The world first heard about the coronavirus a month ago. Yet it has intruded on many aspects of life and certainly has a negative economic effect. … Read more about Preparing for Economic Changes: Meeting the Challenges from the Coronavirus
Employee Stock Ownership Plans Are a Win-Win
There are two important challenges that every small business owner should know. One: According to the Workest, retaining good employees is a very … Read more about Employee Stock Ownership Plans Are a Win-Win
Wage Withholding: Mandatory and Voluntary Reasons
As an employer, you are required to withhold from an employee’s paycheck federal (and where applicable, state) income taxes, as well as the employee’s … Read more about Wage Withholding: Mandatory and Voluntary Reasons
Valentine’s Day in the Workplace: Do’s and Don’ts
Each year, February 14 presents a challenge for business owners. How much celebrating should be encouraged or barred? What dating policies are … Read more about Valentine’s Day in the Workplace: Do’s and Don’ts
Preparing for Economic Changes: Making Strategic Plans
Is the economy getting better or are we in for some serious problems? You can watch trends and listen to economists, but these aren’t all the answers … Read more about Preparing for Economic Changes: Making Strategic Plans
How to Help Employees with Student Loan Debt
Estimates put the outstanding amount of student loan debt for about 45 million people in the U.S. at over $1.5 trillion. Many of those facing high … Read more about How to Help Employees with Student Loan Debt
Supplement to J.K. Lasser’s Small Business Taxes 2020
The tax law is not static. Since the publication of this book, Congress has enacted a massive spending measure—the Further Consolidated Appropriations … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2020
Coronavirus: What It Means to Your Business
Pandemics—the worldwide spread of a new disease—have had profound effects on society and, as a result, on business. The current coronavirus is … Read more about Coronavirus: What It Means to Your Business
5 Surprising Tax Rules Every Business Should Know
When you’re in business, you kind of assume that all of your expenses are fully deductible. But this assumption is wrong. The tax law imposes various … Read more about 5 Surprising Tax Rules Every Business Should Know
USMCA and Small Business
On January 16, 2020, the Senate passed the United States, Mexico, and Canada Agreement (USMCA), which the President signed into law on January 29, … Read more about USMCA and Small Business
The New Joint Employer Rule: What It Means to Your Company and Your Employees
The U.S. Department of Labor has issued a final rule on joint employers for purposes of the Fair Labor Standards Act (FLSA). Under this rule, which … Read more about The New Joint Employer Rule: What It Means to Your Company and Your Employees
5 Ways to Reduce Employee Stress
According to the American Institute of Stress, 80% of workers feel stress on the job. This stress causes problems for both the employee and the … Read more about 5 Ways to Reduce Employee Stress
Figuring Your Estimated Taxes for 2020
Business owners who are self-employed usually pay their taxes in four estimated tax payments for the year. The final installment for 2019 is due on … Read more about Figuring Your Estimated Taxes for 2020
Flu Season and the Workplace
According to one scholarly paper, which examined the effects of employment on influenza rates, “the spread of the influenza virus is linked with … Read more about Flu Season and the Workplace
Adapting Your Retirement Plan to the SECURE Act
There are many new rules for qualified retirement plans and IRAs that impact your business in the coming years. These new rules are contained in the … Read more about Adapting Your Retirement Plan to the SECURE Act