6 Tips for Small Business Owners To Reduce Effect of Minimum Wage Increases

September 1, 2014 

6 Tips for Small Business Owners To Reduce Effect of Minimum Wage Increases

Recent legislation in thirteen states to raise the minimum wage, various increases in some cities across the country, and news that an executive order may soon mandate an increase on federal contracts, means small business owners will face yet another challenge to build, sustain and grow their business in a difficult economic environment.

oil-gas1

August 31, 2014 

Study: Oil & Gas Industry Creates 9.3 Million Jobs in U.S.

According to a new study just issued by the firm, the total economic benefits of the nation's increased oil and gas exploration and development activity translates into almost $1.2 trillion in gross product each year, including multiplier effects, and over 9.3 million permanent jobs.

Health-Insurance-Exchange-explained1

August 27, 2014 

Small Businesses Slow to Embrace Healthcare Exchanges

Unhappy with the choices her insurance broker was offering, Denver publishing company owner Rebecca Askew went to Colorado's small business health insurance exchange last fall. She found exactly what she'd been hoping for: affordable insurance options tailored to the diverse needs of her 12 employees.

 Traveling Abroad for Business? Keep These Deduction Tips in Mind

August 26, 2014 

Traveling Abroad for Business? Keep These Deduction Tips in Mind

As with domestic travel (i.e., travel within the 50 U.S. states and the District of Columbia), you can deduct all of your travel expenses if the trip is entirely for business purposes. Otherwise, you’re entitled to travel deductions only if the primary purpose of the trip is business-related. Again, the days spent on business versus…

Ken Berry, JD

 Business Expenses: Map Out Deductions for Travel in the U.S.

August 25, 2014 

Business Expenses: Map Out Deductions for Travel in the U.S.

It is well-known in tax circles that taxpayers can deduct the cost of traveling “away from home” on business. For this purpose, your tax home is usually your principal place of business. As an example, if you live and work in New York and fly to L.A. for a two-day whirlwind of business negotiations, the…

Ken Berry, JD