Blog

  • February 2011

    Link Newsletter Our monthly newsletter, Link Newsletter, is full of tips, reminders, and timely advice to help you stay well informed when it comes to your business and personal finances. If you have questions about any of the articles, feel free to email Damon Yudichak at Damon@yudichakcpa.com. February 2011 Focused Information for the Small Business Owner Volume 3, Issue 2 Damon Yudichak Portrait by Charles Gupton Quote There can be no happiness if the things we believe are different from the things we do. Freya Madeline Stark British Writer (1893 – 1993)     In This Issue My First Half Marathon Damon’s Big Lesson Reader’s Corner Record Breaking Food Drive What’s With the Moon? About Me My First Half Marathon On Saturday, February 19, 2011, I completed my first half marathon in Myrtle Beach, SC. I started training for the race last December and it was amazing to me how fast the twelve weeks of training progressed. It was a fun filled weekend. My wife, two daughters and I left Friday afternoon for the drive down to Myrtle Beach. We enjoyed dinner at an all-you-can eat pasta buffet. It was a lot of fun listening to my daughters chat away….

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  • January 2011

    Link Newsletter Our monthly newsletter, Link Newsletter, is full of tips, reminders, and timely advice to help you stay well informed when it comes to your business and personal finances. If you have questions about any of the articles, feel free to email Damon Yudichak at Damon@yudichakcpa.com. January 2011 Focused Information for the Small Business Owner Volume 3, Issue 2 Damon Yudichak Portrait by Charles Gupton Quote The most important day in any running program is rest. Rest days give your muscles time to recover so you can run again. Your muscles build in strength as you rest. Hal Higdon US Writer and Runner (1931 – )     In This Issue My Wake Forest Ribbon Cutting Damon’s Big Lesson Reader’s Corner Mexican Chicken Soup What’s With the Moon? About Me My Wake Forest Ribbon Cutting Thanks to everyone who came out to my ribbon cutting this month. The opening of a new office is an exciting time to celebrate. My wife was very kind and spent many hours preparing food for the ribbon cutting. Being that January was a cold month this year, we decided to make chili and Mexican Chicken Soup. The chili was tremendous but everyone raved…

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  • November 2010

    Link Newsletter Our monthly newsletter, Link Newsletter, is full of tips, reminders, and timely advice to help you stay well informed when it comes to your business and personal finances. If you have questions about any of the articles, feel free to email Damon Yudichak at Damon@yudichakcpa.com. November 2010 Focused Information for the Small Business Owner Volume 2, Issue 10 Damon Yudichak Portrait by Charles Gupton Quote You have to wonder at times what you’re doing out there. Over the years, I’ve given myself a thousand reasons to keep running, but it always comes back to where it started. It comes down to self-satisfaction and a sense of achievement. Steve “Pre” Prefontaine American middle and long distance runner (1951 – 1975)     In This Issue A Rekindled Romance Damon’s Big Lesson Reader’s Corner The Marketer’s Mind What’s With the Moon? About Me A Rekindled Romance This month I ran my first 5K road race ever. I ran the Road to Rolesville 5K in Rolesville, NC. I showed up thanks to Mike Honkomp who dared me to run the race. I ran a good race and ended up winning the bronze medal for my age group. I hollered and threw…

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  • Garmin 405cx

    Damon’s review of Garmin 405cxJust finished my first run with Garmin 405cx. The one word that describes the Garmin 405cx isFreedomNow I have never run with a GPS watch so this is not meant to be comparative to any other GPS watch. I really like having the ability to run wherever I want. I have my running target for the day and it was nice to watch my progress and know when I was close to the end. I had the flexibility to change my route at any time which was very liberating.When I was in my teenage years i ran a lot just to run. Now that I’m training for a marathon, I have to make sure that I get the right mileage in with each workout. The beauty of having a GPS watch is that I can still run wherever I like, only now I can make sure that I get my mileage in.I read some reviews of the 405cx that said it was difficult to read the watch because of the size of the numbers. I did not find this to be a problem at all. It was easy to read. I like the look of the…

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  • Indie Conf 2010

    Yesterday I had the opportunity to be on a panel at the Indie Conf in Raleigh, NC. It was a well attended event with some excellent speakers. And no I am not saying that because I was one of the speakers. While I did do a good presentation, I really got a lot from the other speakers as well. Michael Kimisal organized the first time event for independent web professionals.In some respects, I did not fit in with the programmers at the Indie Conf. In another respect I did fit in with them because I am an independent. Here is what I liked about the event.I got to meet a lot of really neat business people. It was a good networking event.I learned from the speakers who presented.I got to share some of my knowledge of accounting and taxes with othersMy big takeaway from the conference is that attending conferences needs to be a new business goal for me in 2011. It will help me to expand my network and also to grow as a professional.

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  • October 2010

    Link Newsletter Our monthly newsletter, Link Newsletter, is full of tips, reminders, and timely advice to help you stay well informed when it comes to your business and personal finances. If you have questions about any of the articles, feel free to email Damon Yudichak at Damon@yudichakcpa.com. October 2010 Focused Information for the Small Business Owner Volume 2, Issue 9 Damon Yudichak Portrait by Charles Gupton Quote Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery. Charles Dickens English novelist (1812 – 1870)     In This Issue Two Butterflies and A Bee Damon’s Big Lesson Reader’s Corner The Marketer’s Mind Movember Black & White Affair Position Your Business What’s With the Moon? About Me Two Butterflies and A Bee I’m passing on to my daughters the love of my favorite holiday. This year my two daughters will be dressing up as butterflies for All Hollow’s Eve. In trying to be a good sport, I asked them what they wanted me to be for Halloween. It took less than a second for them both to resoundingly reply, “A bumblebee.” I’m not sure how they came up…

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  • September 2010

    Link Newsletter Our monthly newsletter, Link Newsletter, is full of tips, reminders, and timely advice to help you stay well informed when it comes to your business and personal finances. If you have questions about any of the articles, feel free to email Damon Yudichak at Damon@yudichakcpa.com. September 2010 Focused Information for the Small Business Owner Volume 2, Issue 8 Damon Yudichak Portrait by Charles Gupton Quote I don’t know the key to success, but the key to failure is trying to please everybody. Bill Cosby US Comedian and TeleVision Actor (1937 – )     In This Issue A New Addition to the Family Damon’s Big Lesson Reader’s Corner The Marketer’s Mind I Will Be Funny Again Intro to QuickBooks Position Your Business What’s With the Moon? About Me A New Addition to the Family September is quite a momentous month for my family. This month it was extra special as we added three new members to our family. My two daughters had their birthdays this month so I really wanted to do something special for them. They both really love animals so I tried to think of the perfect pet for the girls that I would be willing…

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  • People Pass

    This week I attended two funerals. One of my clients had an employee who’s mother passed. The other funeral was for another client. Her husband passed early Tuesday morning. Attending the funerals was my way of saying I care. In my mind it’s a small gesture. But I realize it’s important to them.Losing a loved one is a terribly traumatic experience. The heart is broken and a hole is left in the heart. It’s an empty feeling. Sadness and pain. The only thing that seems to heal the heart is time.It really doesn’t matter how long someone lives. When death comes it’s always too early.The longer I live the faster life seems to go by.Just five short years ago my life changed forever as I welcomed my first daughter into the world. A year later my second daughter was born. There is not a moment that goes by when I’m with them that they do not hear me say, “I love you.” If nothing else, I want my daughters to know that I love them. I guess that is why I constantly tell them that I love them.So many things in life are fleeting. People I’ve learned are the most…

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  • August 2010

    Link Newsletter Our monthly newsletter, Link Newsletter, is full of tips, reminders, and timely advice to help you stay well informed when it comes to your business and personal finances. If you have questions about any of the articles, feel free to email Damon Yudichak at Damon@yudichakcpa.com. August 2010 Focused Information for the Small Business Owner Volume 2, Issue 7 Damon Yudichak Portrait by Charles Gupton Quote I came to realize that life lived to help others is the only one that matters ant that it is my duty… This is my highest and best use as a human. Ben Stein Staunch Richard Nixon Supporter (1944 – )     In This Issue Don’t Worry About a Thing Damon’s Big Lesson The Marketer’s Mind I Will Be Funny Again What’s With the Moon? About Me Don’t Worry About a Thing I recently attended a tax seminar that detailed some of the latest tax changes for this year. What surprised me most about the seminar was Bob Marley singing his happy tune “Don’t worry about a thing, cause every little thing gonna be alright. The presenter went on to say that as long as his employment is tied to the actions…

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  • Life is more than just practice

    I recently had lunch with an individual who I hired for a short term project. He is in the process of studying for the CPA exam so he can also be a CPA exam.I encouraged him that all the hard work is worthwhile. I contemplated everything that I did so that I could become a CPA. There is a high barrier to entry to become a CPA.This reminded me somewhat of my Army training. When I went through basic training, there were some very long hours and times when I did not get much sleep. Stress levels were high and there were challenging tasks to complete.I realized that the training was that intense because the Army wanted to prepare soldiers for the rigors of battle. While I never served in a combat zone, I talked with others that did encounter combat. After talking with them, the conclusion was that Army training was the best the Army could do to prepare soldiers for combat.As challenging as training was it is still inadequate. There is no way the Army could artificially simulate combat.I think the same is with a profession. Training can only get you so far. Part of why training is…

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Testimonials

  • We started our residential real estate business and brought Damon on as our principal adviser for all matters relating to taxes & accounting. We have doubled our business each year and Damon is a critical partner that has allowed us to successfully focus on our business.

    – Dan and Rachel Kendall
    Owners, The Rachel Kendall Team, LLC - Raleigh, NC
  • Damon Yudichak is a diligent and consistent professional. I’ve worked with Damon since 2009 and I’ve felt like a valued customer since the beginning of our relationship. His firm is consistent, courteous, and knowledgeable. He and his firm are a vital link to my business.

    – Al Sullivan, President
    Inspirus Consulting, Inc. – Cary, NC
  • Owning a small business… to me, it’s worth millions! Bringing Damon on for accounting and tax purposes… just a reasonable monthly fee! Keeping our business legal and my business partner sane… PRICELESS!

    – Tonya Baskerville, Owner
    Art on the Fridge, LLC – Raleigh, NC