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The Money Pump

This money pump represents the way you generate cash for your personal use. If you are an employee the outflow from the pump represents the cash generated for your employer from your efforts.

Your share is mostly represented as your wage. If the pump represents your business the outflow is the gross cash generated by the operations of the business.

The Money Pump illustrates how you feed and grow your business, and where the money goes

Tax Help Resources

  • Choosing A Preparer For Your Tax Situation
  • Picturing Your Financial World
  • Tax Planning Overview: Taxes Are Negotiated – Not "Fixed"
  • Tax Planning Workbook - 2021 and Beyond
  • The IRS Wants More of Your Money!
  • The Tax World for Businesses
  • What is "Reasonable Compensation"?

Upcoming Tax Dates:

  • Monday, Feb 1st, 2021
  • Wednesday, Feb 10th, 2021
  • Monday, Mar 1st, 2021
  • Tuesday, Mar 2nd, 2021
  • Wednesday, Mar 10th, 2021
  • Monday, Mar 15th, 2021

Business Help Resources

  • Can You Use Independent Contractors?
  • Doing Business in the 21st Century Electronic World
  • How to Get Up and Running
  • Notice to LLC Owners
  • Ten Essential Business Functional Areas
  • The Money Pump
  • Understanding Risk Management
  • What You Need to Know Before Starting a Business
  • What You Need to Know When Your Business Needs Workers

Stories to Grow From

  • A Story to Grow From: But I have a Limited Liability Corporation
  • A Story to Grow From: But I have a LLC!
  • A Story to Grow From: The Business Killed by a $27,000 Penalty

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