"Under Budget, Ahead of Schedule" were the words that President Trump said at the opening of Trump International Hotel in Washington D.C. this past … Read more about Under Budget, Ahead of Schedule
Earned Income Tax Credit and Your Business
There’s a perception that the earned income tax credit (EITC) is a giveaway and it is only for the working poor. January 27, 2017, is EITC Awareness … Read more about Earned Income Tax Credit and Your Business
5 Useless Things to Stop Wasting Your Money On
CNBC had an article on this topic geared to consumers. This prompted me to consider the same topic for small business owners. Because I know how hard … Read more about 5 Useless Things to Stop Wasting Your Money On
Tax Safe Harbors for Small Businesses
There are a number of so-called safe harbors that businesses can use to simplify their tax lives. Unfortunately, understanding these safe harbors can … Read more about Tax Safe Harbors for Small Businesses
10 Ways to Borrow Money
Do you have big plans for 2017, such as starting a new line, hiring additional employees, or expanding to another location? If you need capital to … Read more about 10 Ways to Borrow Money
To Hire or Not to Hire: That Is the Question
The job market is heating up and according to a recent NFIB report, there was a 15% uptick in the number of small businesses that planned to increase … Read more about To Hire or Not to Hire: That Is the Question
10 New Year’s Resolutions for this Tax Season
While the filing deadline for your 2016 federal income tax return isn’t until April 18, 2017, it’s not too early to take measures that will make this … Read more about 10 New Year’s Resolutions for this Tax Season
A New Online Healthcare Portal for Your Small Business
It's not too late to find the health coverage you need for your small business. As a small business owner, you must know your responsibilities and … Read more about A New Online Healthcare Portal for Your Small Business
Looking Back on 2016 and Ahead to 2017
This has been quite a year for small businesses in the U.S. Much has happened, and much is anticipated in the coming year. Let’s look back on … Read more about Looking Back on 2016 and Ahead to 2017
Partnerships and LLCs from a Tax Perspective
A partnership is not a tax-paying entity, but files an annual tax return, Form 1065, to report income, deductions, and other items. These items pass … Read more about Partnerships and LLCs from a Tax Perspective
Revisiting Health Savings Accounts
With the talk of “repeal and replace” for Obamacare on the front burner, it’s essential for small business owners to understand health savings … Read more about Revisiting Health Savings Accounts
Defining Small Business for Tax Reform Purposes
“Small business owners” are part of the tax reform conversation that is underway, but what does this term mean? The Treasury’s Office of Tax Analysis … Read more about Defining Small Business for Tax Reform Purposes
The Small Business Story Behind Carrier Job Retention
On November 30, President-elect Trump announced that a deal had been reached with Carrier to retain about 1,000 jobs in its Indiana plant. The news … Read more about The Small Business Story Behind Carrier Job Retention
Planning for Year-End Bonuses
Has 2016 been a good year for your business? The time is growing short for you to address the matter of year-end bonuses. According to the 2016 … Read more about Planning for Year-End Bonuses
Holiday Giving at Work
The old expression “I gave at the office” is something to consider at this time of the year. Owners are thinking about what to give to employees, … Read more about Holiday Giving at Work