Summary: When you have fewer employees than you need, it can impede business growth. To staff up, you may have to think outside the box. Click through for some imaginative suggestions for overcoming staffing shortages and improving your bottom line. The reasons for talent shortages can get complex. Oftentimes, they stem from one or more of […]
Summary: Do you want to transfer your assets as efficiently and effectively as possible? Estate planners often suggest a trust — but it can get complicated. Click through to learn about the potential pitfalls in setting up a trust.When you use a trust, you bypass probate, a lengthy legal process that validates your will, and […]
Summary: It’s one of the more difficult decisions that come across the desks at the IRS: What is a gift and what is compensation? Click through for some insights into this age-old question to make sure you’re on the right side.Back in 1913, Woodrow Wilson began his first term as president, and Americans first filed […]
Summary: In the investing world, the term “capital gains” comes up a lot. But what does it really mean, and what are its implications? Click through for an introduction to the tax and finance rules surrounding capital gains.A capital gain is a profit made when you as an individual or business sell a capital asset […]
Summary: The fear of missing out can affect many aspects of our lives. Is something happening that we’re not a part of? The idea of this is enough to send some people into panic mode. Click through for some thoughts on how FOMO can affect money-related decisions and what you can do about it. The […]
Summary: Crowdfunding has become a powerful way to raise money for a host of projects. But like with every other financial transaction, the IRS has imposed rules. Click through to make sure your crowdfunding project follows the law. Crowdfunding is a method of raising money through websites by soliciting contributions from a large number of people, […]
Summary: You know that you have to pay your employees regularly. But did you know you also have an obligation to the IRS to report and remit employment taxes? Click through for an overview of the rules to make sure you stay compliant.As an employer, you are required to uphold the responsibility of payroll taxes. […]
Summary: Very few pieces of legislation that actively affect your company are as complex as the Family and Medical Leave Act. You must be diligent to avoid the many pitfalls of the FMLA. Click through for an overview of the errors companies are most likely to make in terms of the FMLA. Officially called the Family […]
Summary: Do you need extra liability protection? Those who have extra risks may need additional insurance. Fortunately, it’s easily available and not very expensive. Click through to find out whether an umbrella policy is right for you.Umbrella insurance is a type of personal liability insurance that applies to a broader range of situations than conventional […]
Summary: There’s a good chance that your organization employs both exempt and nonexempt employees. The line dividing them may be thin, but it’s critical you keep the distinction clear. Click through to ensure that duties and compensation are assigned based on exemption status.Are you sure you know whether your employees are considered exempt or nonexempt? […]
