Golden Tax Relief January 2018

Helping People Isn’t Just for Nonprofits

Sharen Murnaghan’s LinkedIn page features the line, “Always be helping.” When you look at Hubspot’s “About Us” page, you’ll notice their vision is to build a company where business is “empathetic, human, and personable.” Do these philosophies sound like they’re in alignment? She and Hubspot both believe that helping others is essential to business success, so it should come as no surprise that Murnaghan is Hubspot’s No. 1 salesperson. When two MIT graduates, Dharmesh Shah and Brian Halligan, realized that customers weren’t responding to tried- and-true marketing tactics — and that Shah’s unassuming blog was driving way more web traffic than sites with huge marketing budgets — they created Hubspot, a marketing and sales software company. Most companies were forgetting about the human element of sales. Instead of helping people, these businesses treated customers like numbers, all in the pursuit of their bottom line. So, Shah and Halligan started

a company that would do the opposite. They decided to help other businesses forge human relationships with their customers and create an “inbound world.” Before joining their company, Murnaghan had a successful sales career in the publishing world, but she was ready for something new. She had an impressive amount of sales experience but almost no knowledge of digital marketing, an industry she knew was clearly on the rise. So, “armed with nothing but a desire to learn and a willingness to work hard,” she enrolled in a digital marketing course, got a certification, and eventually found her way to Hubspot. She started in an entry-level sales position, and, after putting in 12-hour days and many more hours on continued education, she became their No. 1 salesperson. She’s held the spot ever since.

Hubspot was built on. “People don’t want to be interrupted by marketers or harassed by salespeople,” Shah and Halligan say of their empathetic approach. “They want to be helped.” Murnaghan’s interactions with customers hinged on her desire to help others, and she was determined to carry out that mission. Once, she connected a client’s daughter with friends in Canada after learning the girl was starting university there. Don’t forget about the simple act of helping people. Make this a priority above selling a good or service. As you shape and define your company’s values, hire people who exemplify them. Like Murnaghan, if they live your values, they’ll wow your clients, help grow your brand, and bring you both to the top. What lessons can we glean from Murnaghan’s and Hubspot’s success? Perhaps it’s this:

But what got her there? She found success by using the same philosophy that

Challenging the Ref

IRS Penalties Can Be Overturned

Penalty. It’s a scary word. They are the last thing you want your favorite sports team to get, let alone your tax filing. There are over 145 different IRS penalties you can run afoul of, costing you time and money. What many folks fail to realize is there are ways out of the penalty box. Abatement is a formal process in which a taxpayer can request the reduction, or even removal, of a tax penalty. Think of it as a “challenge” in the NFL. It’s an opportunity to have the referee stop and consider if they made the right call. In fact, the IRS is far more lenient than most refs. In many cases, 100 percent of penalties are removed after an abatement is requested. Unlike football, a tax penalty can be abated even when you actually broke the rules. The IRS takes extenuating circumstances, prior good behavior, and any efforts you’ve

made to fix the problem into account when deciding whether to grant penalty relief. It is important that you are honest and clear about any of these factors. A trained tax professional can help guide you through the abatement process. They can help you determine whether you have grounds to seek abatement and assist you throughout the process. Penalties carry different levels of severity, but they all need to be tackled with a deft hand. Advocating for yourself against the IRS can be confusing at best and intimidating at worst. If you or your business are struggling under tax penalties, please give Golden Tax Relief a call. We know the ins and outs of the abatement process, and we’ll work with you to come to an understanding with the IRS. We want to see those penalties resolved so you can get back to playing ball.

32850 US-43 B THOMASVILLE, AL 36784

2

Made with FlippingBook - Online catalogs