Early in the fourth quarter of 2021 is a good time to begin year-end planning. The sooner you get a jump on things, the more options you’ll have and … Read more about Not Too Early for Year-End Planning
5 Ways Inflation May Impact Your Business
For the past decade, inflation has been very modest (only 1.23% in 2020, 1.81% in 2019, and 2.44% in 2018). But things are changing. In June, the … Read more about 5 Ways Inflation May Impact Your Business
Recovery Strategies: Relaxing COVID-19-Related Practices?
On May 13, 2021, the CDC updated its mask guidelines, saying that fully-vaccinated people can resume activities they did prior to the pandemic and … Read more about Recovery Strategies: Relaxing COVID-19-Related Practices?
Not Like Last Year’s New Year’s Resolutions
2020 began on a note of high optimism for small businesses. The NFIB Small Business Economic Trends in January 2020 showed an optimism rating of … Read more about Not Like Last Year’s New Year’s Resolutions
Preparing for Economic Changes: Getting Help for Getting Through
The economy consistently changes. Sure, the current pandemic has created unprecedented challenges and an economic downturn for many businesses. At the … Read more about Preparing for Economic Changes: Getting Help for Getting Through
How to Compassionately and Legally Break Promises to Your Staff
At the end of February 2020, the federal unemployment rate was 3.5%. At that time, business owners were looking for ways to attract and retain valued … Read more about How to Compassionately and Legally Break Promises to Your Staff
Valentine’s Day in the Workplace: Do’s and Don’ts
Each year, February 14 presents a challenge for business owners. How much celebrating should be encouraged or barred? What dating policies are … Read more about Valentine’s Day in the Workplace: Do’s and Don’ts
Figuring Your Estimated Taxes for 2020
Business owners who are self-employed usually pay their taxes in four estimated tax payments for the year. The final installment for 2019 is due on … Read more about Figuring Your Estimated Taxes for 2020
10 New Year’s Resolutions
While few keep them, it doesn’t stop us from making them every year. Here are my 10 favorites for business owners. (This is an expanded version of an … Read more about 10 New Year’s Resolutions
Estate Tax Planning for Business Owners
The value of an ownership interest in a business may be worth a lot by the time an owner dies. For heirs, whether this interest is diminished by … Read more about Estate Tax Planning for Business Owners
Looking Ahead at Taxes for Self-Employed Individuals
Self-employed individuals Self-employed individuals are sole proprietors, independent contractors, partners, and members of limited liability … Read more about Looking Ahead at Taxes for Self-Employed Individuals
Developing Leadership Qualities: Being Openminded
George Bernard Shaw said: “Those who cannot change their minds cannot change anything.” Being able to change your mind is a quality of good … Read more about Developing Leadership Qualities: Being Openminded
Unraveling Conflicting Tax Rules for Active versus Passive Business Owners
It is commonly accepted wisdom that tax rules are complicated. This belief is well supported by the conflicting tax rules that apply to business … Read more about Unraveling Conflicting Tax Rules for Active versus Passive Business Owners
Figuring Your Estimated Taxes
Business owners who are self-employed usually pay their taxes in four estimated tax payments for the year. The final installment for 2018 is due on … Read more about Figuring Your Estimated Taxes
New Year’s Resolutions from the Experts
According to History.com, the concept of New Year’s resolutions dates back about 4,000 years to the Babylonians who recorded their resolutions during … Read more about New Year’s Resolutions from the Experts
