Most small businesses use cash-basis accounting for their operations. And that makes sense. First of all, cash-basis accounting makes a firm’s … [Read more...] about Form 3115 for a Cash to Accrual Method Accounting Change
Getting Smart about Past Due Taxes and Tax Returns
One of the biggest tax-related stresses people encounter is the situation where they accumulate several years of past due taxes and tax … [Read more...] about Getting Smart about Past Due Taxes and Tax Returns
Hiring Your Children as a Tax Loophole
Thinking about hiring your children as a tax loophole? Probably because it’s summer, several clients and friends have recently asked me … [Read more...] about Hiring Your Children as a Tax Loophole
10 Obamacare Facts Small Business Owners Must Know
Lots of small business, I suspect, have ignored the Affordable Care Act, the healthcare law we all better know as “Obamacare.” But that’s not … [Read more...] about 10 Obamacare Facts Small Business Owners Must Know
Ten Tips for Effective Web Marketing of Your Small CPA Firm
I’m continually surprised, frankly, by how powerful a tool the web is for marketing for small businesses. I’ve regularly shared this observation … [Read more...] about Ten Tips for Effective Web Marketing of Your Small CPA Firm
Index Funds and Asset Allocation Even Better for the Wealthy?
Index funds represent a truly excellent financial product. They result in ultra-low-cost investing, provide massive diversification, and operate with … [Read more...] about Index Funds and Asset Allocation Even Better for the Wealthy?
California Payroll Tax Forms Prepared in Five Minutes
If you’re preparing the California payroll tax forms for a single shareholder-employee corporation, you can make the process pretty easy. In fact, … [Read more...] about California Payroll Tax Forms Prepared in Five Minutes
Avoiding State Payroll Taxes
The trick to keeping your payroll processing quick and simple is to minimize the busy work involved. In fact, I think what you do in a … [Read more...] about Avoiding State Payroll Taxes
Will Obamacare Penalties Kill Your Small Business?
So the first thing I need to say, before you jump to any wrong conclusions, is this: This blog is only about the nuts and bolts of you running a small … [Read more...] about Will Obamacare Penalties Kill Your Small Business?
Using the Delphi Method for Small Business Problem Solving
Over the past year or so, something pretty remarkable, weird even, has gone on in a LinkedIn group I happen to be a member of. Note: The group name … [Read more...] about Using the Delphi Method for Small Business Problem Solving