This year has been a very difficult one for small business owners. Some tax rules have made it a little easier to defer some taxes to next year. But … Read more about Why You’re Going to Need More Cash in 2021 for Taxes
How to Create Company Policy for Sustainability
The Sustainability Accounting Standards Board (SASB) is an organization founded in 2018 whose mission is “to help businesses around the world … Read more about How to Create Company Policy for Sustainability
Borrowing for Your Business: Financial and Tax Implications
As many small businesses struggle to survive the pandemic, loans have become a lifeline. If you need money and are able to borrow it, be sure to … Read more about Borrowing for Your Business: Financial and Tax Implications
The Right Way to Run an Accountable Plan
An accountable plan is an arrangement between employers and employees where the company reimburses employees for specified business expenses. If done … Read more about The Right Way to Run an Accountable Plan
Stress-Busting Strategies for You and Your Staff in the Age of Pandemic
Stress in the workplace isn’t new. The subject was addressed in an earlier blog. However, according to Met Life, two of every three employees report … Read more about Stress-Busting Strategies for You and Your Staff in the Age of Pandemic
What a Cafeteria Plan Can Do for Your Business
A cafeteria plan is a type of benefits plan that allows employees to choose their employee benefits. This is especially helpful where working couples … Read more about What a Cafeteria Plan Can Do for Your Business
Preparing for Economic Changes: Revamping Your Human Resources Policies
It’s an understatement that, to quote Bob Dylan, “the times they are a-changin’.” Within the past year or so, there has been the pandemic, Black Lives … Read more about Preparing for Economic Changes: Revamping Your Human Resources Policies
Legalese You Better Know Because of COVID-19
Legal terminology is bantered about among lawyers, but business owners should be aware of certain legal terms and how they may affect a company’s … Read more about Legalese You Better Know Because of COVID-19
Aborted Business Activities: Tax Results of Failure
You may give it “the old college try” but fail. Not all ideas work out well. Not every effort succeeds. During this pandemic, unfortunately there are … Read more about Aborted Business Activities: Tax Results of Failure
A Profile of a Seniorpreneur
I’m a seniorpreneur. I’ve been running a business for longer than millennials have been alive. Obviously, I didn’t start out in business as a … Read more about A Profile of a Seniorpreneur
What Does that Government Letter Mean?
Communications from government—federal, state, or local—can be scary. Often they include language such “penalties,” “fines,” and “further action.” … Read more about What Does that Government Letter Mean?
Unanswered Business Questions for COVID-19
The number one question that businesses are asking about the pandemic is when it will end. No one has an answer. No one is even speculating about it. … Read more about Unanswered Business Questions for COVID-19
Using Early Life Lessons to Run a Successful Business
You may have read, or at least heard of Robert Fulghum’s book from the 1980s entitled All I Really Need to Know I Learned in Kindergarten: Uncommon … Read more about Using Early Life Lessons to Run a Successful Business
Providing Benefits to Part-Timers: What You Need to Know
Many small businesses rely on part-time employees to help them operate efficiently. They don’t require full-time employees, at least not for all … Read more about Providing Benefits to Part-Timers: What You Need to Know
Preparing for Economic Changes: Getting Help for Getting Through
The economy consistently changes. Sure, the current pandemic has created unprecedented challenges and an economic downturn for many businesses. At the … Read more about Preparing for Economic Changes: Getting Help for Getting Through