Summary: Companies generally look for certain attributes in employees: knowledge, skills, abilities or a mix. What is best at your company? How do you navigate through the choices? Click through for tips on sound hiring practices. The various qualities you look for in new staff may be referenced interchangeably, but actually embody different traits. Ideally, […]
Summary: Employers must ensure that break policies comply with wage laws, especially when employees work through lunch, answer emails after hours or remain on call. Similarly, misclassifying paid and unpaid breaks can lead to wage violations and legal risks. Click through for key guidelines on tracking break time and maintaining compliance. Employees often engage in […]
Summary: Understanding the advantages and disadvantages of the business structure you choose when you start your company is essential. You want the structure to align with your business goals, and you want to understand how profits will be taxed and what personal assets may be at risk. Click through to explore these distinctions further. Choosing […]
Summary: Is there an activity you enjoy so much that you’d like to turn it into a business? This can be the start of a new, great chapter in your life. Click through for some financial advice on your road to living your dream. Maybe you see how an off-hours activity can become a profitable […]
Summary: Investments in real estate are not without risks, but can be one of the safest bets. Owning a vacation rental home can be a great way to do this, but you must understand the financial implications. Click through for a review of the tax issues. Purchasing a vacation home and renting it when you […]
Summary: Artificial intelligence is a hot topic. Some think it will revolutionize businesses, while others say it’s the end of civilization. But in reality, AI — properly used — can be an enormous help in your business. Click through for an introduction to an exciting, controversial world. It is too late to ban your employees […]
Summary: Filing taxes for your business can be complicated, with even small mistakes leading to missed deductions or higher tax bills. Ever-changing tax rules only add to the challenge. Click through for practical advice on avoiding the most common business tax pitfalls. Staying proactive and detail-oriented can help you avoid the most common inaccuracies on […]
Summary: Business plans have to be flexible because they need to be adaptable to factors that could affect them in the future. That’s why management always has to be on the lookout. Click through for some advice on creating strategic business plans in the post-COVID-19 world. Not only do business plans take time to fully […]
“Branding” is one of those words that gets thrown around quite a bit, with many people not even sure of its meaning. Companies will need to focus on it to be competitive in the industry, however. Click through for some tips on creating an identity for your business. Who are you, as a company? The […]
While the basic tax implications of the business entity you opt for remain the same as in past years for the most part, additional details have been added for 2023. Click through to learn about deduction suspensions and credits, both of which are important to understand this year. The form that your business is categorized […]