For many businesses, summer is a slow time. Customers and clients may be on vacation, and you may have time on your hands. Don’t waste this time. As Miles Davis said: “Time isn’t the main thing, it’s the only thing.”  Read More

Recession-Proof Your Business by Diversifying — 5 Ways To Do It

The U.S. Supreme Court is the final arbiter of whether actions by federal and state legislatures or the executive branch are constitutional. The U.S. Supreme Court’s term runs from October 1st through June 30th. The 2022-2023 term produced a number of important decisions related to business. Read More

During the pandemic and lockdowns, most companies had no choice but to require employees to work remotely. Now that the necessity of remote work arrangements no longer exists, many employers are looking over their work arrangements. Should remote work be retained? Should some hybrid work arrangement be crafted? Should all employees be required to return to the workplace? Read More

If your business has employees—including yourself—there are employment tax obligations imposed on the company (the “employer”) by the federal government. There are also state and local employment tax rules, such as paying unemployment taxes. The failure to follow the rules can result in penalties for the company, or even for you, personally, as the owner. The following are some problems related to federal employment taxes…and what you can or should do about them. Read More

It seems that Christmas in July, sometimes called Half Christmas, started in a girls’ summer camp in North Carolina in 1933. The concept has become a celebration in a number of countries around the world, including Canada. ...Whatever you think of the idea, Christmas in July is a wakeup call for small businesses to begin preparations for the holiday season that begins in just a few months. Keep in mind that more than half (56%) of consumers began their holiday shopping last year in October, so there’s no time to waste.  Read More

According to the NFIB’s most recent Small Business Optimism Index, 44% of all owners reported job openings they couldn’t fill. Businesses can continue to try recruiting as they usually do or seek referrals to find the employees they need. Or, they can try some alternative methods to develop the employees they want: apprenticeships and internships. Read More

It’s been 247 years since a group of men in Philadelphia signed the Declaration of Independence and started a revolution. The document was adopted on July 4, 1776, although it wasn’t signed until August 2, 1776. Most of these 56 delegates to the Second Continental Congress who signed the document were small business owners, lawyers, doctors, and farmers; 14 were plantation owners. Read More

Expanding a business internationally is a bold move that can take a company to new heights. However, it's also a risky investment that can drain time and resources. Several factors must be considered, and business owners must develop a sound strategy to ensure their effort pays off. Here are a few key points to consider when expanding internationally. Read More

Keep current with these tax books and find help for year-round tax planning. Plus the free, online Supplements for are available on our website's blog!

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