3 Effective Tips for Managing Small Business Health Care Costs

The ACA is still the law, and if you have 50 or more full-time employees (FTEs), you’re still required to provide health insurance. But with rising health care costs, managing these fringe benefits can easily get expensive. So, it’s crucial to manage these costs to stay compliant with the law. The great news is that managing your small business health …

Is it Safe to Automate Your QuickBooks or Do You Need an Accountant?

QuickBooks is designed to run almost entirely on autopilot either on its own or with add-on apps. But remember that almost doesn’t count. QuickBooks automation can help boost your efficiency, but you still need that human touch. What QuickBooks Can Do QuickBooks is great for anything that happens repeatedly. This might be your sales, payroll, taxes, or monthly bills. For …

5 Ways That Fintech Can Shape the Future of Your Company

With the development of fintech (financial technology) over the years, a large number of improvements have been made to how the financial sector operates. However, the use of these newer types of technology is not just limited to banking institutions and other large financial enterprises. By adopting the latest improvements in machine-learning capabilities and efficient data exchange, businesses in a …

Invest in Yourself

Whether you’ve saved your cash for years or recently received a large boost in your salary, knowing how to invest your extra cash play an important role in how much additional money you can earn while you sleep. Stocks are typically one of the first investment options that come to mind, but stocks are hard to predict. Instead of dumping …

If You Are Desperate for a Loan, You Probably Shouldn’t Get One.

Business loans are resourceful for business owners to finance new businesses, support new product launches and keep the business operational. But applying for a business loan isn’t ideal when the decision is made in haste, especially due to a non-performing business partner or a business partnership that goes sour. When you feel desperate to make a business decision, that is …

Tax Considerations of Selling Your Business

Whether you’re selling your business to start a new venture or you’re looking to convert your equity in the business into cash, selling your business is often a viable idea. But there are a few key aspects that come along with the sale of a business, which can have tax implications. Here are some essential tax considerations to take into …

Starting a Business vs Buying a Business

If you’re thinking about owning your own business, you may have never thought about anything other than starting from scratch. Or you may feel like buying an existing business is cheating or out of reach. But the reality is that either option could be right depending on your needs. Cash Outlay For a small cash outlay, starting from scratch almost …

What You Need to Know About Crowdfunding and Taxes

Crowdfunding continues to be a popular way of raising money, but you need to stop and think before you jump on the bandwagon. As with other transactions, the IRS wants its piece of the pie, and you need to make sure you understand the tax rules to avoid an April surprise. Three Types of Crowdfunding There are three general categories …