In the past several years, business owners have grown accustomed to adapting to many changes in tax rules. Some new rules have been temporary in … Read more about Some Tax Issues Never Change
Avoid the 5 Things that Drive Employees Out the Door
With the “Great Resignation,” in which 4.2 million employees quit their jobs in just October 2021, small business owners need to be smart about … Read more about Avoid the 5 Things that Drive Employees Out the Door
What’s a Registered Agent and Do You Need One?
If your business is a corporation—whether a regular C corporation or an S corporation—you may want or need to use a registered agent. The same is true … Read more about What’s a Registered Agent and Do You Need One?
The Latest Tax Statistics on Partnerships and LLCs
A partnership is not taxpaying entity, but files an annual tax return, Form 1065, to report income, deductions, and other items. These items pass … Read more about The Latest Tax Statistics on Partnerships and LLCs
What You Can Do About Inflation
There’s no getting around it…high inflation is having an impact on small businesses. The historic average rate of inflation is between 2% and 3%. … Read more about What You Can Do About Inflation
5 Things to Do Before the End of the Year
The year is winding down, but there are still some actions you must or should take now to complete necessary matters and get set for the coming new … Read more about 5 Things to Do Before the End of the Year
Veterans as Entrepreneurs
November 11 is Veterans Day and November 1 through 5, 2021, was National Veterans Small Business Week. According to the SBA, veterans own 6.6% of … Read more about Veterans as Entrepreneurs
Disconnecting from Work
With more employees continuing to work from home, the lines between work and personal hours can easily become blurred. Business calls, texts, and … Read more about Disconnecting from Work
Inspirational Quotations: Why They Matter
If you are a regular reader of my blogs, you’ll often find a famous quotation. I include them because they express something better than I can. … Read more about Inspirational Quotations: Why They Matter
10 Ideas for Re-Energizing Yourself and Your Staff
As the challenges of the pandemic continue and the hours of daylight get shorter, it’s understandable that you and your employees may feel fatigued, … Read more about 10 Ideas for Re-Energizing Yourself and Your Staff
Getting a Rebate from Medical Loss Ratios
Usually, health insurance premiums are a one-way street; you pay them to the insurance company. But the insurance company may pay you—because of the … Read more about Getting a Rebate from Medical Loss Ratios
Addressing the Risks of a Remote Workforce
When the pandemic began, remote work arrangements were the only option for some companies to stay in business. Now, remote work arrangements—full-time … Read more about Addressing the Risks of a Remote Workforce
Handling Disaster Losses from a Tax and Financial Perspective
September 2021 saw unprecedented destruction due to wildfires in California as well as Hurricane Ida—which cut a path of tornados and flooding up … Read more about Handling Disaster Losses from a Tax and Financial Perspective
Clocking In: New Realities
The time clock, which has enabled employers to verify the time employees start and leave the job, was invented in 1888 by Willard Bundy, a jeweler who … Read more about Clocking In: New Realities
Prepare for Disasters and Emergencies
September is National Preparedness Month, an observance created by the Department of Homeland Security. This year’s theme: "Prepare to Protect. … Read more about Prepare for Disasters and Emergencies