ValueMetrik CFO

…and how QuickBooks Online can help you with the mechanics. https://www.valuemetrik.com/content_library.htm?id=ZP0K3O72&cat=rjnm42d4

If you purchase several items and services away from the office, QuickBooks Online can help you record them while you’re out and about. https://www.valuemetrik.com/content_library.htm?id=2LOOODXT&cat=rjnm42d4

Business expenses are the cost of carrying on a trade or business, and there may be some tax breaks there. But a lot has changed in recent months, and the rules can be complicated. https://www.valuemetrik.com/content_library.htm?id=I8GHEW43&cat=xshau4dd

Why You Should be Tracking Business Mileage

If you are not tracking business mileage you could be missing out on tax deductions. Watch Our Video and Contact Us for a Free Consultation Today – https://www.valuemetrik.com/consultation.htm

Get Your Business Costs Under Control Today

Increasing your profits requires selling more and/or spending less. While building up your sales may require an extended effort, business costs are often very ripe for a quick trimming. Here are some possibilities. https://www.valuemetrik.com/content_library.htm?id=wv3v8o6l&cat=alzrlirg&utm_medium=social&utm_source=linkedin.company&utm_campaign=postfity&utm_content=postfitye21c8

valuemetrik.com Increasing your profits requires selling more and/or spending less. While building up your sales may require an extended effort, business costs are often very ripe for a quick trimming. Here are some possibilities.

Why You Should be Tracking Business Mileage

If you are not tracking business mileage you could be missing out on tax deductions. Watch Our Video and Contact Us for a Free Consultation Today – https://www.valuemetrik.com/consultation.htm

QuickBooks allows you to create multiple types of sales forms for different situations. Here’s a look at what they are and when to use them. https://www.valuemetrik.com/content_library.htm?id=B7XIULXN&cat=rjnm42d4

Find and Keep the Best Talent for Your Business

Finding the best candidate to hire is often costly and time-consuming. But, if your new hire turns into a loyal, hardworking, long-term employee, your investment may be worth every cent and minute. https://www.valuemetrik.com/content_library.htm?id=wy7x5wgn&cat=alzrlirg

valuemetrik.com Finding the best candidate to hire is often costly and time-consuming. But, if your new hire turns into a loyal, hardworking, long-term employee, your investment may be worth every cent and minute.

Yoderbilt Greenhouses

Dear Customers, Loyal Fans and followers of Yoderbilt,

First, I would like to thank all of you for your continuous support of our Greenhouses and Yoderbilt Brand! I thank God every day for his blessings in helping me build a company with such fierce and loyal supporters. When I started this company, I never dreamed of building a "Brand" that people actually recognized and wanted to be a part of. My only goal was to build a quality product at an affordable price and deliver it the customer fully assembled. In doing so, I tried my best to run the business according to the Golden Rule...which is to "do unto others, as I would have done to me". I am not perfect and I’m sure we don’t have a perfect track record as a company. However, we do strive to make sure that all of our customers are completely satisfied.

For 9 years we have sold our Greenhouses through a network of Dealers throughout multiple states. The dealers did not purchase the greenhouses and sell them at a marked-up price. Rather, we provided the greenhouse displays at our costs and the dealers earned a commission when they sold a greenhouse. That business model has served us well over the years and was a "win win" for both Yoderbilt and its dealers. However, for multiple reasons, we have decided to move away from a dealer network and sell our greenhouses direct to the consumer. This decision hinges entirely on placing our customer's needs FIRST. Not only do we want you to have a pleasant experience during the buying process, but we also want you to thoroughly enjoy your Greenhouse over the lifetime of your ownership experience. Equally important is our desire to sell our greenhouses at the most affordable prices. Unfortunately partnering with 80+ dealers across 6 states is not conducive to meeting these objectives.

So, we recently notified all of our Yoderbilt Dealers about this transition. Most of them have been extremely understanding and kind in their responses. However, we have 1 or 2 very disgruntled individuals that have been posting lies and misinformation about me personally and our company. Sadly, this has forced me to respond in the public arena which was not my first preference. I will spare you the details of their posts. But all of their anger and dissatisfaction stems from the fact that we will no longer be providing "free" greenhouse displays to sell from...when they had expected us to do so. I do understand their disappointment, and this decision was not taken lightly by our management team. We will miss our dealers and we thank all of them for their support over the years. I have built personal relationships with many of them. But the time has come for Yoderbilt to pursue a different path and we are excited about the wonderful changes ahead of us.

We will always stand behind our product and do our best to treat you, the customer, as we ourselves would want to be treated. Thanks again for your loyal support! And also, thanks again to all or our dealers who have been a part of the Yoderbilt family! God Bless you all!

Sincerely,

Travis J. Yoder, CEO
Yoderbilt, LLC

Getting a Handle on Payment Issues

Most small business owners love what they do. But that's not to say things can't get a little difficult, especially when customers don't pay their bills on time. Even one or two slow-pay or no-pay customers can be enough to throw your company's finances off. https://www.valuemetrik.com/content_library.htm?id=oyd1lajz&cat=alzrlirg

valuemetrik.com Most small business owners love what they do. But that's not to say things can't get a little difficult, especially when customers don't pay their bills on time. Even one or two slow-pay or no-pay customers can be enough to throw your company's finances off.

5 Things You Need to Know About Sales Taxes in QuickBooks Online

The most important thing you need to know about sales tax is that administering it correctly can be challenging.
https://www.valuemetrik.com/content_library.htm?id=P4PSHCGA&cat=rjnm42d4

valuemetrik.com The most important thing you need to know about sales tax is that administering it correctly can be challenging.

‘Tis the season for making resolutions and setting goals. Try exploring these three areas to dig deeper into QuickBooks Online. https://www.valuemetrik.com/content_library.htm?id=F7H4V5QW&cat=rjnm42d4&utm_medium=social&utm_source=linkedin.company&utm_campaign=postfity&utm_content=postfity7f0f2

IRS Offers Identity Protection PIN

The IRS is gradually rolling out a new identity protection program that prevents anyone who has stolen your Social Security number from using it to file a fraudulent return. Learn how it works and whether you're eligible. https://www.valuemetrik.com/content_library.htm?id=4WLMB4H1&cat=qiyvyo05

valuemetrik.com The IRS is gradually rolling out a new identity protection program that prevents anyone who has stolen your Social Security number from using it to file a fraudulent return. Learn how it works and whether you're eligible.

Gig Economy and Taxes

The so-called gig economy may be the wave of the future for a substantial number of workers. There are lots of implications - especially regarding taxes. https://www.valuemetrik.com/content_library.htm?id=8IH39YLE&cat=qiyvyo05

valuemetrik.com The so-called gig economy may be the wave of the future for a substantial number of workers. There are lots of implications - especially regarding taxes.

Steps for Reconciling IRS Form 941 to Payroll

Form 941 is a crucial tool for ensuring your payroll data is accurately reported to the government and for balancing payroll in general. Get insight into reconciling Form 941 with your payroll on a quarterly and a year-end basis. https://www.valuemetrik.com/content_library.htm?id=DPS80U59&cat=xshau4dd

valuemetrik.com Form 941 is a crucial tool for ensuring your payroll data is accurately reported to the government and for balancing payroll in general. Get insight into reconciling Form 941 with your payroll on a quarterly and a year-end basis.

Tracking Mileage in QuickBooks Online

If you’re having to drive for work during the pandemic, let QuickBooks Online make sure you’re recording all of your deductible mileage. https://www.valuemetrik.com/content_library.htm?id=KZ376X4L&cat=rjnm42d4

valuemetrik.com If you’re having to drive for work during the pandemic, let QuickBooks Online make sure you’re recording all of your deductible mileage.

How the Net Investment Tax Works

The net investment tax hits high earners with significant investment income. Calculating it can be complex, and the rules are subtle. Learn how it works and whether it will take a bite out of your finances. https://www.valuemetrik.com/content_library.htm?id=EXP77QKO&cat=qiyvyo05

valuemetrik.com The net investment tax hits high earners with significant investment income. Calculating it can be complex, and the rules are subtle. Learn how it works and whether it will take a bite out of your finances.

Paying Taxes on Retirement Income

Whether you are retired or soon-to-be, understanding the rules about paying taxes on your retirement income can help you avoid complications at tax time. That's why it's important that you work with tax and financial professionals to plan ahead. Here is a brief overview of the tax rules governing retirement income. https://www.valuemetrik.com/content_library.htm?id=QKAY0KQ0&cat=qiyvyo05

valuemetrik.com Whether you are retired or soon-to-be, understanding the rules about paying taxes on your retirement income can help you avoid complications at tax time. That's why it's important that you work with tax and financial professionals to plan ahead. Here is a brief overview of the tax rules governing re...

Family Loans -- Tax Considerations

Obtaining financing to start or expand small businesses and buy homes can sometimes be difficult. If your child or grandchild is having a hard time getting a loan from a commercial lender, you may be willing to help out by lending the money yourself. https://www.valuemetrik.com/content_library.htm?id=F4XS12AW&cat=xshau4dd

valuemetrik.com Obtaining financing to start or expand small businesses and buy homes can sometimes be difficult. If your child or grandchild is having a hard time getting a loan from a commercial lender, you may be willing to help out by lending the money yourself.

Who Owes You? 5 QuickBooks Online Reports That Can Tell You Fast

Keep a constant watch on your accounts receivable to improve cash flow. https://www.valuemetrik.com/content_library.htm?id=QL77Y2Z6&cat=rjnm42d4

valuemetrik.com Keep a constant watch on your accounts receivable to improve cash flow.

The Ongoing Problem: Abusive Tax Shelters

As long as there have been taxes, shady promoters have tried to sell taxpayers on schemes to get out of paying their fair share. Learn about abusive tax shelters, and how to recognize and avoid them. https://www.valuemetrik.com/content_library.htm?id=AXVNCGWV&cat=xshau4dd

valuemetrik.com As long as there have been taxes, shady promoters have tried to sell taxpayers on schemes to get out of paying their fair share. Learn about abusive tax shelters, and how to recognize and avoid them.

Protecting Your Company's S Corporation Election

Like many business owners, you may have structured your business as an S corporation because of the tax benefits it offers. An S corporation provides the same limited liability as a traditional C corporation, but it generally avoids the double taxation associated with a C corporation. You and the other shareholders (if any) pay income taxes on corporate income directly. https://www.valuemetrik.com/content_library.htm?id=NO3ABRYY&cat=alzrlirg

valuemetrik.com Like many business owners, you may have structured your business as an S corporation because of the tax benefits it offers. An S corporation provides the same limited liability as a traditional C corporation, but it generally avoids the double taxation associated with a C corporation. You and the ot...

Visit our NEW CARES Act Coronavirus Aid Relief website page – We are here to help you successfully navigate the unprecedented economic challenges you face, and get your business back to business as quickly as possible. Click here to learn more.
https://www.valuemetrik.com/coronavirus-aid-relief.htm

Not Using QuickBooks Online? What You're Missing Out On

If you dread every minute of the time you spend on accounting, you should know how QuickBooks Online can change your outlook. https://www.valuemetrik.com/content_library.htm?id=LY5N2UEC&cat=rjnm42d4

valuemetrik.com I

Senate passes $484 billion coronavirus bill for small business and hospital relief, testing

Senate passes bill today to add more PPP funding. House may vote on Thursday, which means Trump may sign on Friday???

cnbc.com The coronavirus relief bill, which includes money for loans, hospitals and testing, now heads to the House for its expected passage this week.

Senate nears $370 billion deal for coronavirus small business loan programs

Congress is working on additional funding for the PPP. Could come as early as Wednesday according to the Treasury Secretary's comments in this article...

cnbc.com The deal would allocate $310 billion into the Paycheck Protection Program and $60 billion for the Economic Injury Disaster Loan program.

Yoderbilt Greenhouses

We have moved so many, but we have some 2019 units in stock to move out and make room for our new inventory. If you are interested in finding out what we may have left in your area - message me your location, email address / phone number and if there are any particular sizes or options you are interested in! 🌸

**The discounted unit sales are currently on hold as we reassess our inventory to see what we may have left in stock. If you have sent us a message, we will still be in contact! :)
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#yoderbilt #yoderbiltgreenhouses #yoderbiltgreenhouse #thankyouforsupportingsmallbusiness #madeintheusa #nwarkansas #joplinmo #memphistn #homesteadlife #arkansaslife #arkansasfarm #smallfamilyfarm #madeinarkansas #growyourownfood #mooreok #tulsaok #tulsafood #okl #germantowntn #germantown #bellavistaarkansas #texarkanatx #texarkanaar #arkadelphia #hotspringsarkansas #lakeouachita

Paycheck Protection Program (PPP) Loans Poised to Pump $349 Billion into Small Business

Stay-at-home orders across the U.S. have paused revenue streams for 30 million small businesses, resulting in massive employee-layoffs during the COVID-19 crisis. The Small Business Administration (SBA) is stepping up with additional assistance for these small companies and their employees in the form of a forgivable loan of up to $10 million each to cover payroll and other costs. https://www.valuemetrik.com/content_library.htm?id=58TEKQNY&cat=EMVZQYH7

valuemetrik.com Stay-at-home orders across the U.S. have paused revenue streams for 30 million small businesses, resulting in massive employee-layoffs during the COVID-19 crisis.  The Small Business Administration (SBA) is stepping up with additional assistance for these small companies and their employees in the ...

A message to small business owners seeking Payroll Protection Program loans… Appreciate your banker!
We at ValueMetrik CFO want to send a shout out to all our community bankers here in the Arkansas River Valley and across the country. Click here to find out why....
https://pos.li/2ffnwj

A major deal was struck by the White house and Senate leaders on March 25 for a $2 trillion package that will provide relief to the economy in the midst of the coronavirus pandemic. It is the biggest relief package in American history.
https://pos.li/2fbba4

How to Use Progress Invoicing in QuickBooks Online

Does your business do work for clients over weeks or months? Consider using QuickBooks Online’s progress invoicing.� https://www.valuemetrik.com/content_library.htm?id=8WTLT4KX&cat=rjnm42d4

valuemetrik.com Does your business do work for clients over weeks or months? Consider using QuickBooks Online’s progress invoicing.


Do You Have to File an Information Return?

If you made or received a payment in a calendar year as a small business or self-employed individual, you most likely are required to file an information return to the IRS. Click through to learn what this means. https://www.valuemetrik.com/content_library.htm?id=MTME4Z5W&cat=xshau4dd

valuemetrik.com If you made or received a payment in a calendar year as a small business or self-employed individual, you most likely are required to file an information return to the IRS. Click through to learn what this means.

Need a Loan - Follow these Steps First

Is it time to put your expansion plan on the front burner? Have you outgrown your current location? Do you need to replace some equipment? There are many reasons small business owners might be in the market for a loan. If you'll be shopping soon, here are some pointers. https://www.valuemetrik.com/content_library.htm?id=02rgvet2&cat=alzrlirg

valuemetrik.com Is it time to put your expansion plan on the front burner? Have you outgrown your current location? Do you need to replace some equipment? There are many reasons small business owners might be in the market for a loan. If you'll be shopping soon, here are some pointers.