Running your business requires a lot of energy. It also may demand a lot of time, some of it spent alone. These factors can lead to burn out, the last thing you need as you build momentum and grow your business into what you’ve always...
Employee movement is not uncommon. New opportunities, a desire for a new challenge or a new city may be some of the reasons why offices see regular turnover. What’s also all too common, unfortunately, is staff turnover stemming from employee dissatisfaction. And it’s just not one...
If you’re a retiree, you should check to make sure you’re paying enough tax during the year. The Tax Cuts and Jobs Act changed the way tax is calculated for most taxpayers, including retirees. Because of this law change, if you receive a monthly pension or...
Are you looking for a volunteer opportunity in your community? Here’s your chance to lend a helping hand. You can learn to prepare taxes and make a difference at the same time by becoming a volunteer with the Volunteer Income Tax Assistance (VITA) or Tax...
The IRS encourages everyone to use the Withholding Calculator to do a Paycheck Checkup, which is even more important this year because of tax law changes. Taxpayers who haven’t yet done this can follow the steps below for using the calculator. Results from the calculator will...
There are important changes that you need to know before the 2019 filing season begins. The IRS is launching the fall series of "Get Ready" communications and outreach messages to help you take action to file your tax returns timely and accurately next year. IRS.gov/getready provides...
Building a successful business model is largely tied to making the right decisions. In order to succeed, new entrepreneurs must carefully consider the costs of launching their life-long dream business. Because the universal truth in business is that money is needed to make money, these decisions carry extra weight. Each...
Timing, as much as anything else, can be crucial to a business’s success and its long-term viability. New entrepreneurs may rely on market conditions or other economic indicators before making splashy decisions, or even launching a new product or service. The timing for incorporating a business, however, depends...
The business world turns by the power of transactions. When a business exchanges a good or service to its client for payment, a Point of Sale system (POS) is utilized to make the transaction possible. Essentially, the POS is the mechanism, including hardware and software, that allows...
At this time of year, and in light of the recent tax cuts and the favorable tax rates for the C-Corp and S-Corp, sole proprietorship and general partnership clients may be wondering if it’s time to create a formal business structure like a corporation or...