For the love of your business
For the love of your business
Q: How does estate planning help my business? -Curious Company Owner A: Dear Curious Estate planning is absolutely crucial for business owners. When you die or if you become incapacitated, not having a plan can not only be disastrous for the company, but also cause major expense and conflict for your family. Your plan will […]
Read MoreRealizing that your biggest personal and business expense, bar none, is taxes can be quite a shock. Indeed, seeing so much of your hard-earned money end up in the government’s hands can feel like a shakedown. Fortunately, focusing just a little time and effort on strategically reducing your taxes can pay huge dividends. The first […]
Read MoreAs an entrepreneur, you’re no doubt extremely talented and driven when it comes to your core product or service. Whether you develop smartphone apps, provide healthcare services, or brew craft beer, without a high level of confidence and passion for your particular trade, you probably never would’ve gone into business in the first place. On […]
Read MoreWhile Facebook has recently developed user-friendly options for managing your personal profile in the event of your death, the company has yet to develop any streamlined way to handle your business accounts once you’re gone. Indeed, a Google search of “what happens to my Facebook account when I die” turns up tons of hits related […]
Read MoreThere’s currently more than 1,300 different forms of cryptocurrency like Bitcoin traveling through cyberspace, with a total value of more than $575 billion. While some people buy and hold crypto as an investment opportunity, many consumers use it just like other forms of currency—to purchase good and services. From lower fees, enhanced security, and the […]
Read MoreThe typical formula for financial planning is to earn enough income, so you can invest a portion of it with Wall Street in hopes that one day you’ll accumulate enough wealth to retire. The plan is to sock enough money away over 30+ years and pray these investments eventually grow ample enough for you to […]
Read MoreQ: Are there any tax benefits to hiring my minor children to work for my business? -Pondering Parent A: Dear Pondering There have always been numerous tax benefits to hiring your children, but the 2017 Tax Cuts and Jobs Act (TCJA) has made those benefits even more valuable. By hiring your children to do legitimate […]
Read MoreCorrectly classifying workers as employees or independent contractors has always been tricky. Depending on the regulatory agency involved and whether you’re dealing with state or federal law, there are numerous different factors and tests that can apply to your decision. In April 2018, a ruling by the California Supreme Court added a new test to […]
Read MoreGlobalization and digital technology have made the world seem like a much smaller place. And though the enhanced ability to reach international markets can be a major advantage for your business, it also opens up new complications with intellectual property rights. This is especially true when it comes to foreign trademark infringement. Trademarks are used […]
Read MoreNearly every week, the news is filled with headlines announcing that some big company lost or was forced to settle a lawsuit for mega millions. While big-name corporations may be able to survive such litigation relatively unscathed, for small and medium-sized businesses, just a single lawsuit could sink your entire operation. Even if your company […]
Read MoreThe web has revolutionized business operations in numerous ways: email, social-media marketing, and online job recruiting are just a few of the biggies. But another innovation is dramatically enhancing your ability to obtain business financing via online crowdfunding. Whether it’s equity crowdfunding, rewards crowdfunding, donation crowdfunding, or lending crowdfunding, these methods allow you to solicit […]
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