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
Can You Trust These Business Colloquial Expressions?
You’ve heard the phrases that have become cliches in business parlance, such as cash is king. They are repeated as if they are always correct. But … Read more about Can You Trust These Business Colloquial Expressions?
Making Changes Now to Your 401(k) Plan
One of the most popular types of qualified retirement plans for businesses large and small is the 401(k) plan. It is funded mainly by employees … Read more about Making Changes Now to Your 401(k) Plan
Mentoring for Entrepreneurs
January is National Mentor Month. It’s a fact that having a mentor increases your chances for success. According to a study by Kabbage, 92% of small … Read more about Mentoring for Entrepreneurs
3 Ways to Use Automation for Everyday Business Tasks
Small businesses, by definition, have limited staff and resources. In order to operate “big,” technology has provided some practical assistance. … Read more about 3 Ways to Use Automation for Everyday Business Tasks
What to Do About Inventory Challenges in 2022
The post-holiday season is the time for taking a physical inventory of your merchandise and restocking your shelves. According to U.S. Census Bureau … Read more about What to Do About Inventory Challenges in 2022
Business Owners and their “Combat Fatigue”
Combat fatigue, according to the dictionary, is a psychological disturbance caused by prolonged exposure to active warfare, especially being under … Read more about Business Owners and their “Combat Fatigue”
Startup Ideas for Success: Getting Your Ducks in a Row
For the past several years, a monthly blog of mine throughout the year has focused on a theme (developing leadership qualities in 2019; preparing for … Read more about Startup Ideas for Success: Getting Your Ducks in a Row
Latest Update on COVID-19 Rules and the Workplace
UPDATE: On January 13, 2022, the U.S. Supreme Court ruled that the federal government could not impose OSHA’s mandate on private businesses with 100 … Read more about Latest Update on COVID-19 Rules and the Workplace
Reporting Payments to Independent Contractors: 5 Things to Know
If you engage independent contractors and pay them in the aggregate $600 or more during the year, you must report payments to them and to the IRS. In … Read more about Reporting Payments to Independent Contractors: 5 Things to Know
Make Plans, Not Resolutions
New Year’s resolutions have become a perennial activity. For personal reasons, resolutions usually focus on becoming healthier, saving money, and … Read more about Make Plans, Not Resolutions
