Everything You Need to Know About Comp Time


Did you know that one-third of private employers are at risk of an FLSA lawsuit because of comp time (or, formally, compensatory time) issues related to their employees? Operating a small business comes with countless responsibilities, many of which some business owners are completely unaware that can put them into major hot water over legal […]

The Ultimate Guide to IRS Tax Audits & How to Avoid An Audit

Knowing the ins-and-outs of the IRS auditing process can help you avoid an audit significantly.

Most people cringe when they hear the word audit. Going through the ropes and ultimately resolving an audit is no fun and could be costly, so it’s important to determine a plan of action to avoid being audited in the first place. What Is A Tax Audit? A tax audit takes place when the Internal Revenue […]

How to Effectively Craft a Top-Notch Business Plan

(Paid) Businessman making biz plan

Picture yourself in a place you’ve never been before. The charge on your smartphone goes dead. You don’t have a GPS or map with you, and you have no idea where to turn to ask for directions. Entrepreneurs starting their own businesses for the first time often experience this frightening, helpless feeling. Fortunately, there is […]

New Technology Can Help Small Businesses Thrive

Only half of U.S. small businesses survive more than five years, according to the U.S. Small Business Administration. This data underscores that small business ownership is no cakewalk. Beyond the classic entrepreneurial challenge of making and sustaining a profit, small business owners now struggle to find time and resources to adapt to new technology, say […]

7 Handy Payroll Tips for Small Business Owners

dollar signs

Having a proper handle on your payroll is essential. You don’t want to be overpaying your employees or contractors, and you certainly want to ensure you are staying compliant with the IRS when it comes to payroll taxes. So here are some helpful payroll tips for small business owners that you can apply to your […]

7 Ways to Improve Your Small Business in 2015

2015 sign

A new year is on the horizon, and that means new opportunities and the chance at a fresh start. For all of the motivated small business owners out there, 2015 is a perfect time to evaluate your enterprise from head to toe and make improvements as necessary. Here are 7 ways to improve your small […]

Music to Your Ears: Tax Tips for Musicians


Happy Saxophone Day! Whether you produce melodic sounds on a saxophone with your lips, strum beautiful chords on your acoustic guitar, or imitate Billy Joel’s “Piano Man” on your harmonica, here are 4 important tax tips for musicians that you should know about to keep more of your money and stay compliant with the IRS […]

6 Things You Can Do This Fall to Prepare for the 2015 Tax Season

Fall has finally arrived. Believe it or not, this means the 2015 tax season is only about 3 months away. Because filing your taxes with the IRS is probably not your most favorite activity, there are some steps you can take this fall to prepare for a stress-free filing season early next year: 1. Determine […]