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 … Read more about Not Like Last Year’s New Year’s Resolutions
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 … Read more about Preparing for Economic Changes: Getting Help for Getting Through
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 valued … Read more about How to Compassionately and Legally Break Promises to Your Staff
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 … Read more about Valentine’s Day in the Workplace: Do’s and Don’ts
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 … Read more about Figuring Your Estimated Taxes for 2020
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 version of an … Read more about 10 New Year’s Resolutions
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 is diminished by … Read more about Estate Tax Planning for Business Owners
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 … Read more about Looking Ahead at Taxes for Self-Employed Individuals
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 … Read more about Developing Leadership Qualities: Being Openminded
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 … Read more about Unraveling Conflicting Tax Rules for Active versus Passive 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 … Read more about Figuring Your Estimated Taxes
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 … Read more about New Year’s Resolutions from the Experts
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 see … Read more about 7 Deadly Sins for Small Business Owners
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 … Read more about Growing Fast: Risks and Rewards for Small Business Owners
A Bad Apple in Your Business?
Recently a physician in a good medical practice in my area was convicted of 5 counts of federal drug charges, and it got me to thinking about what … Read more about A Bad Apple in Your Business?
