🖨 Print⏱ 3 min readWhen it comes to making cash flow projections, we’re all aware that it’s not an exact science. One of the main difficulties about accurately projecting cash flow has to do with timing. Examples include factoring in overhead such as payroll; lease or tax payments on the […]
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🖨 Print⏱ 4 min readWith the sweeping new tax legislation in 2018 capturing everyone’s attention, other changes have taken a back seat. There were several Tax Court cases in 2018 that rendered important decisions impacting how things work – one of which was Povolny Group, Inc. v. Commissioner, T.C. Memo 2018-37. […]
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🖨 Print⏱ 4 min readWhen it comes to businesses dealing with seasonal sales, making payroll and other financial obligations can be stressful on budgets. However, one way to deal with fluctuating sales and cash flow problems is to see if invoice factoring is appropriate to meet year-round needs. Invoice Factoring […]
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🖨 Print⏱ 4 min readGovernment Employee Fair Treatment Act of 2019 (S. 24) – This bill was introduced by Sen. Ben Cardin (D-MD) on Jan. 3 and signed into law on Jan. 19. It requires federal employees who are furloughed or working without pay to be compensated for the time […]
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🖨 Print⏱ 4 min readFiling taxes for the first time can be overwhelming. But if you have the right tools and advice before you start, it won’t be. Here are a few critical things to know before you begin, which will make the seemingly daunting process much easier. Start Prepping […]
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🖨 Print⏱ 4 min readThe Tax Cuts and Jobs Act delivered a wealth of benefits for taxpayers at every income level, but none more so than for the very rich. The net result of huge tax breaks for both high-income and corporate taxpayers is that the government now has much […]
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🖨 Print⏱ 3 min readWe often read about how technological advances such as artificial intelligence will someday be used for customer-facing jobs – even eliminating the human touch. However, small firms that rely on trust and personal relationships are not likely to benefit from these innovations. Nonetheless, technology – when […]
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🖨 Print⏱ 3 min readCountering Weapons of Mass Destruction Act of 2018 H.R. 7213 – Sponsored by Rep. Daniel Donovan (R-NY), this bill amends the Homeland Security Act of 2002 to establish a Countering Weapons of Mass Destruction office as part of the Department of Homeland Security (DHS). All personnel, […]
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🖨 Print⏱ 4 min read When it comes to liability insurance, the saying “you can never be too prepared” is quite meaningful. While business owners cannot predict what happens day to day or year to year, they can look into having business liability as way to give themselves peace of […]
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🖨 Print⏱ 3 min readNew Year’s resolutions usually involve stopping things like eating, drinking and spending too much – and so on. You know the drill. However, according to U.S. News & World Report, 80 percent of New Year’s resolutions fail by the second week in February. Why not switch […]
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