In the first blog post in this series we met Thirsty, Inc., a profitable beverage distributor that found itself in a tough situation. 

Here’s a quick refresher:

  • Thirsty, Inc. had purchased a popular new beverage called Ice Cold from their suppliers

  • Thirsty, Inc. quickly sold out of Ice Cold and wanted to order more, but they didn’t...

Many small business owners can attest; they know how to make a profit, but managing their cash flow is a different story. It may not seem as important as the “bottom line,” but proper cash flow management is one of the biggest predictors of success for businesses.

One of the most common, and potentially contentious, questions that has come up during my 15 years as an accountant is determining whether someone should be classified as an independent contractor or an employee.  On the surface this may seem like an innocuous decision, but an incorrect classification, and the resulting IRS penalties, can...

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Polaris Tax and Business Services, LLC

423.521.2045 (Chad)

423.521.5882 (Shannon)

info@polaristaxes.com