Things To Consider When Starting a Business
Choosing the entity type for your business is a critical decision that affects how you are taxed and your personal liability. Start off on the right foot by learning the pros and cons of each structure.
Research Credit Available as a Payroll Tax Credit Doubled by the Inflation Reduction Act
The Inflation Reduction Act has a provision that could benefit many small business startups, allowing them to potentially double the amount of the research and development tax credit that can be used against payroll taxes from $250,000 to $500,000 per year.
New Employee Onboarding Best Practices: Factors to Consider for Success
Business owners know that it is always more expensive to hire a new person than it is to simply retain one of your existing workers. However, if you’re hiring, developing your onboarding process can set your new employees up for success.
Your Entrepreneur Start-Up Guide: The Best Practices to Help Motivate Success
To truly give yourself the best chance of success, and to help achieve your overall goals in the most effective ways possible, there are a number of key best practices you’ll want to keep in mind along the way.
Our Three Cents — What Do You Pocket in the End? Depends on the Taxes!
Henssler CPAs & Advisers Tax Partner John Dickson, CPA, CFP®, CVA, joins Troy Harmon, CFA, CVA, Nick Antonucci, CVA, CEPA, and K.C. Smith, CFP®, CEPA on Our Three Cents to discuss how to manage the taxes business owners face when entering a transaction to exit their business when retiring or entering a new business. Without the right professionals on board, business owners may not know how the tax impact will change depending on how the deal is structured.
Employee or Independent Contractor – A Primer for Employers and Employees
Employees may be misclassified as independent contractors. Misclassifying a worker can have significant ramifications for both the employer and the worker in terms of how much each pays in income, Social Security, and Medicare taxes, among others.
Robbing Your Retirement to Fund Your Business Startup
Chief Investment Officer Troy Harmon, CFA, CVA, Managing Associate K.C. Smith, CFP®, CEPA, and Associate Clay Norman, CFP® take a closer look at an entrepreneur who wants to tap into his retirement funds to fund his next startup because the sale of his last business didn’t result in immediate cash flow.
Is an SBA (7) Loan Right for Your Business?
Millions of small and mid-sized businesses are the true foundation of the United States economy. Whether you’re a seasoned veteran or are a new entrepreneur, it’s important to understand the available funding options and how to take advantage of them.
Three Phases of Business Continuation Planning
As a business owner, have you done everything you can to secure the future of your business? In this Small Business Minute, Nick Antonucci, CVA, CEPA, explains the initial steps to help ensure the survival of the business when you’re no longer in charge.
Our Three Cents — Don’t Sell Yourself Short
Back after a brief hiatus, Our Three Cents is back as Troy Harmon, CFA, CVA, Nick Antonucci, CVA, CEPA, and K.C. Smith, CFP®, CEPA of Henssler Financial are joined by Tax Partner John Dickson, CPA, CFP®, CVA, of Henssler CPAs & Advisers to discuss business owners who are trying to minimize taxes by running as many expenses as possible through their business.