In early January 2023, the Fair Tax Act of 2023 was introduced in the House. While the measure is a 'looong' way from enactment and may never come to … Read more about What the Fair Tax Would Mean to Your Business
February: A Month of Recognition and Celebration
The shortest month of the year, February, has just one federal holiday, but lots of other noteworthy holidays and celebrations. Why should this matter … Read more about February: A Month of Recognition and Celebration
Who Do You Trust?
I’m not referring to an old TV show with Johnny Carson for anyone like me old enough to remember it. I’m talking about who you can depend on when it … Read more about Who Do You Trust?
3 Hidden Business Costs and How to Reduce Them
You know you have to pay the rent, your payroll costs, and many other obvious expenses. That’s because you have a bill, a contract, an invoice, or … Read more about 3 Hidden Business Costs and How to Reduce Them
Crime and Small Business: Are There Solutions?
Small businesses face an array of crimes—both physical and virtual. They may experience burglars, robberies, vandalism, shoplifting, employee theft, … Read more about Crime and Small Business: Are There Solutions?
Your Business GPS Plan
You’ve all heard of a business plan, and hopefully you’ve even done one for your business. But have you considered a business GPS plan? The difference … Read more about Your Business GPS Plan
Adjusting to New Tax Rules for Your Business in 2023
The tax law is continually changing, with new rules coming into effect and old ones expiring. Sure, you can wait until you meet with your CPA or other … Read more about Adjusting to New Tax Rules for Your Business in 2023
What Agreements Employers Can and Can’t Have Employees Sign
Contracts and agreements are SOP (standard operating procedure) for businesses. This is so regardless of the amount of revenue, the number of … Read more about What Agreements Employers Can and Can’t Have Employees Sign
A New Look at Your Retirement Plan
The Consolidated Appropriations Act, 2023 , which was signed into law on December 29, 2022, made a number of changes impacting qualified retirement … Read more about A New Look at Your Retirement Plan
Recession-Proofing Your Business: Making Strategic Plans
Each year for the past several years, I’ve run a series of articles throughout the year on a single main topic and this year will be devoted to … Read more about Recession-Proofing Your Business: Making Strategic Plans
Five New Year’s Resolutions
While few keep them, it doesn’t stop us from making them every year. Inc. reported that of the 41% of Americans who make New Year’s Resolutions, only … Read more about Five New Year’s Resolutions
Startup Ideas: Looking Back on 2022
As the year comes to a close, all businesses should review their business activities for the year. This is especially critical for startups coming off … Read more about Startup Ideas: Looking Back on 2022
Ideas for Recovering from Holiday Stress
For many small business owners, the holiday season is their peak period for sales in the year. This means long hours and continual problem solving. … Read more about Ideas for Recovering from Holiday Stress
Cutting Payroll Costs without Cutting Payroll
As a recession looms, companies should be thinking about ways to reduce their overhead. There may be no need to take action now, but being prepared to … Read more about Cutting Payroll Costs without Cutting Payroll
Partnerships and LLCs: What IRS Statistics Tell Us
“Coming together is a beginning, staying together is progress, and working together is success.” ~ Henry Ford A partnership is not a taxpaying … Read more about Partnerships and LLCs: What IRS Statistics Tell Us
