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 […]
Money Lessons for Business Owners from Business Strategist Justin Krane Are you a small business owner, with your entire nest egg tied up in your business? Are you living with the hope that you can sell your business when you retire and use the money to fund your ‘golden years’? Have you considered that if […]
It’s a little ironic: Spreadsheets launched the personal computer business back in 1979 yet today spreadsheets can sink your small business…if you insist on using them for your accounting. VisiCalc was probably the first “killer app” and it gave millions of people an excuse to buy a computer for both business and personal use, and […]
Entrepreneurs usually know very little about small business accounting when they launch their startup or local business. They’ve had an idea or see a problem that needs to be solved and they “go for it.” This can, however, be a huge mistake. The only way to really judge where your business is going and therefore […]
Good things come to those who wait. Will this proverb prove true for the new crowdfunding regulations that took effect today (May 16, 2016)? You can get all the details on the U.S. Securities and Exchange Commission website (SEC), but the main upshot of today’s changes is to open crowdfunding investments to non-accredited investors, meaning […]