By Cliff Ennico If you’re like most small business owners, you are scratching your head trying to figure out the new small business tax deduction. The Tax Cuts and Jobs Act of 2017, which went into effect January 1, offers a 20 percent deduction for “pass through” entities such as partnerships, limited liability companies and […]
By Cliff Ennico It’s official. Except for a handful of provisions that have later effective dates, the nearly 1100-page Tax Cuts and Jobs Act is now the law of the land. A ton of ink has already been spilled about the act’s impact on small business, but the big question for most of my readers […]
By Cliff Ennico There’s a lot of stuff going on in the world of small business right now. The new tax law. Changes in the way web-based businesses are regulated. Amazon taking over the world. But let’s be honest. Right now all anyone is thinking about is losing weight – the Number One all-time New […]
By Cliff Ennico More than two million Americans make a full-time or part-time living selling merchandise on eBay, Amazon, etsy.com and other online retail platforms. For many smaller sellers, this activity takes the form of retail arbitrage – buying merchandise at retail from “brick and mortar” stores and then reselling them online for even more […]
By Cliff Ennico Probably the single most significant historical event in my lifetime is not the assassination of John F. Kennedy, the 1969 landing of U.S. astronauts on the moon, the social upheavals of the 1960s, or the rise and fall of rock-n’-roll. It was the advent of the Internet in the early 1990s. It […]