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May 11, 2021

What Is Benchmarking?

Benchmarking is the process of comparing your own organization, operations, or processes to prior period results and/or to other organizations in your industry or in the broader marketplace.  Many organizations compare themselves to competitors to identify and eliminate gaps in service or product delivery or to gain a competitive edge.   The most common driver

May 11, 2021

Ten Tips for Choosing a Tax Preparer

  Taxpayers are ultimately responsible for all the information on their income tax return. That’s true no matter who prepares the return. Here are ten tips for taxpayers to remember when selecting a preparer:   Check the Preparer’s Qualifications.Use the “IRS Directory of Federal Tax Return Preparers with Credentials and Select Qualifications”.  This tool helps taxpayers find

May 11, 2021

LLP vs. LLC

There are many similarities between an LLP (Limited Liability Partnership) and an LLC (Limited Liability Company).  However, there are a few key differences one needs to examine in making a choice between registering a company as one or the other.  State laws vary and it is possible that your type of business is restricted (between

May 11, 2021

Habits of Strategic Minds

The strategic mindset is about more than just getting things done.  it is about looking at things in a careful and thoughtful manner.  It is about thinking beyond the simple day to day tasks sitting in front of you. It is about taking a disciplined and effective approach to thinking.  The strategic mindset looks at