More than Money Blog
There is more to living a happy and productive life than staying hyper-focused on finances.
While staying within your means and keeping on top of money matters can help you highlight what’s important, it’s the “what’s important” that truly matters. Broussard Poche wants to shift your focus from being worried about finances to enjoying the fruits of your labor. Our blog will keep you on the right track, offering advice, tips, and reminding you to enjoy your business and your family along the way.
CONTRIBUTOR: Elizabeth J. Moreau, CPA/ABV, CVA, CHFP
Liz is a partner in the tax department of Broussard Poché, LLP with more than 25 years of experience in virtually every dimension of business. She’s cultivated a wealth of knowledge in areas of corporate taxation, financial analysis and business appraisal. She shares her knowledge here, on the More than Money Blog.
John has been with Broussard Poché, LLP for 20 years, becoming one of the go-to sources for audit info. Now, John serves as Audit Department Head — performing audits for all types of entities with a special emphasis on financial institutions and Nonprofit Organizations. He shares his audit and general business knowledge here, on the More than Money Blog.
It’s a common problem for business owners; not understanding the rules and regulations for vehicle expenses. But the tax experts at Broussard Poché, LLP want you to know, if your business is audited, the IRS will most likely ask for mileage logs if you deducted vehicle expenses. Knowing the rules can save you lots of […]
It’s only a matter of time before a client who has filed for bankruptcy ends up on your accounts receivable list. Broussard Poché, LLP can help you get a solid understanding of what happens next; it is still possible to recoup your goods or at least part of the money your company is owed. If […]
With warmer weather upon us, we are all sitting at work thinking about summer vacation (I know I am). These excursions can be a major strain on the bank account, but there are a few things that you can do to ease the money pain. Start saving ahead. Planning and budgeting well ahead can help […]
After the tax deadline has come and gone, you may find yourself neck deep in paperwork. It requires quite a few documents to file, but what do you need to hold on to? If you’re faced with an audit, you’ll need important documents, but what does the IRS consider important? Broussard Poché, LLP can help […]
You may have seen the television ads that promise to settle tax liabilities for “pennies on the dollar.” The process, which involves the IRS Offer in Compromise program, is not as simple as some on TV would like you to think. In fact, it can be quite complex. The Basics: An Offer in Compromise is […]
In Acadiana, farming is a way of life, but this way of life can come with a few unique tax questions. Broussard Poche’ is hoping to help you get answers. Your farming business can encompass a wide range of operations. All individuals, partnerships, or corporations that cultivate, operate, or manage farms for profit, either as […]
At Broussard Poche’ we know your entire business could be conducted from your vehicle or even a fleet of vehicles. Knowing what you can and can’t deduct is essential. There are two basic ways to write off expenses for businessrelated travel: The standard mileage method: This provides a basic deduction for mileage and provides builtin […]
If your company has a annual financial audit, you may receive an Auditor’s Management Letter as part of the final procedures. This often isn’t and shouldn’t be a bad experience–it can be an opportunity, if the recommendations aren’t seen as criticism. Management Letters are used to give businesses a comprehensive list of areas that need […]