Should a Business Owner Keep Their Own Books? I say yes, but know your limitations.
Recordkeeping Considerations for a Startup Business – keep your receipts!
When financing a small business, it’s bad planning to do something just because it’s tax deductible
Tell your accountant before you spend money on major purchases
Don’t be “that” business owner. That’s what I tell business owners who complain about having to follow the laws, regulations, rules, etc. Case in point: one time I was talking to a business owner who was venting about his insurance company and the fact that he had to carry workers’ comp insurance. And he was […]
True scenario that happened a couple of years ago: A client asked the following: I have $20,000 in a retirement account with a former employer. My husband wants to start a new business. We were thinking that he could hire me as an employee, and then form a retirement plan under the business. I would […]
Does a business need to issue a 1099 to an incorporated veterinarian for veterinarian services? The IRS says yes.
Among the things I’m talking to small biz clients about at year-end: the Affordable Care Act and timing of major purchases.
Should sole proprietors get a “standard deduction” for business expenses rather than tracking actual expenses? I think this is a bad idea.