There are a number of so-called safe harbors that businesses can use to simplify their tax lives. Unfortunately, understanding these safe harbors can … Read more about Tax Safe Harbors for Small Businesses
10 Ways to Borrow Money
Do you have big plans for 2017, such as starting a new line, hiring additional employees, or expanding to another location? If you need capital to … Read more about 10 Ways to Borrow Money
To Hire or Not to Hire: That Is the Question
The job market is heating up and according to a recent NFIB report, there was a 15% uptick in the number of small businesses that planned to increase … Read more about To Hire or Not to Hire: That Is the Question
Small Business, ADA, and Lawsuits
Just do a search for these terms strung together — small business, ADA, lawsuits — and you’ll learn about “vexatious lawsuits.” CBS’s 60 Minutes ran a … Read more about Small Business, ADA, and Lawsuits
10 New Year’s Resolutions for this Tax Season
While the filing deadline for your 2016 federal income tax return isn’t until April 18, 2017, it’s not too early to take measures that will make this … Read more about 10 New Year’s Resolutions for this Tax Season
A New Online Healthcare Portal for Your Small Business
It's not too late to find the health coverage you need for your small business. As a small business owner, you must know your responsibilities and … Read more about A New Online Healthcare Portal for Your Small Business
Looking Back on 2016 and Ahead to 2017
This has been quite a year for small businesses in the U.S. Much has happened, and much is anticipated in the coming year. Let’s look back on … Read more about Looking Back on 2016 and Ahead to 2017
Partnerships and LLCs from a Tax Perspective
A partnership is not a tax-paying entity, but files an annual tax return, Form 1065, to report income, deductions, and other items. These items pass … Read more about Partnerships and LLCs from a Tax Perspective
Revisiting Health Savings Accounts
With the talk of “repeal and replace” for Obamacare on the front burner, it’s essential for small business owners to understand health savings … Read more about Revisiting Health Savings Accounts
Defining Small Business for Tax Reform Purposes
“Small business owners” are part of the tax reform conversation that is underway, but what does this term mean? The Treasury’s Office of Tax Analysis … Read more about Defining Small Business for Tax Reform Purposes
Final Overtime Rule Enjoined: What to Do Now
The Department of Labor’s Final Rule on overtime pay that would have dramatically transformed payroll policies had been scheduled to go into effect on … Read more about Final Overtime Rule Enjoined: What to Do Now
Keeping Up with State and Local Employment Law Changes for 2017
The coming New Year brings a slew of new employment-related laws on the state and local levels. And with coming changes on all levels of government as … Read more about Keeping Up with State and Local Employment Law Changes for 2017
Sole Proprietorships on the Rise
Recently released IRS statistics for 2014 show that there is a growing number of sole proprietorships in the U.S. Sole proprietorships are taxpayers … Read more about Sole Proprietorships on the Rise
The Small Business Story Behind Carrier Job Retention
On November 30, President-elect Trump announced that a deal had been reached with Carrier to retain about 1,000 jobs in its Indiana plant. The news … Read more about The Small Business Story Behind Carrier Job Retention
Planning for Year-End Bonuses
Has 2016 been a good year for your business? The time is growing short for you to address the matter of year-end bonuses. According to the 2016 … Read more about Planning for Year-End Bonuses