Summary: Whether you sell gardening supplies or computer components, inventory can be a nightmare, especially in this era of disruptions related to COVID-19. Click through for some tips to manage your inventory in a productive way. Do you always have the necessary products available when you need them? Have you lost out on business because items […]
Summary: Understanding key financial ratios can make you a better manager. Once you know what the numbers reveal, you can take actionable lessons from them. Click through for an introduction to how ratios can offer important insights for your business and your investments. How do you measure how robust your business is? One of the key […]
Summary: The IRS recognizes a couple dozen different kinds of nonprofits, but the most common is probably the 501(c)(3), a tax-exempt charitable organization. Click through for an overview of the complex process of launching one. The typical charity is organized as a 501(c)(3) entity, and if you’re planning to set one up, roll up your sleeves: […]
Summary: HIPAA, a law passed in 1996, protects people with health conditions from being discriminated against in health insurance and protects your medical records. Click through to learn just how important HIPAA can be and how it affects you. The Health Insurance Portability and Accountability Act protects Americans with health-related conditions from exclusions, limitations […]
Summary: Municipal bonds are issued by states and municipalities. Their most appealing features are their tax-exempt and lower-risk status. Are they right for you? Click through to read more about the pros and cons of tax-free municipal bonds. Municipal bonds are stable, income-producing vehicles that are used to fund local and state government projects, such as […]
Summary: The traditional 9-to-5 job is getting rarer by the minute as employees clamor for flexible work. This new trend, if managed right, can benefit everyone. Click through to see how flexible work influences retention. In a flexible work arrangement, employees typically get to choose their work location and their work arrival and departure […]
Summary: New entrepreneurs think about production, marketing, sales and human resources — but often forget the tax angle. You need to be on top of your IRS situation from day one. Click through for an overview of taxes for new businesses. Have you given thought to your tax responsibilities, and the choices you need to make […]
Summary: The pandemic has changed the way we think about remote work. Are you thinking of letting your employees continue to work from home even after offices open up? Click through to see why this benefit is not only trendy, but may even be a draw for workers. Remote work is a trend that has grown […]
Summary: Even in these days of virtual transactions, most businesses still want a place to set up shop. It’s essential to find the right premises with the right amenities. Click through for a list of items to consider before signing. Looking for premises for your business? Don’t be in a hurry! A business lease requires some […]
Summary: Recent guidance from the IRS highlights the tricky nature of advertising costs. Some peripheral expenses are deductible, in fact, while a few seemingly acceptable ones are not. Click through for the details on advertising deductions. In a recent release, the IRS reiterated that the tax law allows businesses to deduct advertising and marketing costs as […]