On June 21, 2018, the U.S. Supreme Court, in a 5-4 decision, changed a position it had held for decades. Back in the early 90’s, the Court, in a case … Read more about What the Supreme Court’s Decision on Taxing Internet-based Sales Means to You
Helping Employees Pay Business Expenses
If your employees pay for some business expenses, they’re going to be in for a big surprise when they file their 2018 returns in 2019. They won’t be … Read more about Helping Employees Pay Business Expenses
Entrepreneurship as a Career Path
Recent graduates are facing the best job market in recent memory. The unemployment rate is at historic lows and many employers have openings they … Read more about Entrepreneurship as a Career Path
5 Ideas for a Tight Labor Market
According to the NFIB, the number one concern of 23% of small business owners these days is the tight job market. In fact, 83% of those trying to hire … Read more about 5 Ideas for a Tight Labor Market
Partnerships and LLCs from a Tax Perspective
A partnership is not a taxpaying entity (unless there is an adjustment from an audit under the Bipartisan Budget Act audit rules), but it files an … Read more about Partnerships and LLCs from a Tax Perspective
Lessons from My Dad
Father’s Day is a few days away and this day reminds me of the lessons I learned from my dad at the dinner table each day while I was growing up. He … Read more about Lessons from My Dad
What You Don’t Know about Workers Compensation Can Hurt You
Workers’ compensation is insurance to protect employees in case of job-related injuries or illnesses. Each state has its own rules governing coverage … Read more about What You Don’t Know about Workers Compensation Can Hurt You
Planning for Your Summer Vacation
As business owners we know it’s challenging to take time off. We don’t just run our businesses, we live them. Tsheets found that 14.8% take vacations … Read more about Planning for Your Summer Vacation
Working Past Retirement Age: It’s a Good Thing
People in the U.S. are working longer. According to the Bureau of Labor Statistics, the 65- to 74-year-old and 75-and-older age groups are projected … Read more about Working Past Retirement Age: It’s a Good Thing
Getting Ready for Hurricane Season
If you’re reading this from Seattle or Chicago, you probably think this information doesn’t apply to you; you don’t get hurricanes in your area. Well … Read more about Getting Ready for Hurricane Season
The Good, the Bad, and the Ugly about Getting Paid in Cryptocurrency
The financial markets are all abuzz about cryptocurrency. But as a small business, should you be accepting payment in this virtual currency? A growing … Read more about The Good, the Bad, and the Ugly about Getting Paid in Cryptocurrency
What Does an Improved Economy Mean for You?
The most recent NFIB Index of Small Business Optimism shows that the optimism of small business owners is at near record highs. Earnings trends were … Read more about What Does an Improved Economy Mean for You?
Is This the End of the Gig Economy?
There are a lot of confusing statistics about the gig economy … the realm of workers for Uber, TaskRabbit, Upwork, or themselves. According to a … Read more about Is This the End of the Gig Economy?
Watching the Clock
The old saying that timing is everything has great significance for your business. It governs performance deadlines, tax filings, statutes of … Read more about Watching the Clock
A Bad Apple in Your Business?
Recently a physician in a good medical practice in my area was convicted of 5 counts of federal drug charges, and it got me to thinking about what … Read more about A Bad Apple in Your Business?
