My Molds Newsletter
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| | January/February 2011 Newsletter | |
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Hello Crafter,
Another year has passed us by and Mad About Molds continues to grow and evolve. This month we turned a milestone that we are very proud of. We can now say we have been in business for over 6 years! And we thank each one of you for making that happen. We did it, with your help!!!
It’s that time again. Time to think about taxes. Are you running a business? We would love to hear from you. We welcome any and all stories as well that you may have experienced when working with our molds. Continue reading to learn more about tax tips in our article “Year-End Tax Tips.”
You won’t want to miss this! So sit back and enjoy this issue of My Molds! J
Until next time,
Marjorie with Mad About Molds
As always, we thank you for your time, you’re wonderful comments and your generous support! I enjoy sharing what I do with you and I love to hear what you think! Announcements:
We are planning on adding a nice selection of new molds this year, but first we have a lot of work to do, so please be patient and watch for them here. You will be happy to see what we have coming soon. Also keep in mind that a few molds will be discontinued to make room for the new molds. So if there’s something you “have to have” you might want to consider getting it before it’s gone.
If you like Mad About Molds you will love our other websites! Featured Molds:
No matter how cold it is, the true fact is that “Spring is coming!” There’s plenty of time to start thinking about Easter and Mother’s Day. We have all of up-coming holiday molds listed here. Do you need some Creative Inspiration?
Need a smile? Check out these very creative pictures! They are sure to get you laughing, wondering, inspired, motivated, amazed and completely fascinated! It's got all the eye-candy anyone could wish for.
Pasta Machine Settings?
Have you ever wondered about how thick a sheet of clay is by using numbered settings on your machine?
If you have a pasta machine, have you ever wondered about how thick a sheet of clay is by using numbered settings on your machine? Here's your answer...
Why Molds are a GREAT Value!
In a tough economy, people look for ways to save money. Molds can be a great value to you, by allowing you to create a multitude of castings with just one mold. Also consider the many ways to use molds on our “Creative Ideas Page” to get the most out of your molds.
This Month’s Article: 5 Year-End Tax Tips
As the year is winding down, you can still make decisions that may lower your tax bill. Here are five for you to consider with input from your accountant:
1. Review your business books. You need a clear picture of your earnings and expenses before you make any decisions. Ask your accountant or bookkeeper if you should be tracking something you aren’t.
2. Defer income. Unless you expect to make considerably more income in 2011 when our tax rates will likely be higher, you might want to defer income until after the first of the year. If this is the case, send out your invoices late this month so you won’t receive payment until January.
3. Increase your expenses. Stock up on business equipment and supplies before year end. Pay some of your bills early.
4. Contribute to your retirement plan. Review requirements for payments to your plan. If you don’t already have an individual 401(k), you may want to set up one before the end of the year.
5. Give. Charitable donations are tax deductible if you have a receipt.
These strategies apply differently to each business owner based on her particular situation. Since I’m not a financial professional, take time to discuss your strategy with your personal tax adviser.
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When it comes to service, we break the mold!
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Copyright © 2011 | Mad About Molds, 624 3rd Ave., Brewster MN 56119
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