Is Your Hobby a For-Profit Endeavor?
If an activity is not for profit, losses from that activity may not be used to offset other income. Learn more in this week’s Tax Tip.
How Business Website Expenses Are Deducted
Can you write off your business website? It’s more complicated than you think. Learn more in this week’s Business Tip.
Quickbooks Tip: Cutting Expenses Key To Profitability, But How?
You can use QuickBooks’ inventory-tracking tools to stock your inventory to match the pace of sales. Learn more in this special Quickbooks Tip.
Department of Labor Issues FAQs on New 401(k) Plan Fee Disclosure Rules
On May 7, 2012, the DOL issued Field Assistance Bulletin 2012-02, which provides guidance on 38 of the most frequently asked questions regarding these regulations. View Field Assistance Bulletin
The New Landscape for Business Startups and Their Investors
Small companies may have an easier time finding investors thanks to the JOBS Act. Learn what it means for investors. Learn more in this Financial Tip.
Tax Planning for the Self-Employed: Shifting Income/Timing Income
If you are self-employed, income shifting can be a valuable tool to lower your taxes. Read more in this Business Tip.
Nonqualified Deferred Compensation Plans
Nonqualified deferred compensation plans are flexible, allowing you to tailor a plan to you and your employee’s needs. Read more in this week’s Business Tip.
Company Hit for $35 Million in 401(k) Fee Case
Important read: Company to pay $35.2 million in first class action over 401(k) fees for breaching ERISA fiduciary duties. Read the full article.
Transferring Your Family Business
Business succession planning should ensure the continuity of your business and minimize tax consequences. Read more in this week’s Business Tip.
Should I Buy or Lease Assets for My Business?
Buying or leasing? It’s not just for cars or homes…it’s for business equipment as well. Learn more in this week’s Business Tip.