Employers Receive Transition Relief for WOTC Certification
Employers have until Apr 29, 2013 to file forms with their state employment agency for the Work Opportunity Tax Credit. Read more in this Business Tip.
Are You Collecting the Needed W-9s?
It’s good practice to have independent contractors complete and sign IRS Form W-9 the first time you use their services. Learn why in this Business Tip.
LLC, LLP, PC, LP Distribution Rules
Your business structure affects how distributions of cash or property to owners are taxed. Read more in this Business Tip.
Tax Consequences if Business Generates Income or Loss
Some businesses pay taxes on business income, while others act as pass-through entities. Learn more in this Business Tip.
Funding a Buy-Sell Agreement with Life Insurance
A buy-sell agreement funded with life insurance can provide cash to your family and ensures your company’s continuity. Read more in this Business Tip.
IRS Introduces New Safe Harbor Home Office Deduction
Home office deductions have always been tricky. For 2013, the IRS tried to simplify it with a safe-harbor method. Read all about it in this Business Tip.
A Business Plan Is Your Vision of Success
A business plan tells the story of your company, illustrating where you are now and where you hope to be in five years. Learn more in this Business Tip.
Business Automobile Insurance Basics
“Let the higher up be responsible.” Sounds nice–until your employee gets into an auto accident with the company vehicle. Learn more in this Insurance Tip.
Three Misconceptions About Payment Processing
Accept Visa? Your customers love you for it, but as a business owner, you need to understand payment processing fees. Learn more in this Business Tip.
American Taxpayer Relief Act of 2012—Provisions Applicable to Small Businesses
The 2012 Tax Act includes several provisions for small businesses—many of which were retroactive for 2012. Learn more in this Tax Tip.