There’s much at stake for your company. Ask your attorney these ten questions so you don’t come up short when it counts. You’re a small company owner, not a business law expert. Still, you’ll need to be familiar with legal compliance matters, intellectual property regulations, taxes, business liability, and a myriad of other law issues […]
Launching a new enterprise is a formidable and hectic time. There is much to be accomplished and limited time to accomplish it. If you intend to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your new business up and running. Employer […]
An employee job termination is always uncomfortable, whether it’s for good cause or due to a business downturn. Workers who are fired or laid off often have bad misgivings about your business and some may act out their emotion in hurtful or violent ways, attempting to sabotage your company. Here are seven key steps that you […]
Accountants and Clients Online: Who Owns What Data? Joanie Mann is a recognized authority in the areas of ISV cloud enablement and ASP service delivery. While mobile smart device support and remote access to applications and data is becoming a standard requirement for most businesses today, the “online” working model goes a long way […]
We can think of seven immediate benefits to outsourcing your bookkeeping / accounting to Catalyst – Never hire – or fire – a staff bookkeeper again. Expert service for a fraction of your current costs. No extended contracts required – cancel any time. No minimum payments. No problems/costs of computers, furniture, absenteeism or other headaches. […]
Embezzlement is the theft of money or property from a company by a person who has access to the money or assets. Embezzlers frequently are the professionals you are least likey to suspect. “Firstly,” says QuickBooks expert Donna MacMillan, “whether you are just starting in your business or been in business for awhile, educate yourself […]
We should be flattered – one of our Small Business Intelligence Update (SBIU) got picked up by Nina Kaufman’s Small Business Legal Blog at Entrepreneur.com. – “Smart small business bookkeeping is the new sexy!” . Well it’s just common sense! Source: Nina Kaufman | Entrepreneur.com – Aside from the “two sets of books” scenario that provides the fodder for tabloid […]
One of the hardest parts of owning many types of small businesses is ensuring that you get paid, and timely. Many professional service providers and others have been there – we do the work, we invoice the client and then we wait…and wait…and wait…for our payment – all the while hoping and praying that we won’t need to […]
As a small company owner, sometimes you’re expected to be an expert in state law and compliance. Well then pay attention because this may affect you if your business is starting to reach across state lines or your company was formed and registered out of state. An area of continued mis-understanding surrounds “foreign-qualification” (Doing business in multiple […]
If you operate a small business and run it as a sole proprietorship, filing your taxes on a 1040 and a Schedule C, you may have at one time or another asked yourself if you should incorporate or otherwise change the business structure. You might want to employ one or more employees and/or manage your company growth, or […]
Fact: Sony was forced to shut down its popular PlayStation Network for weeks in April and May after a massive hacker attack targeting credit card information and other personal data compromised more than 100 million user accounts. The company was criticized for waiting a week to inform consumers of the hacker data breach, which was […]
A growing roster of associations representing small and closely held businesses are pressing leaders of the tax-writing committees in Congress to not omit them in any upcoming tax reform proposals. One letter, addressed to the chairmen and ranking members of the House Ways and Means Committee and the Senate Finance Committee, said they “… should […]
The IRS is pumping up the volume of audits of ‘rich’ taxpayers as part of a increased attempt to clamp down on tax evasion as well as so-called “legal tax avoidance.” According to the bureau’s latest update for the year ended Sept. 30, the percentage of taxpayers who were audited increased in every category of […]
Here’s a scenario for you: You’re the sole owner of a corporation and have no employees. Every once in a while you find yourself a bit short, so you let the company pay for some of your personal expenses, such as dry cleaning, spa treatments and house cleaning services. You’re not depriving a business partner […]
California Small Business Tax planning is a process of looking at various tax options in order to determine when, whether, and how to conduct business and personal transactions so that taxes are eliminated or considerably reduced. Many Orange County and San Diego small business owners ignore tax planning, and don’t even think about their taxes […]