Carl Miller Law Office Blog …
How to Be Less Busy And More Productive
As a small business owner, do you think about how to be less busy and more productive? Busy, Busy, Busy! One of the most common themes among small business owners is “busy.” I speak to men and women who own companies all the time and inevitably, they are all “busy,...
Now Is the Time to Reassess Your Business Goals
Is it time to reassess your business goals? What led you to open your own business? To go out on a limb and either buy into a franchise, stick in the family business, or leave the corporate world to hang your own shingle? In my experience, a lot of small business...
Key Metrics You Should Be Tracking (And Celebrating!) To Boost Your Bottom Line
Being a business owner is a truly complicated proposition and there are key metrics you should be tracking. Not only are you dreaming up a new idea, but you’re also building it, refining it, and testing it – all at once. Usually while you’re taking care of customers....
What Are The Chances of Being Audited?
Do you ever wonder what the chances are of you or your business being audited? Every year, about 1 in 250 Americans get that audit letter. Why? The IRS has never published a specific list of infractions that cause an audit. But they have given us hints over the years...
How Often Should You Speak With Your Tax Accountant?
Most people don’t meet with their tax advisors often enough. Situations vary, of course, but you want to meet often enough to establish a strong relationship. And that’s usually at least once a quarter. Frequency Of Speaking With Your Tax Accountant? If you can’t...
Business Advice & The Bad Advice That Cost A Man Seven Figures in Taxes
I never thought I’d see so many bad habits among such smart people. Taking Bad Business Advice No, I’m not talking about personal habits, or even business decorum. I’m talking about taking bad business advice. How to handle money. How to think about building a...
Growth Opportunities for Business Owners in 2021
No matter the challenges or successes you experienced last year, consider making 2021 a year of growth opportunities. Make 2021 A Year Of Growth Opportunities Dare to do something new. Think of doing more than simply expanding your client base or pouring more money...
Top 4 Mistakes Business Owners Make To Wreck Their Taxes
In this article we're going to look at the top four mistakes business owners make to wreck their taxes. But first, if you haven’t heard yet, the deadline to file personal taxes has been extended to May 17th. If you are stressed about what effects COVID and a slow...
WARNING: Why NOT to Use the Equity In Your Home
There has been a lot of drama this last year, and no one can say otherwise. Even with a new president, mass vaccinations, and a “united” Congress, the pandemic isn’t going away. And people are still hurting financially. Should You Use The Equity In Your Home? It’s...
Helping Your Child with Their First Tax Return
Is this the year where you will be helping your child with their first tax return? Every decade brings a new generation of taxpayers. As this happens, old clients and friends reach out for guidance as their kids or grandkids are beginning their “journey” as...
Choosing Your Business Entity: 5 Things to Think About
Before choosing your business entity, here are some things to think about before you make any decisions. Five 'Business Entity' Questions To Think About Basically, I’ve got five questions for you to think about before you decide on your business entity. And, if the...
Is It Time to Rethink Your Business Structure?
This is the time of year many of my business clients begin thinking (or doubting) about their business structure, how they’ve defined their businesses. Should you be a “C” or an “S” corporation? Should you evolve your LLC into a slightly different version of an LLC...
When It Comes To Retirement: Fail to Plan? Plan to Fail.
For years, entrepreneurial coaches and speakers like Loral Langemeier and Ted McGrath have pretty effectively summed up the man or woman who opens their own business as a person who jumps off a cliff and builds themselves a plane on the way down. Today, though, a...
Grow Your Skills To Grow Your Income
Resolve To Grow Your Skills Okay, we’re a few weeks into 2021 and did you resolve to grow your skills in the new year? A LOT of folks have already forgotten those New Year’s Resolutions from December 31st. In reality, that’s nothing new. But I want to ask you to make...
Growing Your Money & Investments In 2021
Growing Your Money It’s no secret that many of my articles are about growing your money. Or, at least keeping more of your money. But the fact is, now we’ve all made it through 2020, it’s time to get back on track. What do I mean? Did You Slow Down Investing or...
2020 Stimulus Paperwork – Don’t Wait!
We made it through 2020 and amidst all the noise in the news about vaccines and 2020 stimulus bills, that seem to be funding everyone BUT business owners in the United States, I want to share a few things. 2020 Stimulus For Small Business First of all, while Congress...
Life Insurance as a Retirement Plan?
Yes, you read the title correctly. Now, first things first, I’m NOT a life insurance specialist, but my industry works closely with a wide range of specialists in the retirement, estate planning, legal, and investment fields. Life Insurance As A Retirement Plan One...
The Gig Economy & Getting Clear On Taxes
One of the least common things for many people who get a regular paycheck is a tax bill. Oh, sure, you might have to pay a few hundred dollars once every few years on April 15th. But for the most part, the United States Tax Code is designed to allow you, as a wage...
Financial Leadership in 2021
We’re closing out a crazy year and as we send it off, I wanted to look at financial leadership and making the most of the new year. Financial Leadership & Key Strategies We’ve all had to learn to stay competitive this year. But many of the business owners I’ve...
Tax Savings: Do This Before the End of the Year!
It’s easy to get lost in the holiday spirit and forget about the implications certain areas can have on our tax savings. (With the year we’ve just had, many of us are simply glad that 2020 is nearly over.) Nevertheless, now is the time to make sure you’ve done all you...
Hiring a Financial Advisor? Look Here First…
When you're looking to hire a financial advisor, contact me. It’s no secret that I give out what could be termed “financial advice” and while I’m not officially a financial advisor, the team and I get a load of calls from clients asking me who I recommend. I guard...
Retirement Planning & Realistic Ideas About Retirement
When it comes to retirement planning, having realistic ideas about retirement is important. And with the end of the year rapidly approaching, we've had many calls about this area. In my article about savings plans for 2021, I talked a bit about retirement savings as...
Your Savings Plans For 2021
Are you thinking now about your savings plans for 2021 while you finalize your 2020 contributions? This is the time of year that a lot of folks begin to dig into their savings plans for finalizing some of their 2020 contributions. And, sorting out what – and how much...
Ask The People Who Do The Work & Continue to Improve
Recently, we've been talking about the importance of creating management systems in your business. And an important part of this process is asking the people who do the work for their input. Well designed and implemented management systems should both free up time for...
Creating Systems & Orchestrating Change
In my most recent article, Creating Management Systems & Discovering Metrics, we talked about how creating systems for change will help you and your team better manage time and productivity. In other words, save time and free up time for other productive...
Creating Management Systems & Discovering Metrics
Creating management systems and solutions in your business will help you and your team better manage time and productivity. As well, it will help you recapture and put to valuable use the free time created. It will mean less time - often far less time - chasing your...
Retirement Income: Setting Up For The ‘New’ Retirement
Let’s face it – when it comes to retirement income, the way we watched our parents and grandparents retire is a long way from the world we live in today. Low interest rates, longer lifespans, and taxes all contribute to a very different environment than has ever...
Social Media For Business: Creating or Contributing?
Social Media For Business How you choose to use social media for business can have a tremendous impact on your life and your earnings. No matter how you consume your social media (or what you think about it), the fact is it’s here to stay. I think of social media...
Say Yes To Opportunities In 2020!
Say Yes! For those of you who read all the emails we share each month, this one might feel like déjà vu. But it’s something that I’m really passionate about. Just say “yes.” Whatever it is, say yes to it. New project at work? Say yes. Kid wants to go to the park? Say...
Business Systems: Mission Impossible? Not At All!
Mission & Business Systems In 2020 Is it time to refocus on why you became a business owner and your business systems? Doing so can cause you to dig into all the possibilities and opportunities. Even in a crazy year like 2020. In this post, I want to focus on...