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Year-End Bonuses for a Year Like No Other
It’s been reported that about 66% of all businesses plan to give year-end bonuses in 2020. But is this true for small businesses? Many have closed; ... -
When Is It Time to Close a Business?
According to TrackTheRecovery.org, the number of small businesses that were open on November 16, 2020, as compared with January 1, 2020, decreased by 28.9%. It’s ... -
Answers to Year-End Tax Planning Questions
On November 3, 2020, I did a SCORE LIVE webinar on Year-End Tax Planning for Your Business (you can listen to a recording). Due to ... -
Preparing for Economic Changes: Added Costs of Doing Business
Economic change can result from any number of factors. The one most prominent now is the pandemic, which caused dramatic shifts in the business landscape. ... -
5 Ways Not to Waste Your Time and Efforts
Time is a precious commodity. If you are now working remotely and saving minutes or hours each day that you don’t have to commute, it’s ... -
Payroll Tax Issues for Remote Workers
Telework was a growing practice before the pandemic. With stay-at-home orders, the number of employees working remotely skyrocketed. Even as these orders have lifted, many ... -
Business Responsibilities for Unclaimed Property
Each state has rules under which unclaimed property “escheats” to the state. This legal term means property is turned over to the state and the ... -
What to Consider Now as You Prepare Your 2021 Budget
It’s that time again...time to prepare your budget for the coming year. This is an annual chore that should not be overlooked or delayed. As ... -
Preparing for Economic Changes: What’s Trending and Why It Matters to Your Business
Think back to when you started your business and perhaps worked out a business plan. It’s likely that many things have changed since then. New ... -
Who Does Your Payroll and Why Does It Matter?
Many small businesses handle payroll in-house, but a growing number outsource this task to a third party. There are different types of payroll companies. And ...
