Intimidated by Accounting? Five Simple Steps Are All You Need

Intimidated by Accounting? Five Simple Steps Are All You Need

Accounting tasks can feel both boring and beyond some business owners' capabilities. But, that doesn’t keep attending to them from being very necessary.
You Can Expense Business IT Equipment Purchases

You Can Expense Business IT Equipment Purchases

Businesses can now expense (write off as a deduction) IT equipment. However, it must be purchased and placed in service before the end of the year.
Motivating Employees for Your Organization’s Financial Success

Motivating Employees for Your Organization’s Financial Success

Financial solvency and strength must be a major objective for each employer. And all employees must be dedicated--and motivated--to achieve this success.
Raising Capital for Your Startup? Here’s Your Primer

Raising Capital for Your Startup? Here’s Your Primer

Creating a business requires a good idea, skill, talent, and ambition. Even if you have those elements, you may fall short of raising the capital you need.
Analyzing Overtime Costs: A Strategic Step for HR

Analyzing Overtime Costs: A Strategic Step for HR

Analyzing overtime costs can be important in deciding when to hire new workers. It can also improve efficiency in operations, labor costs, and productivity.
Corporate Business Owners Must Have “Reasonable Compensation”

Corporate Business Owners Must Have “Reasonable Compensation”

Owners of incorporated businesses understand the tax advantage of paying compensation vs dividends. But rules exist for “reasonable compensation.”
Business succession and estate planning: It can be complicated

Business succession and estate planning: It can be complicated

Estate and business succession planning strategies aren’t always compatible, and family members often have conflicting interests. There's a balancing act.
Are You Cheating on Taxes? Here's What Could Happen

Are You Cheating on Taxes? Here's What Could Happen

Cheating on your taxes has unpleasant consequences. These consequences include monetary penalties and the possibility of jail time for blatant cases.