Follow @BarbaraWeltman Business owners know that just about every expense translates into a tax write-off. But the when and how for a particular … Read more about Writing Off Certain Costs the Easy Way
Concierge Services for Your Staff Saves You Money?
Follow @BarbaraWeltman We all have chores and errands in our personal lives. Thinking about them, arranging them, and doing them often take time away … Read more about Concierge Services for Your Staff Saves You Money?
What I Learned about EMV Technology on My Summer Vacation
Follow @BarbaraWeltman I recently spent a week vacationing in the Canadian maritime provinces. Great trip, and a good learning experience when it … Read more about What I Learned about EMV Technology on My Summer Vacation
Number One Problem Facing Small Businesses: Big Government
Follow @BarbaraWeltman That’s what the 1,500 small business owners said in response to a survey reported in the NFIB. More specifically, 22% … Read more about Number One Problem Facing Small Businesses: Big Government
What IRS Statistics Say about Business Income
Follow @BarbaraWeltman The IRS's Statistics of Income Bulletin, Spring 2015 reports tax information for 2013. Overall it shows that the economy … Read more about What IRS Statistics Say about Business Income
Penalty Relief Deadline for Small Retirement Plans Approaching
Follow @BarbaraWeltman Small qualified retirement plans must file annual returns in the 5500 series with the U.S. Department of Labor or face … Read more about Penalty Relief Deadline for Small Retirement Plans Approaching
Another Step Forward for Crowdfunding
The JOBS Act of 2012 directed the SEC to create rules facilitating equity crowdfunding by small businesses. Essentially, this allows companies to … Read more about Another Step Forward for Crowdfunding
Quick Invoicing Increases Payment Odds
Follow @BarbaraWeltman Unless you get paid at the point of sale (POS), you have to bill for your goods or services and wait for payment. It’s my … Read more about Quick Invoicing Increases Payment Odds
Health Coverage for Your Business: Debunking 5 Myths
Businesses with fewer than 50 full-time employees are exempt from the employer mandate under the Affordable Care Act ("Obamacare"). However, even … Read more about Health Coverage for Your Business: Debunking 5 Myths
Are You Ready for EMVs?
No, this is not a brand of car or model type. EMVs, which stands for Europay, MasterCard, and Visa, is a chip-and-pin technology for credit/debit … Read more about Are You Ready for EMVs?
Partnerships and LLCs: A Tax Perspective
Follow @BarbaraWeltman As in the case of sole proprietorships, the tax statistics on partnerships (including limited liability companies that file … Read more about Partnerships and LLCs: A Tax Perspective
Be Frugal to Become More Profitable: 25 Ways to Save
Benjamin Franklin stated in Poor Richard's Alamanack that "a penny saved is a penny earned" (the original use of the phrase precedes Franklin's … Read more about Be Frugal to Become More Profitable: 25 Ways to Save
What to Do About Sec. 179 Uncertainty
Follow @BarbaraWeltman Here’s the catch-22 for businesses: in order to increase their capital good, equipment is necessary, but to get the equipment, … Read more about What to Do About Sec. 179 Uncertainty
What to Do with Savings from Declining Gas Prices: 5 Options
You've undoubtedly noticed that the price at the pump is dramatically lower (the lowest it's been since October 2010). The price drop means more money … Read more about What to Do with Savings from Declining Gas Prices: 5 Options
5 Financial and Tax Planning Things to Do Right Now
Follow @BarbaraWeltman The clock is ticking and the year is winding down. Don’t let December 31 take you by surprise. Act now to solidify your … Read more about 5 Financial and Tax Planning Things to Do Right Now
