our clients have businesses in Jefferson Parish, Orleans Parish, Saint Tammany Parish, SW Mississippi, and a few in Atlanta GA. A large number of our clients are gasoline service stations but we have a variety of others including restaurants, dry cleaners, a florist, and commercial air conditioning installation to name some.

Wage information, rates, & news:

Minimum Wage

Effective 7.24.2008 - $6.55

Effective 7.24.2009 - $7.25 (current rate as of 2014)

Mileage Rate

Mileage Rate 2013 - .56 1/2 cents/mile

Mileage Rate 2014 - .56 cents/mile

IRS Payments

Official Payments Corporation, Inc. Call - (888) 272-9829

Pay any federal or state income tax with a debit/credit card. (no checks)