February 7, 2017
January 27, 2017
Published by 
Catherine Belliveau on January 27, 2017
Catherine Belliveau on January 27, 2017 As Director of Accounting Services at The Foresight Companies, I’m reminding you that your 1099’s are due on Tuesday, January 31st. It’s January and many business owners are using this month to try and forget that taxes will need to be done soon. But as you immerse yourself in denial, have you forgotten that 1099’s have to be issued? 1099’s are like the neglected middle child of taxes. People have some vague idea that they exist but they aren’t sure what needs to be done for them. Let’s go through the Who, What, When, Where and Why of 1099’s. 1. Who has to file 1099’s? All businesses that pay for services to unincorporated service providers must provide a 1099 to vendors that were paid more than $600 during the year. 2. What are the requirements for 1099’s? There is […]
January 17, 2017
Published by 
Dan Isard on January 17, 2017
Dan Isard on January 17, 2017Now that all the new year hub-bub is over and the holidays are in the books, it’s time to buckle down and get to work. From my experience, strategic planning for funeral homes and cemeteries generally boiled down to; do more service calls than last year. This is certainly a worthy notion, however more calls do not translate into financial health. I am going to recommend 3 simple goals to accomplish in 2017 that are attainable: Get a “financial physical” for your business. The majority of us visit a doctor annually for a physical, however few business owners conduct a business physical annually, if ever. The analogy rings true because your business can have serious financial problems that do not manifest or surface, but lurk underneath. Ask yourself a question: do you know someone that rarely went to the doctor […]