In April 2012, the JOBS Act authorized the SEC to promulgate regulations that enable businesses to raise capital from the public without going through … Read more about Equity Crowdfunding Now?
Is It Time to Make Changes in Your Business?
Albert Einstein said: “Insanity: doing the same thing over and over again and expecting different results.” Many small business owners try to grow … Read more about Is It Time to Make Changes in Your Business?
Helping Employees Save if You Don’t Offer a Retirement Plan
Many small businesses offer 401(k)s or other qualified retirement plans so that owners and employees can save for retirement on a tax-advantaged … Read more about Helping Employees Save if You Don’t Offer a Retirement Plan
Congress’ Budget Deal includes Tax Changes
The budget deal passed by Congress last week, called the Bipartisan Budget Act of 2015, funds the government for two years and extends the debt … Read more about Congress’ Budget Deal includes Tax Changes
Special Tax Concerns for Cash Businesses
Many small businesses do some or all of their transactions in cash. This raises some special issues and concerns. Technically, being paid in cash … Read more about Special Tax Concerns for Cash Businesses
J.K. Lasser’s Small Business Taxes 2016
This is my perennial tax book. I know it’s not a page turner like The Survivor (currently #1 on the New York Times best seller list) or Life and Other … Read more about J.K. Lasser’s Small Business Taxes 2016
Accounting for T&E Expenses
Most small businesses incur travel and entertainment costs. They travel to see vendors, attend trade shows, and meet with customers and clients. If … Read more about Accounting for T&E Expenses
Fixing Compensation Packages in Light of Audit Technique Guides
Follow @BarbaraWeltman Compensation today is more complicated than in the past. It’s no longer confined to a paycheck and a fringe benefit or … Read more about Fixing Compensation Packages in Light of Audit Technique Guides
Do We Need a National Disaster Tax Relief Act?
Follow @BarbaraWeltman Looking at pictures of the floods in Charleston, SC, and elsewhere earlier this month made me think about my horrendous … Read more about Do We Need a National Disaster Tax Relief Act?
NOLs: Waive the Carryback?
Follow @BarbaraWeltman If your business sustains losses, you may be eligible for a net operating loss (NOL). In most cases, the NOL is carried back … Read more about NOLs: Waive the Carryback?
Fed’s Decision on Rates: Impact on Small Businesses
Follow @BarbaraWeltman On September 17, the Federal Reserve announced that it would not increase interest rates. There’s been no increase since the … Read more about Fed’s Decision on Rates: Impact on Small Businesses
Getting Ready for Chip Cards Revisited
Follow @BarbaraWeltman Last April, I wrote about getting ready for EMV cards. (EMV stands for Europay, Mastercard, Visa.) As a reminder, starting … Read more about Getting Ready for Chip Cards Revisited
Protecting Your Brand
Follow @BarbaraWeltman Michael Jordan sued a grocery store that used his image in a promotion without his permission. As a billionaire, he … Read more about Protecting Your Brand
Get Ready for Changes in Filing Deadlines and Extensions
Follow @BarbaraWeltman As a business owner, you face various tax filing requirements. Different dates apply for different tax forms. While the dates … Read more about Get Ready for Changes in Filing Deadlines and Extensions
Tax Deduction with No Cash Outlay?
Follow @BarbaraWeltman That’s right! Usually you get a tax deduction only if you spend money on something for your business. But under a special rule … Read more about Tax Deduction with No Cash Outlay?
