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So far Mackey Advisors has created 170 blog entries.

Lost in Translation — Cost Rates

By |2019-05-10T19:04:06-04:00March 26th, 2019|Categories: Business Wise|Tags: , , , , , |

Have you ever been in a meeting and half way through felt like you were going to be sick? You learned that something you have been doing for a very long time wasn’t accurate and was causing you to make decisions on misinformation. We recently had this very conversation with a client, however by the time [...]

You’ve Got a Budget…Now What?!

By |2018-12-28T21:34:07-05:00December 26th, 2018|Categories: Business Wise|Tags: , , , , , |

As we enter the home stretch of 2018, most small businesses have already begun and finalized the process of putting together their budget for 2019. Time for reflection is over and most organizations are looking forward to 2019 and achieving all their goals. Those small businesses who have a plan for next year have budgeted what [...]

Revenue Rate of Growth

By |2018-09-25T17:07:51-04:00September 25th, 2018|Categories: Business Wise|Tags: , , , , , |

One of the questions we often hear from our business clients is, what did my revenue do this month? While this is a standard question, it is not always the best question to ask and not how we typically analyze the results of the business. There are many factors that can impact revenue on a month [...]

The Wonderful World of Sales Commissions

By |2018-06-27T12:06:13-04:00June 26th, 2018|Categories: Business Wise|Tags: , , , , , |

Congratulations, you have done it!!! Your business is taking off, and the demands on your time have taken you to the point where you no longer have the capacity to manage all aspects of your business, specifically adding top line revenue growth at a meaningful rate. To take your organization to the next level, you know [...]

Tax Cuts and Jobs Act: Impact on Businesses

By |2018-01-11T19:55:52-05:00January 11th, 2018|Categories: On Our Minds|Tags: , , , , |

The Tax Cuts and Jobs Act, a $1.5 trillion tax cut package, was signed into law on December 22, 2017. The centerpiece of the legislation is a permanent reduction of the corporate income tax rate. The corporate rate change and some of the other major provisions that affect businesses and business income are summarized below. Provisions [...]

IRS Announces 2018 Standard Mileage Rates

By |2018-01-09T17:26:00-05:00January 9th, 2018|Categories: On Our Minds|Tags: , , , |

The IRS has announced the 2018 optional standard mileage rates for computing the deductible costs of operating a passenger automobile for business, charitable, medical, or moving expense purposes. Effective January 1, 2018, the standard mileage rates are as follows: - Business use of auto:  54.5 cents per mile may be deducted if an auto is used for [...]

Tax Cuts and Jobs Act

By |2017-12-27T20:34:25-05:00December 27th, 2017|Categories: On Our Minds|Tags: , , , |

The Tax Cuts and Jobs Act legislation was signed into law on December 22, 2017. The Act makes extensive changes that affect both individuals and businesses. Some key provisions of the Act are discussed below. Most provisions are effective for 2018. Many individual tax provisions sunset and revert to pre-existing law after 2025; the corporate tax [...]