by Jonathan Bill | Jan 23, 2024 | Small Business
There is a new federal regulation impacting tens of millions of small businesses this year, and you need be aware of it. The U.S. Department of Treasury now requires most small companies to hand over details about their ownership via the Beneficial Ownership...
by Jonathan Bill | Sep 27, 2023 | Small Business
As the owner of a small business, you have two basic options for how to pay yourself: Drawing money from your business bank account or paying yourself a regular salary. But beyond that, it gets a bit complicated. Some business entity types have restrictions on how...
by Jonathan Bill | Mar 27, 2023 | Small Business
Don’t be passive about your accounts over $250K The collapse of Silicon Valley Bank (SVB), followed closely by Signature Bank, earlier this month has a lot of small businesses and startups doing some self-reflecting on the way they manage their finances. Many...
by Jonathan Bill | Oct 10, 2022 | Personal, Small Business, Tax Season
The leaves are falling and the weather is getting cooler … time to start thinking about year-end tax planning! If you’d like to meet with Jackie or Mimi to discuss any changes to your business or personal situation, please contact us to schedule an appointment....
by Jonathan Bill | Sep 18, 2022 | Biz Taxes, Small Business
As we enter the last quarter of 2022, now’s a good time to think about taking full advantage of any tax benefits that may apply to you and your small business. Keep these deductions in mind: Enhanced Business Meal Deduction Through the end of 2022, you can generally...
by Jonathan Bill | Aug 13, 2022 | General Info, Personal, Small Business
As a business owner, you may hire both employees and independent contractors. This is especially true if some of your staff work from home. But you need to know the legal differences between the two so you can classify your workers correctly. Employee vs. Independent...