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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121431  
Subject: Re: Deductible? Or Expensed? Date: 4/13/2013 9:45 AM
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My questions seem to be amazingly clueless to me, but that's where my knowledge is at this point. Gotta start somewhere!

And that somewhere is your very own accountant. As a knuckle-dragging IRS collection thug I saw countless small businesses fail. Practically to the owner, they hadn't a clue about the financial side of the business. All they knew was that they were working 60 hours a week and losing money. Please, please, please spend some money up front on advice.

On the unpaid advice front, here's a freebie from me. I don't know what kind of business this is, but if you try to manage it remotely and it's at all possible, your employees will steal you blind.

Phil
Rule Your Retirement Home Fool
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