Pivoting is defined as turning or twisting. In a business context, it means changing direction. And that’s just what businesses have done or are doing … Read more about How to Pivot During the Pandemic
Learn this Lesson: Deposit Employment Taxes or Else
A key responsibility of being an employer is handling payroll taxes. These are comprised of figuring income tax withholding from employees’ paychecks … Read more about Learn this Lesson: Deposit Employment Taxes or Else
High-Tech and Low-Tech Tools for Businesses During COVID-19
Whether your bricks-and-mortar office or store has already reopened or is planning to, be sure to use the technology available to keep everyone—your … Read more about High-Tech and Low-Tech Tools for Businesses During COVID-19
Profile of Small Business in 2020
The SBA’s Office of Advocacy has profiles of each state’s small businesses. The profiles report on the number of small businesses in each state, the … Read more about Profile of Small Business in 2020
Taxes in 2020: The Year That Never Was
This year will forever be remembered for the pandemic and what it’s done to the lives and livelihoods of so many people. From a tax perspective, … Read more about Taxes in 2020: The Year That Never Was
Closing the Books on Q2: 12 Things to Check
June 30th marks the mid-point of the calendar year and typically is a time to reflect on business thus far and what can be expected for the remainder … Read more about Closing the Books on Q2: 12 Things to Check
Nondiscrimination in Your Workplace
The benefits of diversity in staffing have long been recognized, from improved productivity and creativity to increased profits. With that said, there … Read more about Nondiscrimination in Your Workplace
Can Small Businesses Make a Come Back?
Thousands of small businesses have been seriously impacted by the pandemic. It’s been reported that more than 100,000 small businesses closed … Read more about Can Small Businesses Make a Come Back?
Preparing for Economic Changes: Re-Budgeting for Reopening
It’s a good business practice to set a budget before the start of the year and then regularly review it. Doing this allows you to adapt your business … Read more about Preparing for Economic Changes: Re-Budgeting for Reopening
Your Insurance Audit
Most insurance policies run annually, and many business owners automatically renew their coverage without reviewing what is and is not covered. Now is … Read more about Your Insurance Audit
Sole Proprietorships: Number and Revenue Continue to Increase
Each year the IRS releases statistics on various types of business entities, and most recently it released the latest statistics on sole … Read more about Sole Proprietorships: Number and Revenue Continue to Increase
Favorable Changes to PPP Loans
On June 3, the Senate by unanimous consent approved the Paycheck Protection Flexibility Act of 2020 that the House passed on May 28, 2020, with a vote … Read more about Favorable Changes to PPP Loans
Changes Coming to Women-Owned Business Certification
If you are a woman-owned business, meaning at least 51% is owned by one or more women who are U.S. citizens eligible to participate, you can obtain … Read more about Changes Coming to Women-Owned Business Certification
Is Bankruptcy Your Way Out? Alternatives to Consider
Bankruptcy is a legal process in which a federal court oversees a debtor’s settlements with creditors. Depending on the type of bankruptcy, a business … Read more about Is Bankruptcy Your Way Out? Alternatives to Consider
5 Reasons Why Now Is a Great Time to Start a Business
Yes, we’re in a recession. Yes, we’re still under COVID-related restrictions on how businesses must operate. But despite these negative concerns, … Read more about 5 Reasons Why Now Is a Great Time to Start a Business
