When it comes to financial matters — handling debt, saving for a home, saving for retirement, etc. — most employees are clueless. One report found … Read more about Financial Wellness Strategies for Your Workplace
10 Ideas for Avoiding Waste
Benjamin Franklin said it best: “Waste neither time nor money, but make the best use of both. Without industry and frugality, nothing will do, and … Read more about 10 Ideas for Avoiding Waste
What Do Tax Stats Tell Us about Small Business?
The IRS released statistics on 2014 income tax returns filed by individuals. It includes income and losses reported by sole proprietors on Schedule … Read more about What Do Tax Stats Tell Us about Small Business?
10 Best Practices to Grow Your Business
How do you take your company to the next level? Obviously you need a vision of where you want to take your business. To get there, … Read more about 10 Best Practices to Grow Your Business
Pension Protection Act 10 Years Later
The Pension Protection Act of 2006 was signed into law on August 17, 2006. This massive piece of legislation was designed to ensure adequate … Read more about Pension Protection Act 10 Years Later
Succession Planning for Your Family-Owned Business
If you are an owner of a business in which other family members — a spouse, sibling, child, or other relative — also have an ownership interest, … Read more about Succession Planning for Your Family-Owned Business
How to Protect Your Intellectual Property
Merriam-Webster defines intellectual property, or IP, as “property (as an idea, invention, or process) that derives from the work of the mind or … Read more about How to Protect Your Intellectual Property
Warning: Good and Bad News for Self-Employed Individuals’ Health Coverage
Every individual is required to have minimum essential health coverage for him/herself and children up to age 18 or pay a penalty (unless exempt from … Read more about Warning: Good and Bad News for Self-Employed Individuals’ Health Coverage
Tax Issues for Spouses Co-Owning Businesses
No one knows how many businesses in the U.S. are co-owned by spouses. A professor from Oklahoma State University estimated in 2000 that there were … Read more about Tax Issues for Spouses Co-Owning Businesses
Contests Can Help You Grow Your Business
With the Olympics underway in Rio, it’s easy to see how being a winner is a great feeling. It can also translate into economic rewards as medalists … Read more about Contests Can Help You Grow Your Business
What are the Tax Consequences of Your Crowdfunding Efforts?
When you raise money for your business through crowdfunding your goal is to have the funds needed for a specific purpose. The last thing you probably … Read more about What are the Tax Consequences of Your Crowdfunding Efforts?
Customize Your Tax Strategies
Tax experts, including myself, often write in generalities about tax actions that small business owners should take. The general advice may be fine … Read more about Customize Your Tax Strategies
What You Can Do to Protect Client and Customer Data
In early July the IRS urged tax return preparers to protect client information. However, this urging should not be limited to preparers; it really … Read more about What You Can Do to Protect Client and Customer Data
Worker Misclassification: How to Beat the IRS
One of the hottest issues with the IRS continues to be worker classification. Businesses may treat workers as independent contractors while the IRS … Read more about Worker Misclassification: How to Beat the IRS
What’s Your ‘ACA’ Number?
The Affordable Care Act (ACA) imposes responsibilities on certain employers. It also offers a tax break to certain employers. Who these employers … Read more about What’s Your ‘ACA’ Number?