If you asked most small business owners, they’d say that paperwork and red tape are the hallmarks of government and the bane of their existence. Well, … Read more about New Federal Reporting Requirement for Small Businesses
Christmas in July: Get Ready for the Real Thing
It seems that Christmas in July, sometimes called Half Christmas, started in a girls’ summer camp in North Carolina in 1933. The concept has become a … Read more about Christmas in July: Get Ready for the Real Thing
Develop Valuable Employees through Apprenticeships and Internships
According to the NFIB’s most recent Small Business Optimism Index, 44% of all owners reported job openings they couldn’t fill. Businesses can continue … Read more about Develop Valuable Employees through Apprenticeships and Internships
Recession-Proof Your Business by Diversifying—5 Ways to Do It
The pandemic taught a valuable lesson—the need to adapt and diversify. Those that did—restaurants that launched take-out orders and outdoor dining, … Read more about Recession-Proof Your Business by Diversifying—5 Ways to Do It
What the U.S. Supreme Court Tells Businesses
The U.S. Supreme Court is the final arbiter of whether actions by federal and state legislatures or the executive branch are constitutional. The U.S. … Read more about What the U.S. Supreme Court Tells Businesses
10 Things to Do for Your Business Now
For many businesses, summer is a slow time. Customers and clients may be on vacation, and you may have time on your hands. Don’t waste this time. … Read more about 10 Things to Do for Your Business Now
Revisiting Remote Work Arrangements
During the pandemic and lockdowns, most companies had no choice but to require employees to work remotely. Now that the necessity of remote work … Read more about Revisiting Remote Work Arrangements
Employment Taxes: 4 Problems with Solutions
If your business has employees—including yourself—there are employment tax obligations imposed on the company (the “employer”) by the federal … Read more about Employment Taxes: 4 Problems with Solutions
The Declaration of Independence and Its Entrepreneurs
It’s been 247 years since a group of men in Philadelphia signed the Declaration of Independence and started a revolution. The document was adopted on … Read more about The Declaration of Independence and Its Entrepreneurs
Mid-Year Tax Planning for Your Business
Can you believe that half of 2023 is over? The first half of the year has been a rocky one economically speaking. There were several interest rate … Read more about Mid-Year Tax Planning for Your Business
Sole Proprietorships Statistics: A Mixed Bag
Numbers can paint a picture and recently released IRS statistics on sole proprietorships certainly do so. These stats are derived from Schedule C of … Read more about Sole Proprietorships Statistics: A Mixed Bag
Recession-Proofing Your Business: Plans B and C
It’s common knowledge that having a business plan is helpful, if not essential, in running a successful business. But savvy business owners know that … Read more about Recession-Proofing Your Business: Plans B and C
Additional Medicare Taxes on Business Owners
Business owners pay Medicare taxes on their salaries while those who are self-employed pay Medicare tax on their net earnings from self-employment. … Read more about Additional Medicare Taxes on Business Owners
5 Business Lessons I Learned from My Dad
Father’s Day is a few days away and this day reminds me of the business lessons I learned from my dad at the dinner table each day while I was growing … Read more about 5 Business Lessons I Learned from My Dad
Small Biz Congressional Measures to Watch and What to Do
There’s tremendous partisanship reported regularly in the media. But in actuality, there’s considerable bipartisan action going on. Small business … Read more about Small Biz Congressional Measures to Watch and What to Do