On his first day in office, President Biden issued an executive order freezing for 60 days various federal proposed regulations as well as those … Read more about Regulations in Limbo: What This Means for Small Businesses
Recovery Strategies: Using Tax Credits to Hire and Retain Employees
“To win in the marketplace you must first win in the workplace.” Doug Conant, former President and CEO of the Campbell Soup CompanyYour staff is your … Read more about Recovery Strategies: Using Tax Credits to Hire and Retain Employees
Lincoln’s Lessons on Failure
With the stress of the pandemic and the problems they created for many small business owners, unfortunately failure is now too common a fact of life. … Read more about Lincoln’s Lessons on Failure
Review Your Green Business Practices
A new administration and new Congress are promising serious climate change legislation soon (the “Green New Deal”). In his inauguration speech, the … Read more about Review Your Green Business Practices
Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2021
by Barbara Weltman The COVID-19 pandemic triggered numerous changes in tax law as reflected in the book. But tax law is not static and new … Read more about Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2021
Supplement to J.K. Lasser’s Small Business Taxes 2021
by Barbara Weltman The pandemic triggered numerous changes in tax law as reflected in the book. But tax law is not static and new legislation, IRS … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2021
Vacation Deprivation: What to Do About It?
COVID-19 killed vacation plans for most people in 2020. According to Expedia’s annual report issued last Spring, staying home had become the new norm. … Read more about Vacation Deprivation: What to Do About It?
Tax Losses for Owners of Pass-Through Companies: What to Know
Small business owners by their nature are optimistic, as evidenced by various surveys (e.g., GGV Capital found that 83% of owners thought they’d do … Read more about Tax Losses for Owners of Pass-Through Companies: What to Know
Roundup of COVID-19-Related Breaks for Self-Employed Individuals
Much of the government relief provided to small businesses was keyed toward their employees. They could qualify for the SBA’s EIDL grant of $1,000 per … Read more about Roundup of COVID-19-Related Breaks for Self-Employed Individuals
5 Ideas for Self-Growth for Business Owners
A quotation from Benjamin Franklin that’s taped to my monitor says, “an investment in knowledge pays the best interest.” Business owners who … Read more about 5 Ideas for Self-Growth for Business Owners
Worker Status and Changing Times
The pandemic has highlighted, but did not create, a growing diversity of worker status. There are a variety of employee types, from at-will hourly … Read more about Worker Status and Changing Times
5 Last Minute Tips for W-2s and 1099s
The deadline for providing employees with their Form W-2 for 2020 and independent contractors who received at least $600 in 2020 with their … Read more about 5 Last Minute Tips for W-2s and 1099s
Recovery Strategies: 5 Issues for Long-Term Work-From-Home Policies
As has been our practice in the past couple of years, we’ve adopted a theme for a monthly blog. This year’s theme: Recovery strategies. When the … Read more about Recovery Strategies: 5 Issues for Long-Term Work-From-Home Policies
What’s New for Employee Benefits This Year?
The Consolidated Appropriations Act, 2021 (CAA), signed into law on December 27, 2020, changed some important rules impacting various employee … Read more about What’s New for Employee Benefits This Year?
Company Support for Working Parents: Win-Win
According to a study by Maven and Great Places to Work, companies that provide support for employees with childcare responsibilities have 5.5 times … Read more about Company Support for Working Parents: Win-Win