As has been our practice in the past couple of years, we’ve adopted a theme for a monthly blog. This year’s theme: Recovery strategies. When the … Read more about Recovery Strategies: 5 Issues for Long-Term Work-From-Home Policies
What’s New for Employee Benefits This Year?
The Consolidated Appropriations Act, 2021 (CAA), signed into law on December 27, 2020, changed some important rules impacting various employee … Read more about What’s New for Employee Benefits This Year?
Company Support for Working Parents: Win-Win
According to a study by Maven and Great Places to Work, companies that provide support for employees with childcare responsibilities have 5.5 times … Read more about Company Support for Working Parents: Win-Win
Not Like Last Year’s New Year’s Resolutions
2020 began on a note of high optimism for small businesses. The NFIB Small Business Economic Trends in January 2020 showed an optimism rating of … Read more about Not Like Last Year’s New Year’s Resolutions
Preparing for Economic Changes: Closing Your Books for 2020
2020 has come to an end. If you are still in business, congratulations. The statistics on small business closures are grim. Yelp found that 60% of … Read more about Preparing for Economic Changes: Closing Your Books for 2020
Consolidated Appropriations Act, 2021: What’s in It for You?
On December 27, 2020, a massive new law was signed by the President to fund the federal government through the end of fiscal year 2021 (September 30, … Read more about Consolidated Appropriations Act, 2021: What’s in It for You?
Shoplifting: 5 Actions to Address the Problem
Last year, there were over a million shoplifting cases reported, with an average of $318 lost in each incident. But these are only the cases tracked … Read more about Shoplifting: 5 Actions to Address the Problem
High-Purpose Cultures for Small Businesses
A study has shown that CEOs who emphasize culture over other success metrics will thrive. This is a great message at a time when many small … Read more about High-Purpose Cultures for Small Businesses
In D.C. It’s Out with the Old and In with the New: What it Means for Small Business
What a new administration means for small business This year’s election results mean changes…a new administration and a new Congress. What affect … Read more about In D.C. It’s Out with the Old and In with the New: What it Means for Small Business
Business Owner’s Documents Review: Estate Planning Issues
“[I]n this world, nothing is certain except death and taxes.” – Benjamin Franklin COVID-19 has resulted in nearly 290,000 deaths in the U.S. in 2020. … Read more about Business Owner’s Documents Review: Estate Planning Issues
What Does Partnership and LLC Status Mean from a Tax Statistics Perspective?
A profile of partnerships and LLCs from a tax perspective A partnership is not a taxpaying entity, but files an annual tax return, Form 1065, to … Read more about What Does Partnership and LLC Status Mean from a Tax Statistics Perspective?
Year-End Bonuses for a Year Like No Other
It’s been reported that about 66% of all businesses plan to give year-end bonuses in 2020. But is this true for small businesses? Many have closed; … Read more about Year-End Bonuses for a Year Like No Other
When Is It Time to Close a Business?
According to TrackTheRecovery.org, the number of small businesses that were open on November 16, 2020, as compared with January 1, 2020, decreased by … Read more about When Is It Time to Close a Business?
The Go-To-Tax Guide for Small Business Owners and Their Advisors
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to-tax-guide for owners and their tax advisors. The J.K. … Read more about The Go-To-Tax Guide for Small Business Owners and Their Advisors
What Is “Work Time?”
Under the Fair Labor Standards Act (FSLA), employers must compensate hourly employees for the time they work and pay time and a half for working more … Read more about What Is “Work Time?”
