CPA Blog

Empower your sellers with sales enablement

Details

Published: Friday, 08 March 2024 12:52

Written by Phillip Strickler, CPA.CITP

The driving revenue force of just about every kind of business is sales. But all too often, once a sales team is up and running, it’s left to its own devices to maintain its strengths, develop new skills and upgrade its technology. This can produce mixed results — some sales departments are remarkably self-sufficient while others could really use more organizational support.

To remove the guesswork, many of today’s businesses are investing in sales enablement. This is an enterprise-wide, collaborative and continuous approach to empowering the sales department to do its best work.

Read more ...

A job loss is bad but the tax implications could make it worse

Details

Published: Friday, 08 March 2024 12:47

Written by Phillip Strickler, CPA.CITP

Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs — particularly in certain industries including technology and media. If you’re laid off or terminated from employment, taxes are likely the last thing on your mind. However, there are tax implications due to your altered employment circumstances.

Read more ...

Applying for a commercial loan with confidence

Details

Published: Wednesday, 28 February 2024 11:32

Written by Phillip Strickler, CPA.CITP

Few and far between are businesses that can either launch or grow without an infusion of outside capital. In some cases, that capital comes in the form of a commercial loan from a bank or some other type of lender.

Read more ...

New option for unused funds in a 529 college savings plan

Details

Published: Tuesday, 27 February 2024 10:31

Written by Phillip Strickler, CPA.CITP

With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t tax deductible, but they grow tax deferred. Earnings used to pay qualified education expenses can be withdrawn tax-free. However, earnings used for other purposes may be subject to income tax plus a 10% penalty.

Read more ...