For the love of your business
For the love of your business
Going into business for yourself means learning about a lot of things, and not all of them are necessarily fun. Take taxes, for example. Unless you’re an accountant, dealing with the tax issues that come with your business is probably not your favorite task. But once you get the hang of it, it really isn’t […]
Read MoreIt seems like major retailers report breaches of their customer’s private data almost weekly. But businesses themselves are also subject to identity theft, and unfortunately, they are more apt to not discover the theft until much later in the game, after significant damage has been done. Businesses identities can be stolen in various ways. Often, […]
Read MoreOne facet of the Affordable Care Act is specific benefit requirements that have to be offered by small businesses (those with 50 or fewer employees). These requirements were scheduled to begin applying to employers with up to 100 employees on January 1, 2016. Business leaders were concerned, however, this change would result in substantially increased […]
Read MoreThis time of year, it’s a big question for all employers. Where do year-end bonuses for team members fit into the business? You may be facing a year-end cash slump or big expenses. Or, you may have a bunch of cash on hand and be facing a big tax bill. Assessing the reality of your […]
Read MoreWelcome back to our third and final article in our series on how you can save big money on your taxes this year. Just a little time and effort focused on strategically reducing your taxes can pay big dividends. In part 1,we discussed the first step in saving big on taxes: strategize with your tax […]
Read MoreWelcome back to our series on how you can save big money on your taxes this year. Just a little time and effort focused on strategically reducing your taxes can pay big dividends. Last week, we discussed the first step in saving big on taxes: strategize with your tax advisor at key points during the […]
Read MoreIt can be shocking to realize that our biggest personal and business expense, bar none, is taxes. The good news is that just a little time and effort focused on strategically reducing your taxes can pay big dividends. The first thing to know about taxes is that it is not illegal to strategize to save […]
Read MoreRidesharing companies like Uber and Lyft have been front and center in recent media stories and court decisions. All across the country, drivers have brought lawsuits arguing that they are employees of these companies, rather than independent contractors. If you own a business and think these stories have no relevance to you, think again. What […]
Read MoreBefore you consider in a new startup, you should understand that there is quite some distance between a great idea and a great company. As part of your due diligence, perform these reality checks before you spend your savings on starting something new: Are you ready for the entrepreneurial lifestyle? Entrepreneurship is not a get-rich-quick […]
Read MoreOne of the biggest risks small business owners take is not properly protecting their personal assets from business liabilities or judgments. In a recent Entrepreneur.com article, Mark Kohler, author of The Tax & Legal Playbook, offered these 8 asset protection strategies for business owners: Choose the right business structure. Operating as a sole proprietorship offers […]
Read MoreAs lenders ease credit conditions following the Great Recession, new business formation in the U.S. is on the rise. If you are starting a business in 2015, be sure you pay attention to the following prerequisites: Discuss with legal counsel which corporate structure is best for your business: sole proprietorship, partnership, corporation (C or S), […]
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