Can you believe that half of 2023 is over? The first half of the year has been a rocky one economically speaking. There were several interest rate … Read more about Mid-Year Tax Planning for Your Business
Sole Proprietorships Statistics: A Mixed Bag
Numbers can paint a picture and recently released IRS statistics on sole proprietorships certainly do so. These stats are derived from Schedule C of … Read more about Sole Proprietorships Statistics: A Mixed Bag
Recession-Proofing Your Business: Plans B and C
It’s common knowledge that having a business plan is helpful, if not essential, in running a successful business. But savvy business owners know that … Read more about Recession-Proofing Your Business: Plans B and C
Additional Medicare Taxes on Business Owners
Business owners pay Medicare taxes on their salaries while those who are self-employed pay Medicare tax on their net earnings from self-employment. … Read more about Additional Medicare Taxes on Business Owners
5 Business Lessons I Learned from My Dad
Father’s Day is a few days away and this day reminds me of the business lessons I learned from my dad at the dinner table each day while I was growing … Read more about 5 Business Lessons I Learned from My Dad
Small Biz Congressional Measures to Watch and What to Do
There’s tremendous partisanship reported regularly in the media. But in actuality, there’s considerable bipartisan action going on. Small business … Read more about Small Biz Congressional Measures to Watch and What to Do
Improving Productivity and Organization Within Your Small Business
Times are tough right now for small businesses. With the effects of the pandemic still lingering, along with the current cost of living crisis, … Read more about Improving Productivity and Organization Within Your Small Business
Leave Time Requirements or Options for Your Staff
Business owners may be surprised to learn they aren’t universally required by federal law to provide any paid time off…no paid vacation days, sick … Read more about Leave Time Requirements or Options for Your Staff
Lessons for Small Business Owners from Poor Richard’s Almanack
Published annually by Benjamin Franklin from 1732 to 1758, Poor Richard’s Almanack was a compendium of weather predictions, advice, poems and stories, … Read more about Lessons for Small Business Owners from Poor Richard’s Almanack
Strategies for Handling the Little Expenses
With inflation still prevalent, those nickels and dimes, or $5 and $10 expenses, may not seem so important. But they can add up. Just $10 a month is … Read more about Strategies for Handling the Little Expenses
Tax Credit Transfers: What, How, When?
For many years, states have allowed taxpayers to transfer certain tax credits, effectively selling a tax break for cash. Now, federal tax law offers a … Read more about Tax Credit Transfers: What, How, When?
How Does Voluntary Wage Withholding Help Employees?
PwC’s 2023 Employee Financial Wellness Survey found that 57% of employees think finances are the top stress in their lives. They worry that the cost … Read more about How Does Voluntary Wage Withholding Help Employees?
Recession Proofing Your Business: Understanding Staffing Management
The April 2023 Jobs Report released by the BLS in early May showed an unexpected hike in job creation. Perhaps your business contributed to this … Read more about Recession Proofing Your Business: Understanding Staffing Management
One Retirement Plan and 5 Tax Credits
A qualified retirement plan is an important employee benefit to attract and retain valued workers. According to Vestwell 2023 Retirement Trends … Read more about One Retirement Plan and 5 Tax Credits
What Are Your Sentiments about AI?
Artificial intelligence or AI, a term coined in 1956, is in the headlines every day. It’s been touted as the best thing to come along and the worst … Read more about What Are Your Sentiments about AI?
