Category: Business

Chances are you’ve heard of meditation before.  The word meditate, according to the Merriam-Webster Dictionary, simply means, “to engage in contemplation or reflection.”  The practice of meditation makes time for a specific […]

Too many businesses have experienced fraud first-hand. Those who survived the theft are quick to implement accounting more stringent accounting controls. Below are 10 tips for best practices related to […]

In June 2018, the U.S. Supreme Court decided South Dakota v. Wayfair. The ruling essentially stated that (subject to limitations aimed to protect small businesses) an economic presence in a jurisdiction, […]

As noted in a September 24 statement, the Department of Labor has updated “the earnings thresholds necessary to exempt executive, administrative or professional employees from the FLSA’s minimum wage and […]

If you run a business, you need to know about the following forms. Form W-2  Employers must complete a Form W-2 for each employee. These wages and taxes are reported […]

Starting in July 2020, the District of Columbia’s Paid Leave Act will provide up to eight weeks of parental leave to bond with a new child, six weeks of family […]

On March 7, the Department of Labor released a proposed rule that would raise the so-called salary-level threshold for white-collar exemptions to $35,308 per year from $23,660. This means that […]

You can be self-employed as a sole proprietor/an independent contractor, or a member of a partnership or of a limited liability company. As such, you need to file an annual […]

How do you take an idea and create a profitable business?  Here are some points to consider while planning your business and as you begin operating. Lay the proper groundwork […]

You can be self-employed as a sole proprietor, independent contractor, or member of a partnership or limited liability company. As such, you need to file an annual income tax return […]

Crowdfunding is the process of getting a large crowd of people to each pay a small amount of money to invest in an idea or product, typically with a tangible […]

Form W-4 helps employers determine how much federal income tax to take out of their employees’ wages. On the form, employees state their withholding conditions, such as filing status, number […]