Category: Small Business
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Tax reform: “your results may vary”
Investors have cheered the prospect of a tax cut since it first became a reasonable possibility with Trump’s election. The markets reflect that enthusiasm. But now a closer look at the proposed legislation and its uphill battle ahead paint a different picture. First, it is clear that not all large businesses will benefit. Wall Street…
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QuickBooks accountant fees
Business owners using the world’s most popular small business accounting platform naturally want to know the price of professional support. While today’s online accounting significantly reduces the manual labor cost, these is always some requirement for skilled personal support. I am revisiting the topic now because I wonder about resetting my own fee structure: both…
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Features of Freedom Benefits Small Business Benefit Plan 2018
The new 2018 Small Business Employee Benefit Plan, available now, includes more features and options than ever before to allow your small business to offer big company benefits. Features include: · Easy, fast and inexpensive · Allows for inclusion of a Health Reimbursement Arrangement (HRA), Health Savings Account (HSA), Flexible Spending Account(FSA), dependent care plan,…
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In defense of price gouging
I’m reading a lot of criticism of price gouging in Houston right now and wish to take a moment to explain the other side of the issue. My small business chooses to stock emergency supplies in the event of a situation like this in our small rural community, including up to 2,000 gallons of gasoline,…
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QuickBooks ProAdvisor Recertified
I am pleased to complete my QuickBooks ProAdvisor recertification.
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New small business employee benefit plan
I am pleased to introduce Freedom Benefits’ new small business flexible consumer driven employee benefit plan for 2018. Three new features are incorporated immediately: 1) Increased opportunities to waive the setup and advisory fees by working through an affiliate accountant or agent, 2) increased range of insurance options to include non-ACA compliant health insurance, and…
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Reflections on the standard of professional skepticism
One of the very few things I personally dislike about being a CPA is a requirement known as “professional skepticism”. As much as my innate personality leads me to act in the role of an optimist, a cheerleader, supporter and an eternal promoter of general positive thoughts, the professional responsibility requires me to objectively weigh…
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Summary: where do we stand with 2018 health plans?
UPDATE 8/17/2017: Yesterday the Trump administration announced that it would not follow through with the president’s political threat to cancel insurance company subsidy payments. That appears to add stability to the markets and allows small businesses and self-employed individuals to be more confident in health care planning for 2018. With all the recent political posturing, it…
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How to establish a ‘No hate’ policy for your organization or small businesses
updated July 19, 2017 We’ve reached a point in our national discourse when it has become clear that even small organizations and business owners may need to establish clear anti-hate policies for employees, customers and visitors. While there are no standardized procedures for this process, this blog post suggests a few points to get started.…