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7 Ways to Get a
Jump
Start on Your Taxes
Earlier is better when it
comes to working on your taxes. You are encouraged to get a
head start on tax preparation, especially since early filers
avoid the last minute rush and get their refunds sooner.
Here are seven easy ways to get a good jump on your taxes long
before the April deadline is here:
1) Gather your records in advance. Make sure you
have all the records you need, including W-2s and 1099s. Don't
forget to save a copy for your files.
2) Get the right forms. They're available around
the clock on the IRS Web site, www.IRS.gov.
3) Get the fastest refund. When you e-file file
early, you receive your refund faster. When you choose direct
deposit, you receive your refund... (more)
For the other 4,
click
here or go to our
Newsletter section on our web site at
www.eSullivan.net or
call me, Paul Sullivan, at 240-316-3531.
5 Ratios To
Gauge Your Sales Force's Performance
It's vital, these days, to make
sure you're getting the most out of on-premises sales staff.
If goals are being met and revenue is where you want it to be,
you may not need to use any measuring devices.
But if there is a problem, the following ratios, if applicable
to your particular business, may help you pinpoint the
problem, analyze it, and take action. The ratios can be
applied to your entire business, to a division or department,
or to one employee. Progress can be measured by comparing
numbers from one month to the next.
Ratio 1: Total sales compensation/ gross sales = direct
selling costs (%).
Ratio 2: Gross sales/total hours worked by salespeople
= sales dollars per hour.
For the other 3 ratios,
click
here or go to our
Newsletter section on our web site at
www.eSullivan.net or
call me, Paul Sullivan, at 240-316-3531.
Call our offices if you have any
questions about these or any other accounting related issues, at 301-657-8080.
Regards, Paul Sullivan, CPA |