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
Preparing for Economic Changes: Staying Alert
“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” - Jimmy Dean. No one knows how the economy … Read more about Preparing for Economic Changes: Staying Alert
10 New Year’s Resolutions
While few keep them, it doesn’t stop us from making them every year. Here are my 10 favorites for business owners. (This is an expanded version of an … Read more about 10 New Year’s Resolutions
J.K. Lasser’s Guide to Self-Employment Second Edition
The number of self-employed individuals is growing substantially. FreshBooks’ Women in the Independent Workforce, 2nd annual report says that … Read more about J.K. Lasser’s Guide to Self-Employment Second Edition
4 Ways Employers Can Be More Socially Responsible
How important is it for a company to be socially responsible? Very important. It’s been shown that corporate social responsibility (CSR) increases … Read more about 4 Ways Employers Can Be More Socially Responsible
Get Ready for Federal, State, and Local Changes in 2020
To paraphrase Bob Dylan, the rules are a-changin’ and businesses should prepare for new government rules and regulations. Here are some things to look … Read more about Get Ready for Federal, State, and Local Changes in 2020
Developing Leadership Qualities: Optimism
Over the past year, we’ve focused on various leadership qualities, including taking responsibility, exercising patience, and having grit. This blog is … Read more about Developing Leadership Qualities: Optimism
When, Why, and How to Hold Your Annual Board Meeting
Annual board meeting requirement One of the requirements for corporations in most states is to have an annual board meeting. Typically, these are … Read more about When, Why, and How to Hold Your Annual Board Meeting
J.K. Lasser’s Small Business Taxes 2020
The 2020 Edition Book Review For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and their … Read more about J.K. Lasser’s Small Business Taxes 2020
