The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 4 (S Corporations)
Higher Interest Rates and Your Business
Last December, the Federal Reserve announced that it was raising the Federal Funds Rate (the rate at which banks borrow money from each other … Read more about Higher Interest Rates and Your Business
New Tax Rules for Business — Part 3 (Research Credit)
The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 3 (Research Credit)
Breaking Up Isn’t Hard to Do When an Owner Wants Out
When you go into business with others, things don’t always work out as anticipated. Co-owners can disagree about the direction of the business and, as … Read more about Breaking Up Isn’t Hard to Do When an Owner Wants Out
New Tax Rules for Business — Part 2 (New Employees)
The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 2 (New Employees)
“Joy” — A Movie with Lessons for Entrepreneurs
The movie entitled Joy is based on the life of Joy Mangano, who developed the Miracle Mop that she marketed on QVC and went on to build a business … Read more about “Joy” — A Movie with Lessons for Entrepreneurs
Annual Meeting Reminder
If you have a corporation, be sure to hold your annual meeting before the end of the year. This is state law requirement. Understand why you want to … Read more about Annual Meeting Reminder
Shadow Workers: Consequences to All
Shadow workers, also referred to as ghost workers, are employees who work off the books. They are paid “under the table.” Companies don’t keep records … Read more about Shadow Workers: Consequences to All
Financial Recovery after a Disaster
The Atlantic hurricane season ended on November 30 without any major storm. It’s been 10 years since any big hurricane has hit Florida, and as a … Read more about Financial Recovery after a Disaster
Writing Off Tangible Property Purchases the Easy Way
Usually, when you acquire any tangible property expected to last more than a year, you must recover the cost through depreciation allowances claimed … Read more about Writing Off Tangible Property Purchases the Easy Way
“Gig Economy” and Worker Classification
Sen. Mark Warner (D-VA) is focusing attention on the new sharing economy. (An article on the sharing economy can be found in Big Ideas for Small … Read more about “Gig Economy” and Worker Classification
Equity Crowdfunding Now?
In April 2012, the JOBS Act authorized the SEC to promulgate regulations that enable businesses to raise capital from the public without going through … Read more about Equity Crowdfunding Now?
Is It Time to Make Changes in Your Business?
Albert Einstein said: “Insanity: doing the same thing over and over again and expecting different results.” Many small business owners try to grow … Read more about Is It Time to Make Changes in Your Business?
Helping Employees Save if You Don’t Offer a Retirement Plan
Many small businesses offer 401(k)s or other qualified retirement plans so that owners and employees can save for retirement on a tax-advantaged … Read more about Helping Employees Save if You Don’t Offer a Retirement Plan
Congress’ Budget Deal includes Tax Changes
The budget deal passed by Congress last week, called the Bipartisan Budget Act of 2015, funds the government for two years and extends the debt … Read more about Congress’ Budget Deal includes Tax Changes
