Practical guidance for local decisions with real consequences.
Latest insightConstruction & Trades2 min read
A 90-day cash view is not glamorous. Neither is calling the bank in a panic. Pick your pain.
Read the insight08 entries on this page
A contractor can have a strong income statement and still be sweating payroll. The issue is usually timing, not laziness or mystery.
Holdbacks are easy to ignore because they look like money already earned. The problem is that earned money is not the same as available money.
Job costing rarely fails because the owner does not care. It fails because the business outgrows the owner's memory.
The U.S. tax problem usually starts before the artist crosses the border. By the time the settlement hits, the options are already narrower.
Royalty deposits tell you money arrived. They do not tell you whether it was calculated correctly, taxed correctly, or even yours economically.
A corporation can be a useful tool for an artist. It can also be an expensive filing cabinet if there is no real reason for it.
Some careers earn income in bursts. The tax system does not always care. Planning has to bridge that gap.
If the board has to excavate the financial statements to understand what happened, the reporting is not doing its job.
