JoeyBrannon.com

About this original series

# Episodes
10 episodes
Rating
TV-UN

Episodes of JoeyBrannon.com

- Play
  
  The New Tax Laws in 10 slides
  
  The Health Care Reform legislation and the new HIRE Act are explained in 10 easy to understand slides that are relevant to small business owners.
  - Release date
    
    Apr 1, 2010
  - Runtime
    
    14:27
- Play
  
  1031 Exchanges Explained
  
  Section 1031 or "Like Kind" Exchanges are used to defer tax on property transactions. This video explains the mechanics of a 1031 and highlights the role of the qualified intermediary. What I didn't mention, but should have, is that 1031 applies to personal property as well as real property.
  - Release date
    
    Mar 22, 2010
  - Runtime
    
    06:58
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  Debt Repayments Create Nasty Tax Surprises
  
  Most business owners pay down debt every chance they get because it feels good, it give them competitive advantage and it increases the health of their business. However, debt payments are not tax deductible and business owners can get a nasty tax bill even though they have no cash on hand because the money was used to pay down debt.
  - Release date
    
    Mar 19, 2010
  - Runtime
    
    05:15
- Play
  
  Obsolete Inventory
  
  Not all inventory sells or makes it to the production line. Plans and markets change and that means some inventory items become obsolete. Dealing with obsolete items properly improves the accuracy of accounting related metrics and ratios. But more important to CEO's and business owners handling obsolete inventory effectively can actually improve efficiency and production while increasing the health of the balance sheet.
  - Release date
    
    Mar 4, 2010
  - Runtime
    
    08:51
- Play
  
  Section 179
  
  Section 179 of the Internal Revenue Code allows businesses to take current year tax deductions for capital asset purchases. It can be good for reducing current year tax expense but it can also hinder the comparability of after tax income. Business owners who understand this have less risk of underestimating their "gut level" tax position for the year.
  - Release date
    
    Mar 4, 2010
  - Runtime
    
    06:06
- Play
  
  Capitalization Policies
  
  Capitalization policies drive the decision within companies to either expense or capitalize new purchases. CEO's and owners that understand their companies cap policy understand more about their fixed asset base, the efficiencies or inefficiencies in their fixed asset accounting function and the extent to which large purchases are or are not being tracked on the balance sheet.
  - Release date
    
    Mar 4, 2010
  - Runtime
    
    06:39
- Play
  
  The Connection (between balance sheet and income...
  
  The balance sheet measures the financial condition of a business at a distinct point in time where the income statement reports financial performance over a period of time. The short video explains the difference between the two and how they are tied together.
  - Release date
    
    Mar 1, 2010
  - Runtime
    
    05:13
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  Cost of Goods Sold (COGS)
  
  Many business execs have a difficult time understanding why their COGS number differs, often time significantly, from their purchases for the month. What is missing many times is a knowledge of how COGS is calculated when beginning and ending inventory are taken into account.
  - Release date
    
    Mar 1, 2010
  - Runtime
    
    04:24
- Play
  
  Bad Debt
  
  There are two methods for accounting for bad debt. One is based on when accounts receivable balances are written off and the other is based on an estimate of historically bad balances. Knowing which one your company is using and how the pool of bad debts is being carried on the balance sheet is important if you want accurate information on sales and receivables.
  - Release date
    
    Mar 1, 2010
  - Runtime
    
    07:06
- Play
  
  Introduction to JoeyBrannon.com
  
  Welcome to the new web site.
  - Release date
    
    Feb 25, 2010
  - Runtime
    
    04:50