You Don’t Have a Business Plan – Why?
A business plan helps counterbalance your emotional response to your business so that you can step back and take an objective look at the following: A business plan also helps …
IRS Provides Guidance on Schedules K-2 and K-3
The IRS has provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new schedules K-2 and K-3 to further ease the change to …
Are Your Employees Really Employees?
Do you have employees or independent contractors? It’s not always an easy question to answer, but the IRS insists you get it right because there’s a huge difference in how …
What To Know Before Signing a Business Lease
Looking for premises for your business? Don’t be in a hurry! A business lease requires some research. You need to make sure the space works for you. Before you’re ready …
Are Financial Forecasts Reliable?
There are many types of financial forecasts, but they fall into two categories: quantitative and qualitative. To understand the pros and cons of any forecasting method, you’ll first need to …
IRS Offers Guidance on ERC
The IRS has issued guidance for employers regarding the retroactive termination of the Employee Retention Credit. The Employee Retention Credit now applies only to wages paid before October 1, 2021, …