Category: Small Business
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Working class men and the future of the rural marina
We are now speaking with individuals who may want to be involved as ‘sweat equity’ shareholders, casual workers or just volunteers, tax-motivated real estate investors, and environmental professionals.
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What is the purpose of a published pricing policy?
I’ve been wrestling with this issue in my accounting practice and rural marine business and spent some time investigating to learn more. I skimmed a handful of articles from Indeed, Openstax, 4Pricing.pro and Ca.Indeed on the topic, and none addressed what I was hoping to learn. It is clear that pricing policy can serve either…
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Services for individuals and small businesses
Client services are individually tailored to bring the best value at the lowest cost. Financial goals, operations, and accounting requirements vary widely. This checklist is designed to act as a prompt as to what is common and what is possible. Services fall into six categories: Obviously After the misuse of the meaning, the friends used…
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Discrimination against married business owner in New Jersey
I’ve owned and operated small businesses individually in my name as a married person for more than four decades. Until recently, they were all based in Pennsylvania or Delaware. I’ve had plenty of business financings, loans and mortgages, all without my spouse’s involvement. Recently I relocated them to New Jersey and hit a brick wall…
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Lessons learned in small business accounting this year
Over the past few years, since just before Covid, I returned to a traditional practice of serving small businesses on a one-on-one personal basis. This was a change from the background of handling a national firm with thousands of clients operating through automated internet technology. I made some mistakes and learned some things the hard…
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Business Ownership Information Disclosure
Absent any last minute action this week, the federal Corporate Transparency Act of 2021 becomes effective next week. Efforts by groups including our NJCPA to delay the start seem to have failed. As with any business issue in modern life, there is as much misinformation as real information. I want to be clear that this…
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My social media experience in 2023
A summary of my own social media experience in 2023:1) Twitter has degenerated to a cesspool. I use it only to read comments from one specific small group of tax professional users.2) Facebook is blocking exposure of my posts on certain topics , especially the role of social media in politics.3) My star is rising…
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Small business advisory services
1. Financing and Building the Business 2. Building Sales and Operations 3. Save Money by Cutting Costs 4. Protect What You’ve Earned
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Small business FinCEN compliance for 2024
This post details the compliance procedure that we will use for our own businesses, affiliates and clients under our control. Others may use a different procedure. If you own, operate or control a small business corporation or a limited liability company, you may need to file a new report with the federal government this coming…
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Qualified immunity revisited: a small business perspective
The legal doctrine of qualified immunity, originating decades ago, serves as a safeguard for government officials facing lawsuits alleging violations of constitutional rights. Initially, the Supreme Court emphasized that this doctrine should not be a “license to lawless conduct.” However, state courts have frequently interpreted qualified immunity in a manner that allows officials to evade…