Small business owners are sometimes reluctant to set up retirement plans because of the administrative burdens. Here are two options to consider that have less stringent requirements than traditional qualified retirement plans.
Read MoreThinking about hiring your teenager to work in your business? There can be significant tax benefits.
Read MoreAfter this past year, you and your nonprofit’s board may think they can overcome any financial challenge. But don’t get too comfortable. These financial warning signs merit immediate attention.
Read MoreEligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest on the popular loan program.
Read MoreLife insurance benefits can help loved ones after your death. But you may want to keep proceeds from a policy out of your taxable estate. Here are some considerations.
Read MoreThe nice weather and the general downturn in COVID-19 cases has spurred some business owners to think about buying a car this spring. Here’s an option that may save on taxes.
Read MoreWithout a whistleblower policy, your nonprofit could learn about illegal or unethical internal activities only after media, law enforcement or regulators do. Adopting a policy is relatively easy. Here’s how.
Read MoreChild care is expensive. The newly enhanced child and dependent care credit may help for 2021.
Read MoreIs your business taking full advantage of the Employee Retention Credit?
Read MoreWhat is the best choice of entity for a new business venture? It might be an S corporation. Here’s why.
Read MoreEveryone knows about the $1,400 checks earmarked for qualified individuals. But what does the American Rescue Plan Act propose for struggling nonprofit organizations? We review the highlights.
Read MoreBecause the American Rescue Plan Act is such an expansive piece of legislation, it’s likely you, your family or your business can benefit from it.
Read MoreAre you eligible to receive direct payments under the new law that passed on March 11?
Read MoreYou’ve probably heard about the new law that provides direct payments to eligible individuals. But what does the law provide to businesses?
Read MoreThe latest COVID-19-related stimulus bill, the American Rescue Plan Act, has now passed. How can you benefit?
Read MoreBenchmarking provides critical information when developing and executing strategic plans. So if your nonprofit doesn’t use financial metrics, you may be flying blind. Here’s how to get started with benchmarks
Read MoreFor tax purposes, there are many ways to conduct a business. For example, you may operate as an S corporation or a partnership. But many new ventures start out as sole proprietorships. Here are some tax considerations involved in operating with that entity.
Read MoreIf you wish to leave an educational legacy for future generations, consider using a family education trust.
Read MoreThree months, six months, 12 months? When rebuilding your nonprofit’s operating reserves, how much in expenses should you try to put aside? It may determine how well you survive the next crisis.
Read MoreSaving for retirement can help make your future brighter. Recent tax law changes might allow you to save more with your IRA or retirement plan.
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