For the love of your business
For the love of your business
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act bill into law, and taxpayers are still trying to figure out how it might affect them. This is especially true for business owners, as the most dramatic changes under the law are aimed at how businesses are taxed. We’ve highlighted the most […]
Read MoreWith today’s tuition costs at astronomically high levels, paying for a child’s college education can feel like extortion. If your child is an adult, you may have decided that it’s up to him or her to pay for tuition, but if you do want to help your adult child (or grandchild) with college tuition, there […]
Read MoreQ: What is Professional Liability Insurance and why do I need it? –Cautious Business Owner A: Dear Cautious: Business owners are probably aware they need liability insurance to shield their company from costly lawsuits. But not all liability insurance is the same, and it’s important to understand what types of coverage are available, so […]
Read MoreAll businesses big and small are responsible for protecting the personal and corporate data of their client base. This data can include everything from names and addresses to Social Security numbers and credit card account information. It’s not only good business sense to safeguard your customer data—it’s also a legal requirement. The Fair Credit Reporting […]
Read MoreThere are many reasons people decide to start their own business: to be your own boss, set your own hours, control the people and projects you work with. Yet the reality of business ownership isn’t quite as rosy—it’s one of the most stressful endeavors you’ll ever undertake. While running your own company will inevitably have […]
Read MoreIn 1988, Stroh’s Beer was one of America’s most impressive family fortunes, estimated by Forbes to be worth $9 billion in today’s dollars. Just two decades later, however, the massive beer empire, along with all of the family’s wealth, would disappear. Poor business decisions and bad investments were the primary cause of the company’s downfall. […]
Read MoreIf you’ve dreamed of leaving your company to your family but haven’t sufficiently included your business in your estate plan, that dream could become a nightmare for your heirs—and for your business’ team members and clients, too. To ensure your company is passed to your family in exactly the way you desire, you want to […]
Read MoreLast week, we shared the first part of our series on cryptocurrency risks and scams, and if you haven’t read it yet, you can do so here. In part two, we discuss two more common traps for business owners to be wary of in their digital currency dealings. If you are considering using cryptocurrency as […]
Read MoreQ: How Can I Spend Money to Make Money? -Business Owner A: Dear Business Owner: Great, and very important question. If you want to increase your top line revenue, you’ll likely need to increase your expenses as well. Not all expenses are bad. Shift into the question of how can you best invest money to have […]
Read MoreCryptocurrency is one of the hottest topics in today’s business sector. The first and most well-known cryptocurrency was Bitcoin. Launched in 2009, Bitcoin went from something only computer geeks and hackers talked about to a global phenomenon that’s transformed how the entire world views money. As of November 2017, a single Bitcoin was worth more […]
Read MoreUPDATE: The new tax bill has been signed into law, so for information on the bill’s final provisions and how they might affect you, refer to the article posted on 2/9/18. Due to its highly touted “business friendly” nature, the new Republican tax bill—which recently passed both the House and Senate—has been highly anticipated by […]
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