Kostecke CPA

All posts tagged planning

The American Opportunity Tax CreditThe American Opportunity Tax Credit, or AOTC, is the best way you can recoup some of your investment in your family’s education. You can get up to $2500 in tax credits if you qualify.

Qualifying for the American Opportunity Tax Credit

Here are the qualifications: Read more


Vetting a Prospective Tax PreparerThis time of year, I get calls from potential clients looking for somebody to prepare their tax returns. I really love this time of year because I love getting new clients. However, I know that it doesn’t do any good to bring in a lot of new clients if we are not right for each other. So I do my best to tell them about myself and answer Read more


Business PlanningThe 70thanniversary of the D-Day invasion, a huge military operation which changed the course of World War II, was being discussed on the radio the other day, and I heard this great quote by Dwight D. Eisenhower : Plans are worthless, but planning is essential.

I wondered how Eisenhower Read more


Your business planThe business plan should not be primarily for outsiders, such as the bank or the investor group. However, that is often why they are generated. It should be a tool you actually use for running your business.

For a business plan to be useful, it needs to be incorporated into your Read more


What's on your business menu?A restaurant menu is good analogy for what you need to have for your new business. You need to write down a list of what items and services your business will offer. For a new business, your business menu needs to be limited to only the items you are very familiar with and great at providing. Being an entrepreneur, you are naturally Read more