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Unraveling Conflicting Tax Rules for Active versus Passive Business Owners
It is commonly accepted wisdom that tax rules are complicated. This belief is well supported by the conflicting tax rules that apply to business owners, ... -
Figuring Your Estimated Taxes
Business owners who are self-employed usually pay their taxes in four estimated tax payments for the year. The final installment for 2018 is due on ... -
New Year’s Resolutions from the Experts
According to History.com, the concept of New Year’s resolutions dates back about 4,000 years to the Babylonians who recorded their resolutions during a religious festival ... -
7 Deadly Sins for Small Business Owners
Pride, envy, gluttony, lust, anger, greed, sloth ... the 7 deadly sins that the Catholic Church warned against in the middle ages. It’s easy to ... -
Growing Fast: Risks and Rewards for Small Business Owners
It’s axiomatic that business owners want their companies to grow, and for many that’s exactly what’s happening in this economy. The rewards of growth mean ... -
A Bad Apple in Your Business?
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Thoughts on Labor Day
Follow @BarbaraWeltman This year Labor Day in the U.S. falls on September 7. It is a federal holiday created in 1894 in response to unions’ ... -
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 Willard Bundy, ... -
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 ... -
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 improved between 2012 and 2013; ...
