It’s no revelation to hear that the federal tax laws are very complicated. There are many reefs and rocky shoals. But the IRS has created a number of … Read more about Roundup of IRS-Created Safe Harbors for Tax Savings
What to Know About the New Overtime Pay Rule
The federal overtime pay rule takes effect January 1, 2020 If certain employees work more than 40 hours in a workweek, they must be paid time and a … Read more about What to Know About the New Overtime Pay Rule
What to Know about the ABC Test
No, it isn’t about spelling. It’s a new law in California that governs the determination of whether a worker is an employee or independent contractor … Read more about What to Know about the ABC Test
Developing Leadership Qualities: Patience
I can still hear my 6th grade teacher say (very often) that “patience is a virtue.” If you’re a Type A personality like me, patience isn’t your … Read more about Developing Leadership Qualities: Patience
Budgeting Now for 2020
Now that we’re in the fourth quarter of 2019, it’s time to craft your budget for the coming year. This is an annual chore that should not be … Read more about Budgeting Now for 2020
Some Great Solutions for Better Cybersecurity
October is Cybersecurity Awareness Month, making it a great time for companies to “audit” their cybersecurity practices. Here are some ideas to … Read more about Some Great Solutions for Better Cybersecurity
What’s a Professional Will and Do You Need One?
The term “will” connotes the document used to distribute property when a person dies. However, professionals--doctors, psychologists, and attorneys, … Read more about What’s a Professional Will and Do You Need One?
FBAR Reporting for Business Accounts
FBAR (Report of Foreign Bank and Financial Accounts) The government filed a lawsuit against a person seeking $4 million in penalties for his failure … Read more about FBAR Reporting for Business Accounts
Business Owner’s Planning for Personal Catastrophe
You can’t know in advance when a personal catastrophe—serious illness or accident to you or a close family member, a divorce, or a death in the … Read more about Business Owner’s Planning for Personal Catastrophe
Understanding Government Notices to Your Business
It can happen. You receive an official-looking letter from a government agency or a court filled with a lot of legalese. What do you do? Identify … Read more about Understanding Government Notices to Your Business
5 Tax Recordkeeping Tricks for Vehicle and Travel Costs
One of the most tedious chores for a business is keeping all required records related to a vehicle and business travel. These records are needed for … Read more about 5 Tax Recordkeeping Tricks for Vehicle and Travel Costs
Employer Obligations to Employees Following a Disaster
Julia Child said: “Any disaster is a learning process.” With Hurricane Dorian recently behind us, it’s a good reminder about being sure to understand … Read more about Employer Obligations to Employees Following a Disaster
Developing Leadership Qualities: Being Openminded
George Bernard Shaw said: “Those who cannot change their minds cannot change anything.” Being able to change your mind is a quality of good … Read more about Developing Leadership Qualities: Being Openminded
Record Retention: When Is Enough?
“What the world really needs is more love and less paperwork,” said Pearl Bailey. Of course, she was right. But the government doesn’t see it that … Read more about Record Retention: When Is Enough?
Salary History: Can You Ask?
What about a job applicant's salary history? Labor Day is the time to celebrate the American worker. One of the issues that has come to the forefront … Read more about Salary History: Can You Ask?
