Blog
8 Important Steps for Orlando Non-Profits Before Year-End
With the increased standard deduction this past year ($12,400 single, $24,800 married filing jointly, $18,650 head of household), some smaller charities began to see a decrease in donations.This year might be worse.Yes, I hate to be the one to say these things, but...
The Seven Primary Tasks For Any Orlando Business Team
A week past the election, and still plenty of disagreement about the results.That means this is another week where you have the opportunity for the other chumps out there to get massively distracted by the political war games ... while you go about quietly building...
Keeping Your Orlando Business Focused During Distracting Times
Apparently there's some news happening around us in Orlando these days.I often use this space to share Central Florida-specific, detailed information about PPP forgiveness, tax code updates, leadership and marketing strategy, expense reduction, and more -- all...
Tax on Cryptocurrency: 2020 Tax Code Changes for Orlando Taxpayers
Back in August, the IRS listened to Congressional urging that they stop sending out "balance due" notices until they got caught back up on a mail backlog.Well, last week, we got the news that the IRS has apparently caught up. (Or, well enough, they say.)That means...
Why a Pre-Mortem Analysis for Any New Orlando Business is a Necessity
Right about now, there are writers and analysts already preparing the articles about why the Trump campaign failed. AND right about now, they might be doing the exact same thing in regards to the Biden campaign.Obviously, as of this writing, we have no idea what's...
Big PPP Loan Forgiveness News For Orlando Businesses
You might have seen some rumors on this already, but I wanted to help make everything clear for you...A few weeks back I told you that there were some tax professional rumors circulating about “automatic PPP loan forgiveness” for loans under $150K. Remember that?Well,...
Kazim Qasim’s Perspective On Proposed New Tax Policies
Oh, you thought I would tell you who I thought would win the presidential election?Nope, I'm not going there.I'm a tax professional though, and I'm not immune to conversations about proper planning for either eventuality. In my opinion, however, the BEST advice about...
How To Approach Bigger Business Players In Orlando or Your Niche
Local Orlando business owner to local Orlando business owner(though you might actually be out of the area -- but this still applies), I want to remind you of something that you probably already know:With the election just one month away, the world is SWIMMING in...
The Looming IRS Debt Apocalypse Facing Orlando Taxpayers
It doesn't take a genius to look around and predict that economic catastrophes are still coming.Yelp recently issued a report which revealed that as of August 31, there were 163,735 businesses who indicated on Yelp that they had closed -- a 23% increase since...
5 Business Mistakes That Can Be Fatal by Kazim Qasim
All the political people are arguing over taxes, and my inner geek smiles.(By the way, if YOU want to argue about the tax issues, here's a good explainer article to start with before you make big declarations about the tax issues involved.)Because I'm not really...
Identifying Your Target Prospect by Kazim Qasim
With the business deadline (9/15) behind us, we're in tax planning season.Though the IRS (and Congress) haven't yet definitively made a statement about it (that we know of), here at AZS Accounting we are operating according to the fact that the filing deadline is...
Struggling Orlando Businesses Be Careful With Price Reductions
Here we are, with Q3 of 2020 in the rearview mirror, THANK GOODNESS.Only one more quarter left in this 2020 donkey -- but it's going to be an eventful one.I get asked a bunch by Orlando clients and friends what I think the markets will do, and the only thing I can...