-
J.K. Lasser’s Small Business Taxes 2023: A Book Review
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and their tax ... -
The Importance of Positivity and Your Business
There’s a lot to be concerned about today—inflation, high interest rates, labor challenges (the inability to find and keep good employees, plus quiet quitting), crime, ... -
Thresholds Are Confusing for Information Reporting
Saying that tax rules are confusing is an understatement. Sometimes they’re almost impossible to understand. When it comes to requirements for reporting certain income, expenses, ... -
Is It Work-Life Balance or Just Lifestyle?
Work-life balance is defined by Business Daily News as “the state of equilibrium where a person equally prioritizes the demands of one’s career and the demands ... -
Additional Taxes on Small Business Owners
There’s been much discussion about “taxing the rich” and making them “pay their fair share.” What may get lost in the discussion are the special ... -
Writing Off the Cost of Business Driving
Gas prices at the pump have nearly doubled in one year, causing severe strain on business budgets. This is especially so for businesses that are ... -
Recognizing the Achievements of Small Business Owners
“There are two things people want more than sex and money: recognition and praise.” -- Mary Kay Ash, Founder of Mary Kay Cosmetics Small business ... -
A Tax Portrait of Business Owners
With National Small Business Week recently passed, it’s a good time to look at how business owners appear on their personal tax returns. The IRS’s ... -
The State of Small Business 2022
May 2-5, 2022, is National Small Business Week. It is a time to recognize the important contributions that small businesses make—to their families, their employees, ... -
Employers’ Tax Burden for Having Remote Workers
COVID-19 started a revolution in remote work arrangements. Initially, workers were forced to work from their homes because of government-mandated shutdowns. Then, workers continued working ... -
Startup Ideas for Success: Learning about Your Government-Imposed Responsibilities
When you start a business, your goal is to bring in revenue so you can meet your financial obligations (e.g., pay the rent, cover your ... -
A Company Dating Policy?
Despite the persistence of the pandemic and the fact that some many employees continue to work remotely, Valentine’s Day is still a time for romance, ... -
Business Owners and their “Combat Fatigue”
Combat fatigue, according to the dictionary, is a psychological disturbance caused by prolonged exposure to active warfare, especially being under bombardment. But this sounds a ... -
Reporting Payments to Independent Contractors: 5 Things to Know
If you engage independent contractors and pay them in the aggregate $600 or more during the year, you must report payments to them and to ... -
Avoid the 5 Things that Drive Employees Out the Door
With the “Great Resignation,” in which 4.2 million employees quit their jobs in just October 2021, small business owners need to be smart about handling their ... -
What You Can Do About Inflation
There’s no getting around it…high inflation is having an impact on small businesses. The historic average rate of inflation is between 2% and 3%. Since June ... -
Thanksgiving: Why Small Business Owners Can Be Thankful
The annual national holiday of Thanksgiving for many businesses is the official start of the holiday shopping season. For some businesses, this period represents their ... -
Escaping Federal Tax Penalties
Late with filing a tax return with the IRS? Didn’t correctly figure and pay what you owe? Did something you weren’t supposed to do? Don’t ...
Tag: small business owners
Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.
