How are you managing your business finances? Many business owners are discovering that their assets are not as well protected as they thought. This is especially true in small business environments where a single employee manages all the finances. Often there are no checks and balances to verify that transactions are accurate. Fraud frequently increases…
There is a movement afoot for people and organizations to move their banking from the mega-banks to a local bank. The mega-banks (Bank of America, JP Morgan Chase, Goldman Sachs, Citigroup, Wells Fargo, Morgan Stanley, etc.) aren’t particularly interested in you or your small business. Sure, they’ll take your deposits while paying less than 1…
The Hiring Incentives to Restore Employment (HIRE) Act was enacted on March 18, 2010. This tax law provides two new benefits to employers who hire certain previously unemployed workers (“qualified employees”). First, employers who hire a qualified employee will get an exemption on the employer’s 6.2 percent share of social security tax on the wages…
Yesterday I got some sad news. One of our clients died unexpectedly. He was under 40 and left behind a family and a business. While tragic, this isn’t a rare event. Are you prepared if this tragedy were to strike you or your business? I’m not. I know the importance of having a will yet…