The Advantages and Disadvantages of Owning a Franchise
Owning a franchise can be a great way to break into the world of entrepreneurship. However, franchising isn’t for everyone.
Buy/Sell Agreements
In this episode of our Small Business Minute, Research Analyst Nick Antonucci, CVA, CEPA, discusses buy/sell agreements and how it can protect both the business and business owners should something happen to an owner and his or her interest in the company need to be sold.
Employer’s Pension Startup Credit Substantially Increased
If you are considering establishing a qualified pension plan for your business, you may be entitled to the Credit for Small Employer Pension Startup Costs.
The Difference Between an Audit, a Review, and a Compilation
If you’re considering investing in an organization or lending it money, you will likely need to get an audit, review, or compilation.
Congress Allowing Higher Medical Deductions for 2019 and 2020
With the passage of the Appropriations Act of 2020, more taxpayers may qualify for medical deductions.
Benefit Plans for Small Businesses
To attract and maintain employees, your business may want to offer health insurance, life insurance and a retirement plan.
Planning Considerations of Selling Your Business to Your Child
The Money Talks hosts explore the situation of a business owner who is looking to have his son take over his business so he may retire. The experts discuss the timeline for such a transaction, what planning issues need to be taken into account and how his options may need to change depending on how quickly he needs the money from the sale of his business.
Can I Transfer My Business Through My Will?
We explain why you shouldn’t use your Will to transfer your business.
Six Ways to Improve Your Business’s Bad Credit Score
We list six steps you can take to help build or repair your business’s credit score.
The 1099-MISC Filing Date Is Just Around the Corner—Are You Ready?
If your business paid an independent contractor $600 or more in 2019, you need to file a 1099-MISC by January 31st. Failure to do so can result in a penalty.