Anne M. Mulcahy, former CEO of Xerox, said: “Employees who believe that management is concerned about them as a whole person – not just an employee – … Read more about New Employee Benefits to Consider
Strategies for Managing Multiple Businesses
Entrepreneurs, by definition, are entrepreneurial. They don’t necessarily limit their business activities to a single endeavor. Some may have one … Read more about Strategies for Managing Multiple Businesses
Startup Ideas for Success: Learning about Your Government-Imposed Responsibilities
When you start a business, your goal is to bring in revenue so you can meet your financial obligations (e.g., pay the rent, cover your marketing … Read more about Startup Ideas for Success: Learning about Your Government-Imposed Responsibilities
What’s Up with Form 1099-K?
Third-party payments over a threshold amount must be reported annually to the IRS. This is done on Form 1099-K. Who does the reporting, what are the … Read more about What’s Up with Form 1099-K?
5 Ways to Have a Healthier Workplace
COVID-19 shown a spotlight on health. Now that many employees are returning to the workplace—full time or on a flex schedule—employers can help … Read more about 5 Ways to Have a Healthier Workplace
Cancellations Can Have Tax Consequences
Things get canceled all the time…meetings and appointments, customer orders, and leases to name a few. Sometimes cancellations are good for your … Read more about Cancellations Can Have Tax Consequences
Second Anniversary of the COVID-19 National Emergency: What Small Business Has Learned
On March 13, 2020, the President declared COVID-19 to be a national emergency. This was the start of shutdowns and, according to the SBA’s Office of … Read more about Second Anniversary of the COVID-19 National Emergency: What Small Business Has Learned
Buy or Lease Vehicles and Equipment: Which Option Is Better?
In the market for a new truck for your business? Need expensive equipment now? Should you buy it or lease it? There’s no right answer; it depends on … Read more about Buy or Lease Vehicles and Equipment: Which Option Is Better?
Business Owners Need to Plan for Personal Catastrophe
Much emphasis is placed on business planning and what a business should do if there’s a catastrophe. Hopefully, business owners have done this in the … Read more about Business Owners Need to Plan for Personal Catastrophe
Startup Ideas for Success: Finding Money
You may have a great idea for a business. It may be just the thing to solve a problem. Maybe you’re on a mission to save the world. Perhaps you have a … Read more about Startup Ideas for Success: Finding Money
5 Things to Remember about the Home Office Deduction
The pandemic caused many small business owners to abandon their offices—and the rent for them—in favor of working from home and allowing staff to do … Read more about 5 Things to Remember about the Home Office Deduction
A Company Dating Policy?
Despite the persistence of the pandemic and the fact that some many employees continue to work remotely, Valentine’s Day is still a time for romance, … Read more about A Company Dating Policy?
Big Tax Break for Section 1202 Stock: Which Businesses Qualify?
Tax breaks are being pared, but one that remains is the ability of certain corporations to issue stock that owners will eventually be able to sell tax … Read more about Big Tax Break for Section 1202 Stock: Which Businesses Qualify?
Supplement to J.K. Lasser’s Small Business Taxes 2022
The pandemic triggered numerous changes in tax law as reflected in the book. But tax law is not static and new legislation, IRS pronouncements, and … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2022
Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022
Tax law is not static and new legislation, IRS pronouncements, and court decisions continue to tweak tax rules. They affect reporting on 2021 returns … Read more about Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022