Partnership agreements aren’t required by law. If you don’t have a written partnership agreement, the laws of your state will prevail, and you’ll be obligated to follow them.

Good records are important for monitoring the progress of your business

More personal time is deductible on business trips than one may think, so take advantage of the opportunity to visit family and friends and see the sights!

When Gary Eisenkraft was writing and playing music in the 1970’s he never imagined that his artistic gift would become a professional advantage. Eisenkraft was smart and gained valuable experience over the years. But without a vision and a marketing strategy to achieve it, he had become just another talented CPA whose book of business didn’t begin to match his potential

Many studios have effective design and marketing processes. However, cost accounting and financial analysis are often seat-of-the pants endeavors or done using marginally effective methods. In this article I discuss the financial feedback you need to manage, build and expand your firm and profit from your work.

Back when Jimmy Carter was president, his anti-inflation czar, Alfred Kahn, was chastised for his excessive frankness when he spoke about a possible recession. Therefore, he was strictly instructed by the White House not “to utter the ‘R-word’” in Congressional testimony he was about to give. When asked by Representatives whether the economy was in a recession, he replied faithfully that he could not say that, but that it was in his view in

"a banana." Bruce MacEwen

Recently, New York State created an interagency strike force to “address the problem of employers who inappropriately classify employees as independent contractors.” The Joint Enforcement Strike Force includes staff from the Department of Labor, the Attorney General’s Office, the Department of Taxation and Finance, the Workers’ Compensation Board and the New York City Comptroller’s office.

Cash is a design tool. Without it, exciting product design can’t happen. With all best intentions you strive to pay your employees, vendors and landlord promptly.