The new tax plan is a jolt for business, and not just corporate giants. Small businesses and other ‘pass-through’ entities are also benefiting. In an article from Dallas News, author Tom Benning writes, “And while Republicans are staking that high-dollar tax cut on helping smaller businesses — with Jenkins, among others, planning to invest in…
As an entrepreneur, if you are considering venture capital to fund your startup, be sure to study the state of your current market. In an article from Entrepreneur, author Jayson DeMers writes, “For the past several years, the total dollar amount of VC given to startups has increased significantly, with venture capitalists showing increasing interest…
As 2018 begins, business owners are paying close attention to the trends that will impact their businesses. In an article from Fortune, author Alan Murray discusses five trends that he will be watching: Recession watch AI Advances The tech backlash The CEO Statesman A changing workplace for women How will these five trends impact your…
Directing changes can be a difficult task for any business leader. As the business world evolves, what are some ways that companies are keeping up with the changes of consumers? In an article from Disruption Hub, author Sally Henderson writes, “We are living in a world with unprecedented levels of change. Advances in technology, changes…
As tax reform begins in America, many businesses might want to consider filing as a C corporation. In an article from Inc., author Zoe Henry writes, “Most U.S. small businesses currently don’t qualify for the reduced corporate tax rate. The majority of small enterprises are structured as pass-through entities such as limited liability companies or…
The IRS has released their updated optional standard mileage rates for 2018. These rates are used to calculate the deductible cost of operating an automobile for business, charitable, medical, or moving purposes. As of January 1, 2018, the standard mileage rates include the following: Driving for business use of a car, van, pickup truck, or…
The Tax Cuts and Jobs Act, which was passed in both houses of Congress, was signed into law by President Trump on December 22, 2017. The majority of the provisions contained in the sweeping reform legislation went into effect January 1, 2018. Items Affecting Individuals: Tax Rates – The act keeps the seven tax brackets…
With the widening talent gap in technology, it will be increasingly difficult for businesses to find an employment standard. In an article from Disruption Hub, author Laura Cox writes, “As enterprises inevitably enter the digital age, employment requirements are changing. Unfortunately, the workforce often seems to be playing a game of catch up. The tech…
As the holiday season nears, be on the lookout for email phishing scams that could access your personal data and taxes. According to an article from CPA Practice Advisor, “The most common way for cybercriminals to steal bank account information, passwords, credit cards or Social Security numbers is to simply ask for them. Everyday, people…
Bitcoin has made headlines in the past week as the value skyrockets. How are world leaders responding to the cryptocurrency? In an article from Business Insider, author James Stafford writes, “Cryptocurrency may be one of the biggest threats to governments, security and the entire financial system that we’ve ever seen. It can help fund terrorism…
