Here are some of the key Q2 tax due dates / deadlines for this 2019 tax calendar year. This applies to businesses and other employers during the second quarter of 2019. Keep in mind that this Q2 tax due dates list isn’t all-inclusive. Additional deadlines may apply to you and your business. It is best … Continue reading “2019 Tax Calendar: Q2 Tax Due Dates for Businesses and Other Employers”
Month: March 2019
An Implementation Plan Is Key To Making Strategic Goals A Reality
In the broadest sense, strategic business planning comprises two primary tasks: establishing goals and achieving them. Many business owners would probably say the first part, coming up with objectives, is relatively easy. It’s that second part, accomplishing those goals, that can really challenge a company. The key to turning your strategic objectives into a reality … Continue reading “An Implementation Plan Is Key To Making Strategic Goals A Reality”
Using Knowledge Management to Develop your Succession Plan
As the old saying goes, “Knowledge is power.” This certainly rings true in business, as those who best understand their industries and markets tend to have a knack for staying on top. If that person is a company’s owner, however, great knowledge can turn into a vulnerability when he or she decides to retire or … Continue reading “Using Knowledge Management to Develop your Succession Plan”
Retirement Plans for Self-Employed: Simplified Employee Pensions (SEPs)
If you own a business, retirement plans for self-employed is essential. Best of all, there is still time to reduce your 2018 tax bill with a tax-advantaged retirement plan! One of the best retirement plans for small business is a Simplified Employee Pension (SEP). Best of all, it can still be set up for 2018, … Continue reading “Retirement Plans for Self-Employed: Simplified Employee Pensions (SEPs)”
Leasing or Buying Equipment: Which Option is More Tax Efficient for Your Business?
Recent passing of the Tax Cuts and Job Act has created many new tax rules for small businesses. This includes the decision as to whether to leasing or buying equipment or other fixed assets. There is no actual universal “right” choice between buying or leasing. However, many businesses that formerly leased assets are now deciding … Continue reading “Leasing or Buying Equipment: Which Option is More Tax Efficient for Your Business?”
401k for Employees
For many businesses, offering a 401k for employees is no longer an option. Believe it or not this has now become a competitive necessity! However, employees often grow so accustomed to having a 401(k) that they don’t pay much attention to it. It’s in your best interest as a business owner to buck this trend. … Continue reading “401k for Employees”
Beware the Ides of March — If You Own a Pass Through Entity
Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or S corporations for tax purposes. Why? The Ides of March, more commonly known as March 15, is the federal income tax filing deadline for these pass through entities. Not-So-Ancient History … Continue reading “Beware the Ides of March — If You Own a Pass Through Entity”