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
Get Cash Now: 3 Good Options
“Get cash now” is the tag line in an ad offering cash to someone with a structured settlement. It’s also the battle cry for small businesses trying to … Read more about Get Cash Now: 3 Good Options
Preparing for Economic Changes: Post-Pandemic Business Picture
In a post-pandemic world, business is not as usual. Many things have already changed, and many more changes are poised to occur. As Aldous Huxley … Read more about Preparing for Economic Changes: Post-Pandemic Business Picture
The CARES Act: What’s in It for You
This blog is solely focused on what the CARES Act provides for small businesses. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, … Read more about The CARES Act: What’s in It for You
Summer Internships: What to Do Now
The Covid-19 has turned everything upside down. Usually, at this time of the year, businesses are planning on hiring summer interns. Should you do … Read more about Summer Internships: What to Do Now
More Coronavirus-Related Tax Relief: Q and A
As the COVID-19 pandemic continues, so, too, do the actions of Congress to help on the economic front. The previous blog covered IRS relief … Read more about More Coronavirus-Related Tax Relief: Q and A
IRS-Provided Tax Relief Related to the Coronavirus
ALERT: Updated as of April 10, 2020 -- see IR-2020-66 at IRS.gov In an ongoing series of moves, the IRS and Congress are working to create tax … Read more about IRS-Provided Tax Relief Related to the Coronavirus
Setting Up a Home Office
Working from home—full time or occasionally—has become the norm for many business owners. It’s been my norm for more than 35 years. And with the … Read more about Setting Up a Home Office
Women-Owned Businesses 2020
This is Women’s History Month, which is a great time to consider the impact of women in businesses. According to the 3rd Mastercard Index of Women … Read more about Women-Owned Businesses 2020
5 Other Tax Actions Prompted by Filing Your Return
NOTE: The due dates have been updated since the original publishing date. The April 15 due date for individuals and corporations is now July 15, 2020. … Read more about 5 Other Tax Actions Prompted by Filing Your Return
