The pandemic has squeezed the resources of many businesses, forcing them to review their budgets and make cutbacks. Nonetheless, they must continue to … Read more about Using Software to Help You Make Do with Less
Preparing for Economic Changes: Forbearance, Deferral, and Forgiveness
The worst of the COVID-19 virus may be behind us from a medical perspective, but economically the pain has just begun. Some states are slowly, very … Read more about Preparing for Economic Changes: Forbearance, Deferral, and Forgiveness
Practical Ideas for Changing Business Operations in a Post-COVID-19 World
Business as we knew it before COVID-19 will never be the same. Many things are changing in order for companies to operate safely…for their employees … Read more about Practical Ideas for Changing Business Operations in a Post-COVID-19 World
Working from Home Due to COVID-19: Tax Implications
If you are self-employed and conduct business from home, you may be eligible to take a home office deduction. There are strict tax rules governing … Read more about Working from Home Due to COVID-19: Tax Implications
5 COVID-19-Related Questions for Your 401(k) Plan
In response to statistics showing that only 53% of workers at companies with fewer than 100 employees were able to participate in a qualified … Read more about 5 COVID-19-Related Questions for Your 401(k) Plan
Mother’s Day 2020: Unlike Any Other
The second Sunday of May is the annual celebration of Mother’s Day. This year, because of stay-at-home orders, mothers with school-age children … Read more about Mother’s Day 2020: Unlike Any Other
Better Concentration: What Works for You?
With so many people currently working from home, focusing on work can be problematic. It’s important to be able to concentrate on work when it needs … Read more about Better Concentration: What Works for You?
Paying Promptly: Aren’t We Legally and Morally Obligated?
Just about everyone—individuals and businesses—is struggling with cash flow. They just don’t have money on hand, which means it’s difficult if not … Read more about Paying Promptly: Aren’t We Legally and Morally Obligated?
Protecting Your Brand During COVID-19
The pandemic has been devastating to small businesses across the U.S. Main Street America reports that nearly 7.5 million small businesses are at risk … Read more about Protecting Your Brand During COVID-19
How to Compassionately and Legally Break Promises to Your Staff
At the end of February 2020, the federal unemployment rate was 3.5%. At that time, business owners were looking for ways to attract and retain valued … Read more about How to Compassionately and Legally Break Promises to Your Staff
COVID-19 and Small Businesses: 5 Big Surprises
In just a couple of months, the small business landscape has dramatically changed, in some instances forever. The medical impact of COVID-19 continues … Read more about COVID-19 and Small Businesses: 5 Big Surprises
What to Know about Tax Losses Due to COVID-19
Many small businesses likely will have losses for 2020. After the COVID-19 subsides, there may be some bounce back in business, but it probably won’t … Read more about What to Know about Tax Losses Due to COVID-19
Additional Supplement for Coronavirus-Related Tax Changes
Additional Supplement to J.K. Lasser’s Your Income Tax 2020; J.K. Lasser’s Small Business Taxes 2020; and J.K. Lasser’s 1001 Deductions and Tax Breaks … Read more about Additional Supplement for Coronavirus-Related Tax Changes
Notes from a Mom with a Home-Based Business
Today, due to COVID-19, millions of parents are forced to work from home. At the same time, schools are closed and children are at home, too. Many … Read more about Notes from a Mom with a Home-Based Business
4 Steps to a Paycheck Protection Program Loan
The Paycheck Protection Program (PPP) allows small businesses to obtain loans that can be forgiven on a tax-free basis. There’s been tremendous … Read more about 4 Steps to a Paycheck Protection Program Loan