Forbes & Company

It's Kate Coleman's birthday! We wish you all of the very best things as you celebrate another trip around the sun. Live it up!
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Did you know a mid-year projection can help your business avoid tax penalties and interest?

Nobody likes writing a large check to the IRS, but the worst part is the penalties and interest that come when you haven’t paid enough throughout the year. Businesses are generally expected to pay taxes quarterly through estimated payments, and the IRS notices if those payments fall short of your actual liability. Stay ahead of your tax obligation by running mid-year projections to hone in on exactly what you should be paying.
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𝗛𝗼𝘄'𝘀 𝘆𝗼𝘂𝗿 𝗰𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆?

Don't let your business fall victim to compliance gaps in your IT, cybersecurity and data. Multi-factor authentication policies should be enforced, backup procedures need to be tested regularly, and incident response plans should have assigned owners to prevent gaps from surfacing at the worst possible time.
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“𝑻𝒉𝒆 𝒉𝒆𝒂𝒓𝒕 𝒐𝒇 𝒂 𝒇𝒂𝒕𝒉𝒆𝒓 𝒊𝒔 𝒕𝒉𝒆 𝒎𝒂𝒔𝒕𝒆𝒓𝒑𝒊𝒆𝒄𝒆 𝒐𝒇 𝒏𝒂𝒕𝒖𝒓𝒆.”
~ 𝐀𝐧𝐭𝐨𝐢𝐧𝐞 𝐅𝐫𝐚𝐧𝐜̧𝐨𝐢𝐬 𝐏𝐫𝐞́𝐯𝐨𝐬𝐭

Happy Father's Day!

Are you trying to close deals that were never fully qualified?

Your business may benefit more from investing your time in the prospects with real needs, real budgets and real decision-making authority. Leave the long shots, and take the slam dunks that are already so close to the goal. https://bit.ly/3RK9ovc

𝗪𝗵𝗮𝘁 𝗵𝗮𝘀 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗱𝗼𝗻𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗹𝗮𝘀𝘁 𝘀𝗶𝘅 𝗺𝗼𝗻𝘁𝗵𝘀? 𝗪𝗵𝗲𝗿𝗲 𝗶𝘀 𝗶𝘁 𝗵𝗲𝗮𝗱𝗲𝗱?

Mid-year projections are a straightforward process, but the nuances still matter. Ensure your projection is answering the right questions to give you an accurate estimation of future liability. https://bit.ly/4x6Gi9K

Did you know that compliance gaps can hide in your human resources department?

Employment law moves swiftly. Be sure that your hiring practices, onboarding documentation, and I-9 records reflect current legal requirements instead of the ones that were in place when you built your original process.
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Are you hiding from looming tax obligations?

Preparedness is much better than shock. Run projections to estimate your tax liability now when half of the year is behind you. The financial data will give you an idea of the income you can expect for the rest of the year. You'll have a clear understanding of your business's financial status and plenty of time to adjust your budget to cover any tax liabilities that lie ahead.
https://bit.ly/4x6Gi9K

Compliance gaps that accumulate quietly in the first half of the year have a way of becoming very loud in the second. This is why mid-year is precisely the time to surface the gaps before they surface themselves.

Get a strategy for your business's mid-year compliance audit here:
https://bit.ly/4e2j2AJ