Category: Small Business
-
15 features to ensure success of bill payment outsourcing
One of the best ways to use technology in your small business is to outsource bill payments. The time and expense savings that most can achieve puts this high on our list of recommended technologies. The simple fact is that a bill pay expert can do this more simply, reliably and at lower cost than…
-
The new world of social investing
The financial world has changed dramatically over the past decade in ways we could not have imagined before the financial crisis. My investment banker training was suddenly not only useless; it was exposed as a liability. I remember trying to relate the shock I felt in October 2008 to my then teenage children. I said…
-
Five reasons that you don’t know about tax-free stocks
Our government taxes most kinds of income. The exceptions list of tax-free income is short. One of the least known sources of tax-free income is gains on qualified small business stock ownership. Gains on qualified small business stock is completely exempt from tax. So why haven’t you heard this before? Here are five good reasons:…
-
An introduction to tax free stock investments
(This blog post is an outline of an upcoming webinar. Comments, questions and feedback during this planning stage is welcome). Understanding the benefit of tax free stocks The difference between tax-free investments and tax-deferred investments The difference between tax-free stocks and tax-free bonds Compared to alternatives like HSAs and life insurance Examples of ending value…
-
Powermatch follow-up planner
This is a version of the Powermatch Follow-up Planner. Collaboration / Cross promotion ideas: Warm introductions to make: Resources discussed: Social Media commitments: Connect Share content Share events Joint Workshop: Share an event:
-
Strippers draw attention to changing tax law
Who would have guessed that strippers would be on the cutting edge of changing tax law? The laws that distinguish between contractors and employees are changing in some states. California’s strippers are in the spotlight. Yesterday strippers protested the new state law in San Diego. They like the independence of being classified as contractors yet…
-
New Jersey payroll services
I offer these small business payroll services in New Jersey: Weekly, bi-weekly, monthly, twice a month, or as manually requested payroll schedule New Jersey Employer Report of Wages Paid (NJ WR-30) New Jersey Employer’s Quarterly Report (NJ-927) New Jersey Employer’s Quarterly Report for Weekly Filers (NJ-927W) New Jersey Submitter Form NJ-ERW2-S New Jersey Annual Withholding…
-
Predicting success of small business crowdfunding campaigns
The ability to forecast success of a proposed crowdfunding campaign is becoming more important in the practice of advising small businesses today in both the for-profit and nonprofit sectors. I spend an increasing portion of my available reading time on this topic, including a book on my iPad right now “Social Startup Success” by Kathleen…
-
Why are tax writers missing the #1 tax-saving opportunity?
“The perfect tax plan or tax shelter, if such a thing exists, would allow us to do most or all of these things: receive or gain control money without paying taxes, take a tax deduction for the amount invested, allow that money to grow and accumulate without paying taxes, and then allow us to disperse,…
-
Does Pennsylvania sales tax apply?
The best official publication for determining if sales and use tax applies is this “Retailer’s Information” guide from the Commonwealth. For help setting up sales tax in QuickBooks Online, just call for on site or remote setup help or for help setting up desktop version see this article by Charlie Russell.