When 401(k) Plans Go Bad—Avoiding Disqualification
401(k) plans that exclude participants, miss contributions or fail discrimination tests can become disqualified. Read all about it in this week’s Business Tip.
Sole Proprietorship—Is The Risk Worth It?
A sole proprietorship comes with few bureaucratic hoops, but you have to contend with 100% personal liability. We explain in this week’s Business Tip.
Key Performance Indicators (KPIs) Are Valuable Tools for Small Business Owners
Need an objective, black and white measure of your business processes? Implement Key Performance Indicators. We explain in this week’s Business Tip.
Effects of Life Insurance on the Valuation of Stock
The value of a business increases when the business receives the death benefit proceeds. Read all about it in this week’s Business Tip.
Independent Contractors and What They Mean for Your Business
Our experts focus on a case study of a small business on the brink of hiring its first employee, rather than continue the current independent contractor relationship.
Business Entities: Limited Partnerships
Unlike a corporation, a limited partnership is inexpensive and simple to create and maintain. Read more in this week’s Business Tip.
Business Entities: Limited Liability Company (LLC)
If your business venture has few active investors, you may consider using the Limited Liability company structure. We explain in this week’s Business Tip.
Business Entities: Professional Corporations
Your business entity can affect your liability, continuity and taxes. Today we look at professional corporations (PC). Read more in this week’s Business Tip.
Business Entities: General Partnership
General partnerships are pass-through entities, so partners report their share of income on their personal tax returns. We explain in this week’s Business Tip.
October 15 Due Date for Extensions and Retroactive Business Expenses Rapidly Approaching
October 15 is approaching! That means tax deadlines for Extensions and Retroactive Business Expensing. We explain in this week’s Tax Tip.