The market has been amazing for more than 8 years (since March 2009): the Dow gained more than 14,000 points and the S&P tripled. That upward … Read more about What Is Wall Street Telling Main Street?
Timing Is Everything in Business: Watch Deadlines and Statutes of Limitations
Apparently, the statement that timing is everything can be traced to the Greek poet Hesiod who said “Observe due measure, for right timing is in all … Read more about Timing Is Everything in Business: Watch Deadlines and Statutes of Limitations
S Corporations and Basis Essentials to Know
There were 4.8 million S corporation returns filed during the government’s 2016 fiscal year. There are no recent statistics on the number of … Read more about S Corporations and Basis Essentials to Know
Secrets of Your Business Credit Cards
Business owners know that they need to have credit cards exclusively for business use and that they should not charge business expenses to their … Read more about Secrets of Your Business Credit Cards
What to Do About Buddy Punching
Buddy punching isn’t physical assault among friends. Rather, it’s a practice of having one employee clock in or out on a job to falsify hours. The … Read more about What to Do About Buddy Punching
The Gig Economy and Its Impact on Your Company
There is an estimated 54 to 68 million Americans — 20% to 30% of the working population — now working “on-demand” as contractors and freelancers, … Read more about The Gig Economy and Its Impact on Your Company
Shorter Work Days to Increase Profits?
It’s counterintuitive to think that if your staff puts in fewer hours, the company will become more profitable. Nonetheless, that seems to be the … Read more about Shorter Work Days to Increase Profits?
Advancing Funds to Your Corporation: Loans or Capital Contributions?
Many small businesses depend on infusions of cash from their owners in order to meet cash flow needs or finance expansion plans. The infusions can be … Read more about Advancing Funds to Your Corporation: Loans or Capital Contributions?
Your Personal and Business Credit Scores
Large businesses rely on the credit ratings of their companies. Small businesses usually have to rely — in whole or in part — on the credit scores of … Read more about Your Personal and Business Credit Scores
4 Steps to Better Payment Processing
Selling is one thing, but getting paid is quite another. The aim for small businesses is to collect payments as quickly as possible with as little … Read more about 4 Steps to Better Payment Processing
Settling Up with the IRS
Even though audit rates are at historic lows — just 0.7% overall in the government’s 2016 fiscal year — you may be the unlucky taxpayer to fall under … Read more about Settling Up with the IRS
The Other 401(k)
401(k) plans are the most popular form of retirement for businesses. According to this data from the Employee Benefit Research Institute (EBRI), … Read more about The Other 401(k)
4 Ways Higher Interest Rates Affect Your Business
On March 15, 2017, the Federal Reserve raised interest rates for short-term borrowing by a quarter of a percent (0.25%). This is called the fed funds … Read more about 4 Ways Higher Interest Rates Affect Your Business
No-Cost and Low-Cost Retirement Plans for Small Businesses
About half of all employees in the U.S. are not confident in having enough resources in retirement, according to a survey last year. Yet millions of … Read more about No-Cost and Low-Cost Retirement Plans for Small Businesses
Vendor Financing for Equipment Purchases
If you need new equipment, whether large or small, determine whether you can afford it. Not buying equipment can cost you dearly in lost … Read more about Vendor Financing for Equipment Purchases