Outlook: Strong Future for Female Entrepreneurs
According to data from 2015, over nine million U.S. businesses are now women owned. However, there are still hurdles women face as entrepreneurs, generally unique from their male counterparts. In a recent article for Business News Daily, Paula Fernandes puts forth seven challenges faced by women entrepreneurs. Interviews with female CEOs are incorporated to offer…
How to Protect Your Customers’ Data
Cyberattacks have reached a critical level, hitting unprecedented numbers last year. It’s estimated that data breaches were up 40% in 2016. A common misconception is that these attacks only happen in the banking or healthcare industries, or only to retail giants. The reality is that all businesses are at risk. Sometimes, cybercriminals will go after…
Reduce Your Risk of an IRS Audit
The IRS audit is every taxpayer’s fear, even those who are honest and diligent. However, IRS audits are less common than many Americans believe. The likelihood of an audit does tend to increase with a taxpayer’s income. Those earning under $200,000 per year have a .76% chance of being audited; taxpayers earning over $1 million…
Would You Consider a Co-CEO?
Are you someone who prefers being in charge, and is comfortable handling all the responsibilities of being CEO, or are you someone who could benefit from sharing the load with another capable leader? Author Gwen Moran explores this topic in her article, “Are Co-CEOs A Great Idea Or A Total Disaster?” It turns out, having…
Business Leader’s Recipe for Success
As a business leader, there are so many aspects that need your attention. So where do you focus your energy? In a new article from Inc. magazine, entrepreneur Martin Zwilling gives tips for becoming an effective and successful business leader. “Move from leading tasks to managing relationships,” Zwilling advises. “Some leaders are so focused on…
Tax Refunds: Myths vs. Facts
Would you know a tax myth from a tax fact? As tax season approaches, there are many myths swirling around about the IRS, tax returns, tax deduction, and anything tax-related. How do you know what to believe? Your CPA is always your best resource for any of these questions, but here are a few myths…
Tax Tips for the Multi-generational Home
The multi-generational home is making a comeback. It’s not just Millennials who are moving back with their Generation X parents. In addition, Generation Xers are welcoming their Baby Boomer parents into the household. There can be many benefits to this living arrangement. The recent uptick began when the recession hit, but families are now choosing…
Taxation: Your Business and the Trump Administration
Tax reform was a central focus during President Trump’s campaign, and it is expected that he will make this a priority, now that he’s taken office. How could potential changes affect the taxation of business income? A new report from Journal of Accountancy provides some insight. It is not known how and when these changes…