Since the advent of the Affordable Care Act, small businesses have scrambled to find ways to make sure their employees have health coverage. Many have … Read more about Health Insurance Reimbursements: What You Can and Cannot Do
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
Thanksgiving: Why I’m Grateful to be a Small Business Owner
Last week was Global Entrepreneurship Week, a worldwide celebration of entrepreneurship in which 160 countries participated. It was an opportunity to … Read more about Thanksgiving: Why I’m Grateful to be a Small Business Owner
Health Care Confusion for Small Businesses
The Affordable Care Act, or ACA, also known as Obamacare, was intended to bring down the cost of coverage for small businesses and encourage them to … Read more about Health Care Confusion for Small Businesses
Apprenticeships: Can They Work for Your Business?
Ball clubs have farm teams that they use to develop talent. Small businesses can do the same with apprenticeships to cultivate well-trained … Read more about Apprenticeships: Can They Work for Your Business?
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?
Remember Our Veterans
Veterans Day is November 11, a day to remember all of our veterans. It is a federal holiday, and there are parades and celebrations in many localities … Read more about Remember Our Veterans
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
Special Tax Concerns for Cash Businesses
Many small businesses do some or all of their transactions in cash. This raises some special issues and concerns. Technically, being paid in cash … Read more about Special Tax Concerns for Cash Businesses
J.K. Lasser’s Small Business Taxes 2016
This is my perennial tax book. I know it’s not a page turner like The Survivor (currently #1 on the New York Times best seller list) or Life and Other … Read more about J.K. Lasser’s Small Business Taxes 2016
Employees Are Your Greatest Asset
Some companies look upon their staff as an expense, with costs that must be met for wages, benefits, and employment taxes. These companies don’t … Read more about Employees Are Your Greatest Asset
Accounting for T&E Expenses
Most small businesses incur travel and entertainment costs. They travel to see vendors, attend trade shows, and meet with customers and clients. If … Read more about Accounting for T&E Expenses
