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Melinda Powelson
Member since 05th October 2006

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Displaying 1 to 15 (of 15 articles)
It is easy to see that data is the foundation of a successful business. While most businesses back up their data to removable media, tapes or USB drives being the most common, many businesses leave the backup tapes right next to the server. The risk they ...
As concern over global warning increases, businesses are under pressure to reduce their impact on the environment. While it is easy for a factory to identify how they can reduce their carbon dioxide emissions, what about the average office? One simple ...
If you operate a small business, you likely have uncollected funds from clients/customers that are making a difference to your company's cash flow. Being owed money can affect your finances deeply, even causing you to go into debt with your creditors w...
Are you considering firing your current accountant in favor of a new one? If so, you're probably not sure if you're overreacting or if you have just cause. The following warning signs will help you decide if it is time for you to change accountants:
Small business owners face a myriad of decisions every day and, at some point, will need to decide if they should hire a lawyer or not. In starting a new business, most people are aware they will need to hire an accountant at some junct...
Receiving a Notice of Audit from the IRS is just the beginning of a stressful, worrisome, and possibly even fearful, situation. While you may feel like panicking, that's the last thing you should do! So, take a deep breath and read on. You can surv...
Small businesses have a myriad of forms, financial reports, payroll, and other necessities that may require a bookkeeping service. If you are the owner of a small business and aren't sure if a bookkeeping service is right for you, the following fiv...
Starting a new business is exciting, but in that excitement are a lot of decisions to be made. Out of all them all, the financial backbone of your business needs to be seriously taken into consideration. A large part of that are the accounting decisions y...
It is the nightmare scenario for every business owner. A letter from the IRS arrives demanding payment for unpaid payroll taxes. The statement list the amount owed along in addition to penalties and interest. Thousands of businesses are faced with this...
When the exact longitude and latitude of the ship are known it's possible for the captain to chart an accurate course across rough seas. The general manager of a business is like a ship's captain. Knowing your location and direction is fundamental for ...
The list of laws and regulations covering the storage and retrieval of business documents seems to grow by the day. Document storage and retrieval is covered by the IRS, the Sarbanes-Oxley Act of 2002, SEC regulations, environmental statutes, criminal ...
As an experienced general manager what I look for in my accountant has evolved over many years. I have learned that oftentimes the right accountant knows more than I do and that this knowledge can make a vast beneficial impact on the performance of the...
The increased threats of identity theft and industrial espionage have moved data security to a business priority. The costs to a company that fails to protect the personal information in its care can be devastating. Add in federal and state privacy law...
We are coming up to the end of the year and the time when many of us look to clean out the clutter in the office. It may be just to fill the time during the slow holiday week but it can also be an opportunity to practice good document retention practices...
In the past year, more than 88 million Americans have had their identity endangered as the result of data breaches according to the Privacy Rights Clearinghouse. Topping the list: a case at the Veterans Administration, where an unidentified analyst took t...