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
What to Do if You Can’t Pay Your Employment Taxes?
Cash is tight and you are in a quandary about whether to pay your quarterly employment taxes to the federal government or pay your supplier for … Read more about What to Do if You Can’t Pay Your Employment Taxes?
Wellness Programs for Your Small Business
The Kaiser Family Foundation reported that 83% of large employers (200 or more employees) offered wellness programs and that 46% of small businesses … Read more about Wellness Programs for Your Small Business
What to Do Now About Your 401k Plan
Many small businesses have 401(k) plans in place to help employees save for retirement. And even solo entrepreneurs may use such tax-advantaged … Read more about What to Do Now About Your 401k Plan
What Does a Trump Presidency Mean for Small Business?
Congratulations to Donald Trump, who is now the President-Elect. With the election in our rear view mirror, now’s the time to focus on the … Read more about What Does a Trump Presidency Mean for Small Business?
The Language of ACA
When then-majority leader Nancy Pelosi said “we have to pass the bill [Affordable Care Act, or ACA for short] so you can find out what is in it,” she … Read more about The Language of ACA
What to Do about Drugs in the Workplace
The numbers aren’t good. The number of employees testing positive last year has increased steadily over the last 3 years, and is up to a 10-year high, … Read more about What to Do about Drugs in the Workplace
Is it Time to Revisit Your Estate Plan?
Do you already have an estate plan? When was the last time you reviewed it? Changes in your life, your business, and the world, are all good … Read more about Is it Time to Revisit Your Estate Plan?
Getting Health Coverage for 2017
The last quarter of the year is packed with activities for a small business owner, including year-end planning and budgeting for next year. One … Read more about Getting Health Coverage for 2017
