If you have a group health plan in your company, you better know about a federal law called the Consolidated Omnibus Budget Reconciliation Act of … Read more about COBRA and Mini-COBRA: What You Need to Know
Smart Speakers in Your Business
Maybe you have Alexa or other digital helper in your home. There are now many choices from Amazon, Apple, Google, and more. PC Magazine listed the … Read more about Smart Speakers in Your Business
Unraveling Conflicting Tax Rules for Active versus Passive Business Owners
It is commonly accepted wisdom that tax rules are complicated. This belief is well supported by the conflicting tax rules that apply to business … Read more about Unraveling Conflicting Tax Rules for Active versus Passive Business Owners
Home-Based Employees: A Work Arrangement that Can Work
When the polar vortex shut down offices and various government activities (including postal delivery in some mid-West states in late January), it … Read more about Home-Based Employees: A Work Arrangement that Can Work
Do You Need a Company Dating Policy?
Valentine’s Day is a time for romance. As actress/singer Pearl Bailey said: “What the world really needs is more love and less paperwork.” But in this … Read more about Do You Need a Company Dating Policy?
Developing Leadership Qualities — Confidence, Courage, and Inspiration
Being a leader means displaying certain key qualities. This is the second in a series of posts on leadership qualities; it focuses on confidence, … Read more about Developing Leadership Qualities — Confidence, Courage, and Inspiration
Worker Classification Revisited
The determination of whether a worker is an employee or an independent contractor has wide-ranging ramifications for both the company for which work … Read more about Worker Classification Revisited
5 Ideas for Successful Business Meetings
According to Doodle, a company providing scheduling software, business meetings are a waste of time. It’s projected that in 2019, this will cost … Read more about 5 Ideas for Successful Business Meetings
Sales Tax Issues for 2019
Sales tax is a cost imposed on a company’s customers for the goods and services it sells. It’s up to the company to collect the tax from these … Read more about Sales Tax Issues for 2019
5 Lessons from the Government Shutdown
The federal government “shutdown” ran from midnight on December 22, 2018, until January 25, 2019, a total of 35 days. During this time, many small … Read more about 5 Lessons from the Government Shutdown
Steps to Take for Better Data Security
It’s not news that small businesses are targets for cyber attacks that compromise their prized data. This can leave their data on customers and … Read more about Steps to Take for Better Data Security
Naming a Partnership Representative on Your Tax Return
If you are an owner in a partnership or limited liability company filing Form 1065, Partnership Income Tax Return, there’s a new chore to do this year … Read more about Naming a Partnership Representative on Your Tax Return
Special Tax Breaks for Farmers
The majority of the more than 2 million farms in the U.S. are small businesses. The USDA says that “in 2016, farms organized as pass-through entities … Read more about Special Tax Breaks for Farmers
Disability Coverage for Owners and Employees
It’s an unfortunate fact that the chances of becoming disabled are too high to be ignored. According to Council for Disability Awareness, 1 in 4 of … Read more about Disability Coverage for Owners and Employees
Figuring Your Estimated Taxes
Business owners who are self-employed usually pay their taxes in four estimated tax payments for the year. The final installment for 2018 is due on … Read more about Figuring Your Estimated Taxes