GOODlife Magazine March 2017

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With February behind us and the winter months coming to a close people are beginning to prepare for the coming of Spring. Not just physically as people begin looking forward to warmer weather, but also financially. I do believe that tax season is a great time to do a financial check-up on where you have been, where you are, and where you are going. Top 5 Pointers to Get Ready For Tax Season Making Tax Season Less Taxing By John Dillard 1. Staying Organized/Develop a System. Everything we do in life is getting more and more detailed and complex every year including our taxes. Despite promises from Congress the tax code is harder to understand than ever before so developing a process/a software/a filing system so when the time comes to get started on your taxes you will be ahead of the game. 2. Use the Buddy System. Online software when you only have a W-2 may be ideal. However if you have a business don’t walk, run to a CPA whose practice is centered around the needs of growing business owners. A CPA can also serve as a Virtual CFO/Controller helping you develop good financial reporting, guidance with cash flow management, debt/business acquisition and management reporting to name a few. Not using a CPA for your business is akin to jumping off a cruise ship (even if it is sinking) without a life vest. 3. Use a Checklist. A checklist and do much to help you avoid missing out on either something you need to report or a valid tax deduction you might otherwise miss. I have developed one for use I believe much more user friendly that is available 24/7 at the top of our contact us page or the bottom of our home page at HIS CPA 4. Planning Ahead. Keep in mind that when you are preparing your year-end business and personal income taxes and that you are “settling up” with the IRS/State of GA on what your actual total tax liability for the year is. Keep in mind tax law requires you to “pay your taxes as you go” and that an extension to file is not an extension to pay. Planning Ahead of what you will owe allows you to both stay abreast of the year’s tax liability while helping to avoid any unnecessary year-end surprises. 5. Meeting With Your Financial Planner. Meeting with your financial planner is an essential at least once a year and perhaps much more often depending on changes in the stock market, setting up a retirement plan for your business, debt liquidation, getting married, having children and of course the double perk of paying for their college education. For as John Wooden said “Failing to Prepare is Preparing to Fail.” At His CPA PC, You are MUCH more than just a number. You Matter. Visit us online and if you are a business owner looking to take your company to the next level give us a call at 770.814.9304. 8 goodlifemagazine.org
God’s Recipe for Success By Craig Jones Is there really a recipe for success? Is there a plan that we can follow that guarantees that we achieve our goals in life? A lot of people have wasted time, energy, and money on get-rich-quick schemes, but only God’s word can guarantee us success. Hebrews chapter 6, verse 12 says: Don’t become lazy, but be imitators of those who inherit the promises through faith and perseverance. This scripture gives us a powerful recipe for success. For this scripture to work, you have to apply every truth represented. Just like when you bake a cake, you have to use all the required ingredients and follow the steps in the recipe to make it delicious. So let’s look at what God’s recipe for success calls for. It starts by saying “Don’t be lazy.” For us to make this recipe work, we have to understand that it takes work. A lot of people are dreamers, but it takes more than a dream. At some point, you have to wake up and pursue your dream. In my home, we love to watch cooking competitions, and afterward, my daughter wants to help her mother in the kitchen. Something about watching others create something makes us want to do the same, and that’s exactly what this scripture tells us…be an imitator of greatness. When you see people succeed, watch what makes them great and apply it to your dream. This scripture specifically tells us that the two main ingredients for success are faith and perseverance. Faith means you have to believe in what you are doing. When I was in high school, I worked as a telemarketer for one week and hated it. There were many reasons I despised it, but mostly I could not get excited about selling magazines. However, as a pastor, I love sharing with people the life-changing truths of God’s word. I love what I do, and I believe in it. So whatever you decide to pursue in life, make sure it’s something you’re passionate about. The next ingredient in the recipe for success is the one most people seem to be lacking. It says that to inherit the promise, you must have perseverance. You have to believe in what you are doing so much that you won’t give up. Anything worth having is worth fighting for. In my experience, most people give up when they are right at the door of success. So discover what you’re really passionate about and pursue it without the option to quit. Everyone wants success, but you can actually have it if you believe in what you are doing so much that, no matter how hard the road, Craig and Janna Jones are the you determine that you senior pastors of Abiding Church will never give up on the located in Kennesaw, GA. journey. Learn more at www.abiding.church march <strong>2017</strong> 9
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GOODlife Magazine March 2017

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