Business owners pay Medicare taxes on their salaries while those who are self-employed pay Medicare tax on their net earnings from self-employment. … Read more about Additional Medicare Taxes on Business Owners
Lessons for Small Business Owners from Poor Richard’s Almanack
Published annually by Benjamin Franklin from 1732 to 1758, Poor Richard’s Almanack was a compendium of weather predictions, advice, poems and stories, … Read more about Lessons for Small Business Owners from Poor Richard’s Almanack
How Does Voluntary Wage Withholding Help Employees?
PwC’s 2023 Employee Financial Wellness Survey found that 57% of employees think finances are the top stress in their lives. They worry that the cost … Read more about How Does Voluntary Wage Withholding Help Employees?
FAQs on Small Businesses in 2023
Small Business Week 2023 runs from April 30 to May 6, so it’s a great time to be talking about small business. Often “small business” is a buzz word … Read more about FAQs on Small Businesses in 2023
Work-Life Balance for Women Entrepreneurs
During Women’s History Month, there are many topics that relate to women business owners. One of the big challenges for many women owners is achieving … Read more about Work-Life Balance for Women Entrepreneurs
Strategies for Increased Learning for Owners and Staff
The quotation taped to my monitor from Benjamin Franklin reads: “An investment in knowledge pays the best interest.” What is learning? The dictionary … Read more about Strategies for Increased Learning for Owners and 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 in … Read more about Valentine’s Day in the Workplace: Do’s and Don’ts
Ideas for Recovering from Holiday Stress
For many small business owners, the holiday season is their peak period for sales in the year. This means long hours and continual problem solving. … Read more about Ideas for Recovering from Holiday Stress
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 advisers. The 2023 edition … Read more about J.K. Lasser’s Small Business Taxes 2023: A Book Review
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 … Read more about The Importance of Positivity and Your Business
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 … Read more about Thresholds Are Confusing for Information Reporting
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 … Read more about Is It Work-Life Balance or Just Lifestyle?
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 taxes … Read more about Additional Taxes on Small Business Owners
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 based … Read more about Writing Off the Cost of Business Driving
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 … Read more about Recognizing the Achievements of Small Business Owners