When you go into business, the government is your silent partner in more ways than one. The government takes a chunk of your profits in the form of … Read more about Startup Ideas for Success: Get the Licenses and Permits You Need
What Does “Income” Mean for Tax Rules?
The word “income” is a generic term for the accretion to wealth. The word “income” connotes wages and earnings from self-employment. But for tax … Read more about What Does “Income” Mean for Tax Rules?
Pet Policy for Your Business
During COVID-19, many employees working from home got used to having their pets close by. After all, 70% of households have a pet. With employees … Read more about Pet Policy for Your Business
Is It Work-Life Balance or Just Lifestyle?
Work-life balance is defined by Business Daily News as “the state of equilibrium where a person equally prioritizes the demands of one’s career and … Read more about Is It Work-Life Balance or Just Lifestyle?
What To Do If You Fall Behind in Tax Deposits
If you are an employer, you are required to deposit your employment taxes on a regular schedule that’s dependent on the usual amount of the deposit. … Read more about What To Do If You Fall Behind in Tax Deposits
Additional Taxes on Small Business Owners
There’s been much discussion about “taxing the rich” and making them “pay their fair share.” What may get lost in the discussion are the special taxes … Read more about Additional Taxes on Small Business Owners
Writing Off the Cost of Business Driving
Gas prices at the pump have nearly doubled in one year, causing severe strain on business budgets. This is especially so for businesses that are based … Read more about Writing Off the Cost of Business Driving
Recognizing the Achievements of Small Business Owners
“There are two things people want more than sex and money: recognition and praise.” -- Mary Kay Ash, Founder of Mary Kay Cosmetics Small business … Read more about Recognizing the Achievements of Small Business Owners
5 Economic Indicators that Frighten Small Businesses
Now may be the time for small businesses to hunker down and prepare for worse times to come. While the pandemic may no longer be a significant factor … Read more about 5 Economic Indicators that Frighten Small Businesses
What Does Summer Mean for Your Business?
Summer begins this year on June 21 and runs through September 22. It is a period of heat and a time of opportunity. For some seasonal businesses, it … Read more about What Does Summer Mean for Your Business?
My Father and Cash (And Cash Now)
With Father’s Day approaching, I couldn’t help but think about my dad. He died many years ago, but I still miss him. One thing that came to mind about … Read more about My Father and Cash (And Cash Now)
Golden Handcuffs to Keep Employees?
Golden handcuffs are benefits provided by an employer to discourage an employee from leaving the company to take another job. Golden handcuffs have a … Read more about Golden Handcuffs to Keep Employees?
Startup Ideas for Success: Understanding Your IP Holdings
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 Startup Ideas for Success: Understanding Your IP Holdings
Lessons from More than 25 Years of Working from Home
In 1997, I wrote The Complete Idiot’s Guide to Starting a Home-Based Business, which subsequently went through 3 editions. By the time I wrote the … Read more about Lessons from More than 25 Years of Working from Home
Is It Time to Start Exporting?
Did you know that 95% of consumers are outside the U.S.? Small businesses can expand their markets to other countries and capture new customers. … Read more about Is It Time to Start Exporting?
