FATCA & IRS
The Internal Revenue Service said Friday it has met a key milestone relating to the Foreign Account Tax Compliance Act, or FATCA, having begun exchanging tax information with certain foreign...
View ArticleFUNDING BUY-SELL AGREEMENTS
When it comes time to sell whole or part of your business based on the requirements of a buy-sell agreement, there are a few basic funding and financing options for alleviating the burden required to...
View ArticleWhy your health insurance company may ask for your Social Security Number
Your health insurance company may request that you provide the Social Security Numbers (SSNs) for you, your spouse, and your children covered by your policy. This is because the Affordable Care Act...
View ArticleHow working impacts Social Security Benefits
Continuing to work while receiving Social Security benefits may cause the benefit to be reduced below the anticipated amount. If you are under the full retirement age (currently 66), an earnings test...
View ArticleTitle III Of The JOBS Act
On Friday October 30th 2015 the Securities and Exchange Commission voted in favor of Title III of the JOBS Act giving non–accredited investors (those making under $200K a year in income or having a net...
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Explaining SOC
This article provides an overview of the SOC 1, SOC 2, and SOC 3 reports, explaining when and why to use each one. From SAS to SOC To best understand SOC reports, it’s helpful to know why the AICPA...
View ArticleSEC Proposes Amendments Related To Intrastate And Regional Securities...
On October 30, 2015, the SEC published proposed rule amendments to facilitate intrastate and regional securities offerings. This rule proposal comes following the September 23, 2015, Advisory Committee...
View ArticleStartup crowdfunding a Gamble
Allowing everyday Americans to invest in startups has long been the dream of advocates of so-called equity crowdfunding. Title III of the Jumpstart Our Business Startups Act, which became law in April...
View ArticleTrust is Everything…..
Trust is often touted as the cornerstone to a successful relationship–business or personal. The results from the American Psychological Association (APA)’s 2014 Work and Well-Being survey, aren’t...
View ArticleBring Your Talent
It is articulated in many different ways, but the same question is asked in almost every job interview: How will you help make our organization more successful? And though it too is expressed...
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Killer Restaurant: 6 Tips
Nearly half of all adults have worked in the restaurant industry at some point, and 46 percent of restaurant employees say they would like to own a restaurant someday. Clearly many people dream of...
View ArticleTax extender legislation introduced in Congress
A large number of expired tax provisions would be extended—some permanently—as part of the omnibus spending bill, the Consolidated Appropriations Act, 2016, that was introduced in Congress on...
View ArticleSix Overlooked Tax Breaks for Individuals
Confused about which credits and deductions you can claim on your 2015 tax return? You’re not alone. Here are six tax breaks that you won’t want to overlook. 1. State Sales and Income Taxes Thanks to...
View ArticleQualified vs. Nonqualified Dividends
Every investor hopes for a strong return on investment from their stock portfolio, but the truth is that dividends paid out from corporate stocks are not created equal. The way in which dividends are...
View ArticleRural Pub
A woman walked up to the bar in a quiet rural pub and gestured alluringly to the bartender who approached her immediately. She seductively signaled that he should bring his face closer to hers. As he...
View ArticleAccountant Joke
Larry gets home late one night and Linda, his wife, asks, “Where in the hell have you been?” Larry replies, “I was out getting a tattoo.” “A tattoo?” she frowned, “What kind of tattoo did you get?” “I...
View ArticleFatal Marketing Mistakes?
Mistake #1: Not Doing Any Marketing As with most service-based startup businesses, bookkeepers can fall into the trap of thinking that having years of experience and an alphabet of credentials will...
View ArticleGreat Leadership Traits.
When you think about the accomplishments of great business leaders, the scope of their achievements may seem intimidating. After all, they’ve made huge waves in the world of business, whereas you may...
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New Federal Overtime Rules: Do They Matter in California?
You might recall our post on how California’s new minimum wage plan will be affecting overtime. Well, now there’s a new set offederal overtime rules that kick in December 1, 2016. The Obama...
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