We live in the Information Age. It started with the transistor in 1947, but really took off with the advent of the internet in 1983. Since then, we’ve … Read more about How to Address Information Overload
Holiday Etiquette for Business’ Greetings
Virginia Tech says “Business etiquette refers to the requirements and expectations of social and business behavior, practices and conduct that are … Read more about Holiday Etiquette for Business’ Greetings
What IRS Statistics Tell Us About Partnerships and LLCs
“A partnership is not a legal contract between two equal individuals. It’s an emotional alliance between two people committed to each other’s … Read more about What IRS Statistics Tell Us About Partnerships and LLCs
Gifting: What You Need to Know
The holiday season is synonymous with giving gifts. Your business may be giving gifts at this time to various people…employees, customers, vendors, … Read more about Gifting: What You Need to Know
Now’s the Time to Hold Your Annual Board Meeting: When, Where, and What to Do
In December, many businesses are in the midst of their busy season. Retailers are hoping for good sales. Accountants are helping businesses with … Read more about Now’s the Time to Hold Your Annual Board Meeting: When, Where, and What to Do
Are Dress Codes and Uniforms Dead?
In the past, it was routine for companies to set certain standards for attire. As late as the 1980s, the IBM “uniform” for salesmen (there were no … Read more about Are Dress Codes and Uniforms Dead?
Labeled a Small Business? That’s Great!
A question that comes up frequently is “what’s a small business?" The SBA defines a small business as one with up to 500 employees (even more for some … Read more about Labeled a Small Business? That’s Great!
J.K. Lasser’s Small Business Taxes 2024: Author’s Overview
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and their tax advisers. The 2024 edition … Read more about J.K. Lasser’s Small Business Taxes 2024: Author’s Overview
Inspirational Quotations for Small Business Owners
Anyone who has read my blogs knows I love to include quotations where relevant. I find that often someone else has said something better than I could. … Read more about Inspirational Quotations for Small Business Owners
Thanksgiving: Small Business Owners Can Be Grateful
“Cultivate the habit of being grateful for every good thing that comes to you, and to give thanks continuously. And because all things have … Read more about Thanksgiving: Small Business Owners Can Be Grateful
Business Owner’s Compensation: How Much?
Business owners need to take money out of their companies to pay their personal expenses and reward themselves for their hard work. Deciding how much … Read more about Business Owner’s Compensation: How Much?
Key Retirement Plan Changes for 2024
There are several factors contributing to a changing landscape for retirement plans in 2024. SECURE Act 2.0 made a number of changes effective in … Read more about Key Retirement Plan Changes for 2024
Recession-Proof Your Business: What to Know About Taxes if Struggling in 2023
Many small businesses are thriving despite high inflation, labor shortages, and other challenges. Unfortunately, some businesses are struggling. … Read more about Recession-Proof Your Business: What to Know About Taxes if Struggling in 2023
Entrepreneurial-Minded Veterans
November 11 is Veterans Day (although it’s celebrated on November 10th because the 11th is a Saturday). According to the U.S. Census Bureau, veterans … Read more about Entrepreneurial-Minded Veterans
Prevailing Wage and Apprenticeship Rules that Boost Certain Tax Write-Offs
The Inflation Reduction Act introduced or expanded various tax rules—deductions and credits—related to green energy. Basic write-offs can be … Read more about Prevailing Wage and Apprenticeship Rules that Boost Certain Tax Write-Offs