Benefits of Having Your Business Donate to Charity
To donate to charity might seem counterintuitive to those running a for-profit company. However, it is important to keep in mind that charitable giving can not only make a big difference to the recipients of your generosity, but it can also provide a net gain to your business. In addition to the potential tax advantages […]
Why You Might Want to Hire Someone to Be Your Registered Agent
If your business is registered with the state, you are required to name a registered agent at the time of registration or incorporation. A registered agent is the person who receives legal and tax documents on behalf of your business. You or other people in your business can serve as the registered agent, but doing so raises a few potential issues. To avoid those issues, you can hire an attorney or company to serve as your registered agent.
What Employers Should Know about Giving Gifts to Employees
Giving gifts to employees must be taxed and included on year-end tax forms unless they qualify as de minimis benefits, are presented as achievement awards, or are given with no business purpose.
Considerations for Filing Business Taxes
For most entrepreneurs, filing business taxes is a daunting but necessary task. The complexities of tax preparation often lead business owners to procrastinate or neglect proper record keeping and tax deadlines. Nevertheless, following these basic steps can simplify the process and guide you as you prepare to file your business tax return. As a business […]
Considerations for Paying Employees: What to Know about Setting Wages and Salaries
woman paying employees
How You Can Keep Customer Data Safe
In today’s data-driven world, small businesses often find themselves in possession of sensitive customer data. As the collection of data increases, customers grow more suspicious of the means and methods used to collect and store data. In response to this growing concern, we are seeing increased legislation pertaining to the collection, storage, and distribution of […]
How to Start an Ecommerce Business
If you have ever considered starting an ecommerce business, now is a great time to move from ideation to action.
When Should I Think About Selling My Business?
Selling a business requires many of the same steps that it takes to build a business. You need to plan, execute a strategy, and in some cases, benefit from good timing.
Complying With Estimated Quarterly Taxes
Not everybody who earns self-employment income needs to pay their taxes quarterly, but if you need to make estimated tax payments, knowing the deadlines is essential.
Legal Considerations When Hiring an Intern
Interns can receive hands-on training in their field of interest while assisting your company in reaching its goals. However, it is important to keep in mind the various legal considerations and requirements associated with this specific type of hire.
