Ask the Accountant… Question: Is there a way to know if my sales tax report is correct? Answer: I always suggest reviewing the information on your sales tax report before filing. The report is only as correct as the data you enter into QB. To begin, are you up to date with your bank and…
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There’s never a dull week in the world of promotional products. Over the last few days, we again realized the potential of micro-moments to make for branded gold thanks to an emergency backup goalie’s turn with the NHL’s Carolina Hurricanes, and saw some pretty great Philly-centric merch at our local Whole Foods. Plus three more cool finds!…
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Continuing to ask respected industry leaders to share their thoughts on success, I reached out to Paul Bellantone, president and chief executive officer of PPAI, to share his advice. Thank you, Paul Bellantone, for sharing your advice about financial success with me. Question for Paul: In your years of experience in our industry, what do…
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Ask the Accountant… Question: I use two item numbers for my distributorship—one is the item number I assign internally and show the customer, and the other is the supplier’s number. Can I use both in QuickBooks? Answer: Yes, QB Premier and Enterprise allow for two different fields of item numbers. When you set up an…
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You don’t need a date for Valentine’s Day to fall in love with promotional products. That’s something we do every single day of the year. And, thankfully, we have a job that allows us to celebrate with this weekly column. Enjoy this week’s Fave 5, featuring phone wallets, Windows XP lava lamps and whatever a fastnacht is…
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Not even a high-touch and highly creative industry like promotional products is immune to the “Amazon Effect.” That may have many distributors rushing towards an e-commerce model to meet buyer expectations—but before you completely throw out the traditional relationship-based model, let’s discuss…
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For the new year, I have decided to ask some of the most respected industry leaders to share their thoughts on success. Thank you to Norm Hullinger, the CEO of alphabroder, for sharing his valuable advice. First question: In your years of experience in our industry, what do you think the most financially successful people…
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Ask the Accountant… Question: I have sales in several states. Do I have to collect sales tax in states other than my own? Answer: Sales tax has always been a complicated issue, and it was made infinitely more complicated by the Supreme Court ruling in South Dakota v. Wayfair in 2018. The decision means that…
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The biggest day in advertising is right around the corner. That’s right—Super Bowl Sunday. It’s basically the Super Bowl of advertising! For those of us who keep our eyes out for solid promotional items, we don’t have to wait for one year to celebrate clever advertising. We get to do it every week! This week’s edition includes public transit stress balls, fan bobbleheads and Chinese New Year packaging…
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If you want to achieve more wealth, just write yourself a check and post-date it. The law of attraction is a very real thing. The truth is that everything in our universe is about vibrations. I know that most things look solid, but the truth is that all things are made from atoms and all…
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