Blog Archives

2016 Podcast Review

4/25/2016

Today is just a quick review of the podcast since the first of the year. Listen as Tom walks you though the interviews he has conducted since the first group podcast on January 16th.

If you have suggestions of what you may want to hear, contact Tom Gosche at 630-675-8971 or [email protected] and we can get it on the Matching Ideas with Resources Podcast!

Tax Day 2016

4/18/2016

It is Tax day today, which means you need to file your income taxes or an extension with estimated payment today. Over the years, while being an independent contractor, I was one of those that waited for the last minute to file and pay. “Better in my pocket, then Uncle Sam’s” I would say.

That does seem to ring through, but now that I work for an accounting firm, I wish I could do it differently. See, I waited to give my accountant my information until late March or early April. What I should have done, it gotten my information to her as soon as I had everything and held on to the final tax return until Tax Day.

I guess I knew, but did not realize that I was not my accountant’s only client. Most accountants have over 100 clients (some 1000) and work on thousands of returns. All the returns require information be given to them to not only enter, but to review so you are not paying too much or too little!

Accountants go crazy during tax season, because there is a lot more for them to have to do, but we also add to that craziness by not giving them the information early and complete.
Individuals should contact their accountant in November of the tax year and do a quick review of the year. The accountant can give some great information to help with any tax burdens before the year is out. Get all your information to the accountant by the end of February (the latest) to give your accountant plenty of time to complete. Don’t worry if it gets done too soon and you owe, you don’t need to pay until Tax Day.

Business owners should meet with your accountant throughout the year, not just at tax time. There are many tax ramifications in your personal and business that an accountant should review your financials at least quarterly, but even better, monthly.

Beside the tax issues, you should review your Financials Statements to compare how your business is doing. Meet with a consultant and figure out ways to increase revenue and decrease expenses. Sometime you can increase profit with increase revenue.

Luckily you know an accounting firm that can help…

Get a Rebate from ComEd and More!

4/11/2016

Today I am talking with Scott Bosley from Ensol, Energy Management Solutions. Scott helps business owners get rebates from Comed with LED Lighting for Commercial and Industrial Properties. His company also helps business measure and manage their energy consumption.

Scott Bosley
Business Development
Ensol Energy Management Solutions
3685 Commercial Avenue
Northbrook, Illinois 60062
Cell: 847-471-4733
[email protected]
www.ensolusa.com

Alternative Financing for Business Owners

4/5/2016

Today I am talking with Tom Stamborski from Liquid Capital. Tom helps business owners with alternative financing like Purchase order financing, Factoring, Work in Progress lending, asset based lending and a new product that lends for working capital.

We will talk about how these products can help you with special projects financing that you may not be able to get from your bank.

Tom Stamborski
President - Liquid Capital of Illinois
Office:    847-842-3300
E-Fax:      888-548-3370
Toll Free: 888-985-9990
Cell:         312-953-8813
[email protected]
www.liquidcapitalcorp.com/tstamborski

2016 Podcast Review

Tax Day 2016

Get a Rebate from ComEd and More!

Alternative Financing for Business Owners

GLM's Blog

Tom Gosche

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