The Covid-19 has turned everything upside down. Usually, at this time of the year, businesses are planning on hiring summer interns. Should you do … Read more about Summer Internships: What to Do Now
More Coronavirus-Related Tax Relief: Q and A
As the COVID-19 pandemic continues, so, too, do the actions of Congress to help on the economic front. The previous blog covered IRS relief … Read more about More Coronavirus-Related Tax Relief: Q and A
IRS-Provided Tax Relief Related to the Coronavirus
ALERT: Updated as of April 10, 2020 -- see IR-2020-66 at IRS.gov In an ongoing series of moves, the IRS and Congress are working to create tax … Read more about IRS-Provided Tax Relief Related to the Coronavirus
Understanding Corporate Taxes
With the dramatic cut in the corporate tax rate to 21% by the Tax Cuts and Jobs Act, there’s been some increased interest in operating as a C … Read more about Understanding Corporate Taxes
Setting Up a Home Office
Working from home—full time or occasionally—has become the norm for many business owners. It’s been my norm for more than 35 years. And with the … Read more about Setting Up a Home Office
Women-Owned Businesses 2020
This is Women’s History Month, which is a great time to consider the impact of women in businesses. According to the 3rd Mastercard Index of Women … Read more about Women-Owned Businesses 2020
5 Other Tax Actions Prompted by Filing Your Return
NOTE: The due dates have been updated since the original publishing date. The April 15 due date for individuals and corporations is now July 15, 2020. … Read more about 5 Other Tax Actions Prompted by Filing Your Return
Preparing for Economic Changes: Meeting the Challenges from the Coronavirus
The world first heard about the coronavirus a month ago. Yet it has intruded on many aspects of life and certainly has a negative economic effect. … Read more about Preparing for Economic Changes: Meeting the Challenges from the Coronavirus
Revising Your Drug Policy for Marijuana
Perhaps you’ve revised your drug policy to provide more help and information to employees during the ongoing opioid crisis. What you should and can do … Read more about Revising Your Drug Policy for Marijuana
Government Incentives for Small Businesses: What’s in It for You?
Governments -- federal, state, and local — provide a variety of economic incentives to encourage businesses to hire workers, invest in capital … Read more about Government Incentives for Small Businesses: What’s in It for You?
Employee Stock Ownership Plans Are a Win-Win
There are two important challenges that every small business owner should know. One: According to the Workest, retaining good employees is a very … Read more about Employee Stock Ownership Plans Are a Win-Win
Wage Withholding: Mandatory and Voluntary Reasons
As an employer, you are required to withhold from an employee’s paycheck federal (and where applicable, state) income taxes, as well as the employee’s … Read more about Wage Withholding: Mandatory and Voluntary Reasons
Valentine’s Day in the Workplace: Do’s and Don’ts
Each year, February 14 presents a challenge for business owners. How much celebrating should be encouraged or barred? What dating policies are … Read more about Valentine’s Day in the Workplace: Do’s and Don’ts
Amended Business Income Tax Return Opportunities Now
If you’re owed a tax refund related to a tax return filed for a previous year, the IRS isn’t going to automatically send it to you. It’s up to you to … Read more about Amended Business Income Tax Return Opportunities Now
Preparing for Economic Changes: Making Strategic Plans
Is the economy getting better or are we in for some serious problems? You can watch trends and listen to economists, but these aren’t all the answers … Read more about Preparing for Economic Changes: Making Strategic Plans