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
Impact of New Fiduciary Rule on Your Retirement Plan
On April 8, 2016, the Department of Labor (DOL) issued the long-awaited final rule for stockbrokers. The rule — referred to as the fiduciary rule — … Read more about Impact of New Fiduciary Rule on Your Retirement Plan
4 Asset Protection Strategies for Small Business Owners
It’s no secret that small businesses are targets for lawsuits. According to NFIB, tort liability (e.g., accidents on premises, discrimination claims … Read more about 4 Asset Protection Strategies for Small Business Owners
Retirement Accounts and the Unrelated Business Income Tax
It’s perfectly legal for IRAs or 401(k)s to own your business. (I wrote a lengthy piece about this for the SBA). Those who put the ownership of … Read more about Retirement Accounts and the Unrelated Business Income Tax
Women-Owned Small Businesses and Federal Contracting
With March being Women’s History Month, it’s an appropriate time to review what’s going on with women-owned small businesses and federal contracting. … Read more about Women-Owned Small Businesses and Federal Contracting
Is Your Business Your Personal Pocketbook?
One of the first pieces of advice I give to those just starting a business is to separate your personal and business finances. Set up a separate … Read more about Is Your Business Your Personal Pocketbook?
White-Collar Crime and Your Business
White-collar crime usually refers to any crimes that occur in the workplace, including employee theft and embezzlement (also referred to as … Read more about White-Collar Crime and Your Business
Employers on the Cusp of Being Large: What to Do Now for ACA
Are you an applicable large employer (ALE) subject to the employer mandate under the Affordable Care Act (ACA)? If you have 10 employees, you know … Read more about Employers on the Cusp of Being Large: What to Do Now for ACA
Mileage Tracking for Greater Tax Savings
Likely you’ve already amassed the records needed for tax return preparation this year. Perhaps you’ve seen that there have been missed opportunities … Read more about Mileage Tracking for Greater Tax Savings
SEPs: IRA-Based Retirement Plans that Aren’t IRAs
As qualified retirement plans go, a SEP, which stands for Simplified Employee Pension, has a lot going for it. You can save substantial sums and take … Read more about SEPs: IRA-Based Retirement Plans that Aren’t IRAs
What the President’s Budget Proposals Mean for Small Businesses
Last week the President released his proposals for the government’s 2017 fiscal year. The budget includes new spending as well as new revenue ideas. … Read more about What the President’s Budget Proposals Mean for Small Businesses
What Perks Do You Offer?
A survey by Glassdoor looked at 50 fringe benefits offers by employers and found some surprising, as well as not so surprising, results. The big … Read more about What Perks Do You Offer?
Estate Planning for Your Business: Don’t Delay
According to a Kent State’s Succession Planning Workshop in 2012, more than 70% of privately-owned businesses will change hands within the next two … Read more about Estate Planning for Your Business: Don’t Delay
