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
Returning to the Office: What to Consider
As employees return to the office after more than a year of working from home, it’s inevitable that office rules will change. Things won’t return … Read more about Returning to the Office: What to Consider
Getting Ready Now for Health Coverage in 2022
While 2022 is still months away, it’s not too early to be thinking about health coverage for next year. While not every small business may have … Read more about Getting Ready Now for Health Coverage in 2022
Recovery Strategies: How to Resolve Contentious COVID-19-Related Matters
Joni Mitchell only looked at clouds, love, and life in her 1966 song “Both Sides Now.” In today’s post-pandemic culture, there are so many issues to … Read more about Recovery Strategies: How to Resolve Contentious COVID-19-Related Matters
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
Tax Credits Ending Soon: What to Do Now
A month from now, on September 30, 2021, a number of business tax credits end. Others are scheduled to expire at the end of the year. Of course, any … Read more about Tax Credits Ending Soon: What to Do Now
Tax Breaks for Investing in Small Corporations
During the government’s 2020 fiscal year (ending September 30, 2020), there were 1.8 million C corporations and more than 5 million S corporations. … Read more about Tax Breaks for Investing in Small Corporations
5 Big Security Improvements for Small Businesses
Cybersecurity isn’t just for big companies. While small businesses may not be as tempting targets for cybercriminals, they have comparatively more to … Read more about 5 Big Security Improvements for Small Businesses
What About Raising Your Prices Now?
Supply chain shortages. Inflation (which grew in May at an annualized rate of 5%). Higher wages to fill job openings (up in April and May at an … Read more about What About Raising Your Prices Now?
Need a Business Vehicle? Tax Considerations to Factor into Your Choices
Are you thinking about getting a car, truck, or van now? Hybrid or electric-powered vehicle? Buy or lease a vehicle? And in who’s name (the owner or … Read more about Need a Business Vehicle? Tax Considerations to Factor into Your Choices
Recovery Strategies: Staying Positive
It’s axiomatic that small business owners are optimists who, as Winston Churchill said, “see the opportunity in every difficulty.” Why else would they … Read more about Recovery Strategies: Staying Positive
Running Behind on those Updates? What You’ll Want to Know Now
The pandemic has been such a strain on many small business owners that some matters have been pushed into the “do it later” file. Now’s the time to … Read more about Running Behind on those Updates? What You’ll Want to Know Now
Golden Handcuffs: Low-Cost Employee Retention Ideas
It’s been reported that 25% of employees want to seek new employment following the pandemic and that 52% are thinking of changing the type of jobs to … Read more about Golden Handcuffs: Low-Cost Employee Retention Ideas
Plan Your Holiday Sales Strategies Now
Kiplinger forecasts that the child tax credit payments being sent to parents each month from July through December will support more consumer spending … Read more about Plan Your Holiday Sales Strategies Now