Every business owner’s favorite question is: “How can I make more money now?” There are many ways you can use your wealth of knowledge as a tool to bring in more revenue for your business without using a ton of time and money in the process. Here are 5 quick ways to up your [...]
If you hire a domestic worker to provide services in or around your home, you probably have a tax liability that you don’t know about – or one that you do know about but are ignoring. Either situation can come back to bite you. When the worker is your employee, your liability includes both [...]
Congress has approved the 21st Century Cures Act, which includes a provision allowing small employers to reimburse their employees for medical expenses under a health reimbursement arrangement without being liable for the draconian, $100 per day penalty for violating the Affordable Care Act’s rules. President Obama has indicated his approval of the bill. Background: Stand-alone [...]
Any business is properly defined as the holistic sum of its parts: products, services, employees, partners, owners, location, systems, vendors, etc. The variables may vary in complexity, yet there's a universal structure within every business. Ultimately, generating profits from sales is the main goal, which is accomplished with effective business strategies. Let's look at [...]
Step #1. Carefully Think About Which Financial Services You Will Need Before you begin your search, think about your financial needs first. Why do you need a CPA? What are your financial goals? Are you interested in working with someone who can offer long-term financial planning? Or do you want someone who can help [...]
Your company is there to earn money—not lose it. Even if you're not in the negative, it's possible that cash is slipping through your fingers without you realizing it. You don't notice the money leak because the problems that cause it aren't in your face. For example, if you have a rude employee, he/she [...]
