Late with filing a tax return with the IRS? Didn’t correctly figure and pay what you owe? Did something you weren’t supposed to do? Don’t worry. While … Read more about Escaping Federal Tax Penalties
What Is Small Business?
Last month included National Small Business Week. Politicians are continually claiming to help small businesses. My website is dedicated to educating … Read more about What Is Small Business?
Getting a Rebate from Medical Loss Ratios
Usually, health insurance premiums are a one-way street; you pay them to the insurance company. But the insurance company may pay you—because of the … Read more about Getting a Rebate from Medical Loss Ratios
Addressing the Risks of a Remote Workforce
When the pandemic began, remote work arrangements were the only option for some companies to stay in business. Now, remote work arrangements—full-time … Read more about Addressing the Risks of a Remote Workforce
Why Are You in Business?
Today’s challenges to small business owners are immense. COVID-19 aside (which, of course, is hard to put aside), there are challenges from the … Read more about Why Are You in Business?
Handling Disaster Losses from a Tax and Financial Perspective
September 2021 saw unprecedented destruction due to wildfires in California as well as Hurricane Ida—which cut a path of tornados and flooding up … Read more about Handling Disaster Losses from a Tax and Financial Perspective
Returning to the Office: What to Consider
As employees return to the office after more than a year of working from home, it’s inevitable that office rules will change. Things won’t return … Read more about Returning to the Office: What to Consider
Getting Ready Now for Health Coverage in 2022
While 2022 is still months away, it’s not too early to be thinking about health coverage for next year. While not every small business may have … Read more about Getting Ready Now for Health Coverage in 2022
Recovery Strategies: How to Resolve Contentious COVID-19-Related Matters
Joni Mitchell only looked at clouds, love, and life in her 1966 song “Both Sides Now.” In today’s post-pandemic culture, there are so many issues to … Read more about Recovery Strategies: How to Resolve Contentious COVID-19-Related Matters
Clocking In: New Realities
The time clock, which has enabled employers to verify the time employees start and leave the job, was invented in 1888 by Willard Bundy, a jeweler who … Read more about Clocking In: New Realities
Prepare for Disasters and Emergencies
September is National Preparedness Month, an observance created by the Department of Homeland Security. This year’s theme: "Prepare to Protect. … Read more about Prepare for Disasters and Emergencies
Tax Credits Ending Soon: What to Do Now
A month from now, on September 30, 2021, a number of business tax credits end. Others are scheduled to expire at the end of the year. Of course, any … Read more about Tax Credits Ending Soon: What to Do Now
Tax Breaks for Investing in Small Corporations
During the government’s 2020 fiscal year (ending September 30, 2020), there were 1.8 million C corporations and more than 5 million S corporations. … Read more about Tax Breaks for Investing in Small Corporations
What About Raising Your Prices Now?
Supply chain shortages. Inflation (which grew in May at an annualized rate of 5%). Higher wages to fill job openings (up in April and May at an … Read more about What About Raising Your Prices Now?
Need a Business Vehicle? Tax Considerations to Factor into Your Choices
Are you thinking about getting a car, truck, or van now? Hybrid or electric-powered vehicle? Buy or lease a vehicle? And in who’s name (the owner or … Read more about Need a Business Vehicle? Tax Considerations to Factor into Your Choices
