Comp time (short for compensatory time) is time off given to employees in exchange for working at other times. However, many employers don’t … Read more about Comp Time Troubles and What You Need to Know
Workless Weekends: What and How to Make Them Happen
Small business owners may find it challenging to disengage from their business activities. According to a finding a few years ago from the Alternative … Read more about Workless Weekends: What and How to Make Them Happen
State of Entrepreneurship
Entrepreneurship has been sadly lethargic over the last decade or so. The rate of startups has been disappointing (it’s about half of what it was … Read more about State of Entrepreneurship
Cybersecurity Tips for You and Your Business
I recently received an email from someone I knew, and the email address was his. The mail included an “open document” link to DocuSign, a highly … Read more about Cybersecurity Tips for You and Your Business
Is It Time to Terminate an S Election?
S corporations are corporations formed under state law that elect to be taxed as pass-through entities for federal income tax purposes. Most states … Read more about Is It Time to Terminate an S Election?
Which Legal Fees Are Deductible?
“Lawyers are seldom loved but often needed,” according to Robert B. McCay, who was a former dean at NYU Law School. In the course of your business … Read more about Which Legal Fees Are Deductible?
What’s Next for Nexus?
The dictionary defines nexus as a connection or link. In tax parlance, it means having a significant physical presence within a state so that a … Read more about What’s Next for Nexus?
Vendor Financing for Equipment Purchases
If you need new equipment, whether large or small, determine whether you can afford it. Not buying equipment can cost you dearly in lost … Read more about Vendor Financing for Equipment Purchases
Boomers on the Payroll: What You Need to Know
According to the National Council on Aging, by 2019, 25% of the American workforce will be age 55 or older. Whether you have seniors on your … Read more about Boomers on the Payroll: What You Need to Know
Under Budget, Ahead of Schedule
"Under Budget, Ahead of Schedule" were the words that President Trump said at the opening of Trump International Hotel in Washington D.C. this past … Read more about Under Budget, Ahead of Schedule
Earned Income Tax Credit and Your Business
There’s a perception that the earned income tax credit (EITC) is a giveaway and it is only for the working poor. January 27, 2017, is EITC Awareness … Read more about Earned Income Tax Credit and Your Business
The Other Audits for Employers
We all know about dreaded IRS audits, which disrupt business and cost money in professional fees even if there’s no change in returns under … Read more about The Other Audits for Employers
5 Useless Things to Stop Wasting Your Money On
CNBC had an article on this topic geared to consumers. This prompted me to consider the same topic for small business owners. Because I know how hard … Read more about 5 Useless Things to Stop Wasting Your Money On
Tax Safe Harbors for Small Businesses
There are a number of so-called safe harbors that businesses can use to simplify their tax lives. Unfortunately, understanding these safe harbors can … Read more about Tax Safe Harbors for Small Businesses
10 Ways to Borrow Money
Do you have big plans for 2017, such as starting a new line, hiring additional employees, or expanding to another location? If you need capital to … Read more about 10 Ways to Borrow Money