Follow @BarbaraWeltman As a business owner, you face various tax filing requirements. Different dates apply for different tax forms. While the dates … Read more about Get Ready for Changes in Filing Deadlines and Extensions
Professional Employer Organizations: New IRS Certification Program
Follow @BarbaraWeltman So we all know that being an employer entails many tax and legal obligations. These include figuring and paying employment … Read more about Professional Employer Organizations: New IRS Certification Program
Tax Deduction with No Cash Outlay?
Follow @BarbaraWeltman That’s right! Usually you get a tax deduction only if you spend money on something for your business. But under a special rule … Read more about Tax Deduction with No Cash Outlay?
Time Cards for Owners?
Follow @BarbaraWeltman The time clock, which enables employers to verify the time employees start and leave the job, was invented in 1888 by … Read more about Time Cards for Owners?
Any Chance of Regulatory Relief?
Follow @BarbaraWeltman We all know the burden that government-mandated paperwork and red tape puts on small businesses. (If you don’t, just check … Read more about Any Chance of Regulatory Relief?
Writing Off Certain Costs the Easy Way
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
Higher Penalties for IRS Information Return Failures
Follow @BarbaraWeltman “We can lick gravity, but sometimes the paperwork is overwhelming,” said Wernher von Braun (father of the U.S. space … Read more about Higher Penalties for IRS Information Return Failures
After the Supreme Court Decision on Obamacare
Follow @BarbaraWeltman On June 25, 2015, the U.S. Supreme Court upheld the Administration’s view about the Affordable Care Act (“Obamacare”) that … Read more about After the Supreme Court Decision on Obamacare
Smart Ideas for Old Smart Phones
Follow @BarbaraWeltman Upgrading to newer smart phones periodically can help boost productivity for you and your staff. The majority of Americans do … Read more about Smart Ideas for Old Smart Phones
News from the Supreme Court
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