The Tax Cuts and Jobs Act dramatically increased the dollar limit on first-year expensing (the Section 179 deduction) for the purchase of equipment … Read more about When ‘NOT’ to Elect First-Year Expensing
Your 2019 Budget
Now that we’re in the fourth quarter of 2018, it’s time to nail down your budget for the coming year. Be sure to consider the following … Read more about Your 2019 Budget
How Does Your State Measure Up Taxwise?
The Tax Foundation released its 2019 State Business Tax Climate Index. The index explores these state-level taxes: state income tax, unemployment … Read more about How Does Your State Measure Up Taxwise?
Colors Count—Make Yours Fit Your Business
Some colors have become synonymous with certain big companies: red is part of CocaCola’s brand, IBM is “Big Blue,” and McDonalds is identified by the … Read more about Colors Count—Make Yours Fit Your Business
Deducting Business Meals
The Tax Cuts and Jobs Act eliminated any deduction for entertainment costs, so taking a customer to a ballgame or an associate to the theater is not … Read more about Deducting Business Meals
Challenges and Rewards of Having an Intergenerational Staff
In today’s workplace, you’re likely to have employees of all ages. They fall into different generations. They have different experiences and skills. … Read more about Challenges and Rewards of Having an Intergenerational Staff
Payment Card Security Revisited
Nearly half of all data breaches are aimed at small businesses and occur through the acceptance of credit cards. Last year we posted a blog on this … Read more about Payment Card Security Revisited
Helping Employees with Student Loan Debt
One of the biggest financial challenges facing many employees these days is student loan debt. It may be millennials with their own loans, or it may … Read more about Helping Employees with Student Loan Debt
Estee Lauder, Inspirational Entrepreneur
One hundred and ten years ago, a girl was born in Queens, New York, and grew up there, like me. She would go on to found, with her husband Joseph … Read more about Estee Lauder, Inspirational Entrepreneur
7 Deadly Sins for Small Business Owners
Pride, envy, gluttony, lust, anger, greed, sloth ... the 7 deadly sins that the Catholic Church warned against in the middle ages. It’s easy to see … Read more about 7 Deadly Sins for Small Business Owners
Why Employees’ Opinions Matter and How to Get Feedback
With unemployment at historic lows, the job market now is tight. It’s so tight that the NFIB August 2018 report found that a quarter of all small … Read more about Why Employees’ Opinions Matter and How to Get Feedback
Profile of Nonemployer Businesses
Small businesses fall into two categories: those with employees and those without employees. The SBA’s Office of Advocacy has released … Read more about Profile of Nonemployer Businesses
Lessons from September 11th
It’s been 17 years since terrorists drove planes into the Twin Towers and the Pentagon. The devastation to the lives of families of those who died, … Read more about Lessons from September 11th
Do You Have a Will?
Music legend Aretha Franklin died in August at the age of 76 but didn’t leave a will. The same is true for Prince, who died in 2016. Do you have … Read more about Do You Have a Will?
Ideas for End of Summer Planning
While summer doesn’t officially end until September 22, the end of August and the Labor Day weekend make it feel like summer is over. Now is a great … Read more about Ideas for End of Summer Planning
