In early July the IRS urged tax return preparers to protect client information. However, this urging should not be limited to preparers; it really … Read more about What You Can Do to Protect Client and Customer Data
Worker Misclassification: How to Beat the IRS
One of the hottest issues with the IRS continues to be worker classification. Businesses may treat workers as independent contractors while the IRS … Read more about Worker Misclassification: How to Beat the IRS
What’s Your ‘ACA’ Number?
The Affordable Care Act (ACA) imposes responsibilities on certain employers. It also offers a tax break to certain employers. Who these employers … Read more about What’s Your ‘ACA’ Number?
10 Myths about Overtime Rules
Under the federal Fair Labor Standards Act (FSLA), you are required to pay time and a half to most types of employees who work overtime. A final rule … Read more about 10 Myths about Overtime Rules
Rebounding from a Disaster of a Different Kind
With the hurricane season underway, it’s a good time to think about being prepared for storms that can disrupt your business, as I discussed earlier. … Read more about Rebounding from a Disaster of a Different Kind
Minimum Wage Increases Are Good: Fact or Fiction?
There’s no easy answer to this question. In the course of Senator Sander’s presidential bid, the call for a $15 minimum wage rate was loud and clear. … Read more about Minimum Wage Increases Are Good: Fact or Fiction?
You’ve Got Your Loan Proceeds so Now What?
Congratulations! You’ve gone through the loan process and now have the funds you wanted. Now what? What you do with the money may be entirely up to … Read more about You’ve Got Your Loan Proceeds so Now What?
Think Now about Disaster Preparedness
With the 2016 hurricane season under way until November 1, now’s a good time for you to review how ready your business is to face a storm or other … Read more about Think Now about Disaster Preparedness
Setting Your Workday
The big news for business of late centers around the new overtime rule that applies when workers (other than “exempt” employees) work more than 8 … Read more about Setting Your Workday
On-Demand Economy and Taxes
The U.S. Census Bureau reported several years ago that self-employed and microbusinesses (no more than 9 employees) made up over 78% of small … Read more about On-Demand Economy and Taxes
Why Should Small Business Care about Government Regulating Wall Street Compensation?
A proposed rule under the Dodd-Frank Act would require Wall Street firms with $250 billion or more in assets to defer bonuses to top executives for … Read more about Why Should Small Business Care about Government Regulating Wall Street Compensation?
Zero Capital Gains Tax on Your Company Stock?
If your business is incorporated, when you sell your stock, the gain usually is taxed at 15% or 20%, depending on your tax bracket (which is based in … Read more about Zero Capital Gains Tax on Your Company Stock?
What Is Mental Illness Costing Your Company?
May is Mental Health Month, and a time to reflect on the impact that mental disorders has on the workplace. Consider these facts: About 18% of … Read more about What Is Mental Illness Costing Your Company?
Contributing to Your Employees’ HSA
Health savings accounts or HSAs are tax-advantaged savings accounts that can be used to cover many out-of-pocket medical costs. These consumer-driven … Read more about Contributing to Your Employees’ HSA
Lower Oil Prices Isn’t Good News for Everyone
Oil prices at the pump haven’t been this low since 2003. The U.S. Energy Information Administration predicts that prices will stay low through 2017, … Read more about Lower Oil Prices Isn’t Good News for Everyone