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Not Like Last Year’s New Year’s Resolutions
2020 began on a note of high optimism for small businesses. The NFIB Small Business Economic Trends in January 2020 showed an optimism rating of ... -
Preparing for Economic Changes: Getting Help for Getting Through
The economy consistently changes. Sure, the current pandemic has created unprecedented challenges and an economic downturn for many businesses. At the same time, the current ... -
How to Compassionately and Legally Break Promises to Your Staff
At the end of February 2020, the federal unemployment rate was 3.5%. At that time, business owners were looking for ways to attract and retain ... -
Valentine’s Day in the Workplace: Do’s and Don’ts
Each year, February 14 presents a challenge for business owners. How much celebrating should be encouraged or barred? What dating policies are in place or ... -
Figuring Your Estimated Taxes for 2020
Business owners who are self-employed usually pay their taxes in four estimated tax payments for the year. The final installment for 2019 is due on ... -
10 New Year’s Resolutions
While few keep them, it doesn’t stop us from making them every year. Here are my 10 favorites for business owners. (This is an expanded ... -
Estate Tax Planning for Business Owners
The value of an ownership interest in a business may be worth a lot by the time an owner dies. For heirs, whether this interest ... -
Looking Ahead at Taxes for Self-Employed Individuals
Self-employed individuals Self-employed individuals are sole proprietors, independent contractors, partners, and members of limited liability companies. They’re business owners. They’re not employees, they don’t receive ... -
Developing Leadership Qualities: Being Openminded
George Bernard Shaw said: “Those who cannot change their minds cannot change anything.” Being able to change your mind is a quality of good leadership. ... -
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, ...