Follow @BarbaraWeltman Each year the Supreme Court weighs in on only a limited number of cases. Two cases this year are of interest to small … Read more about News from the Supreme Court
How Many Employees Do You Have?
Follow @BarbaraWeltman Under the Affordable Care Act, you can’t rely on a head count. You need to determine an average each month throughout the … Read more about How Many Employees Do You Have?
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 NOT to Do When It Comes to Taxes
Follow @BarbaraWeltman A recent Tax Court decision highlighted all of the things that business owners shouldn’t do if they want to stay out of … Read more about What NOT to Do When It Comes to Taxes
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
Charitable Giving that Gives Back
As a small business owner with limited time and resources you can still find ways to support your favorite causes and reap personal, tax, and business … Read more about Charitable Giving that Gives Back
Gimme More Regulations!
Follow @BarbaraWeltman I can’t believe I’m saying this, especially since the federal government is issuing regulations at the rate of about 10 each … Read more about Gimme More Regulations!
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
Are Automatic Enrollment 401(k)s for You?
Small business owners may be reluctant to offer a qualified retirement plan because of concerns about cost, liability, and hassle. However, failing to … Read more about Are Automatic Enrollment 401(k)s for You?
Why You Need to Stay in Your State’s Good Graces
Follow @BarbaraWeltman Corporations and limited liability companies (LLCs) are creatures of state law. While entity choices may have federal tax … Read more about Why You Need to Stay in Your State’s Good Graces
How to Figure Your Estimated Taxes
Follow @BarbaraWeltman If you’re self-employed, there’s no tax withholding from your business earnings you can use to meet your tax obligation. … Read more about How to Figure Your Estimated Taxes
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
Sole Proprietorships: A Tax Perspective
Follow @BarbaraWeltman IRS statistics help to paint a picture of sole proprietorships in the U.S. and makes for interesting reading. Following a … Read more about Sole Proprietorships: A Tax Perspective
Should Small Business Saturday Be a Tax Holiday?
Follow @BarbaraWeltman Small Business Saturday® (SBS), which is the first Saturday after Thanksgiving, was established by American Express OPEN in … Read more about Should Small Business Saturday Be a Tax Holiday?
Buy or Lease Your Next Business Vehicle
Last year was the best year for the automotive industry since 2005, with more than 16.4 million vehicles sold. This year is expected to be even … Read more about Buy or Lease Your Next Business Vehicle