Autumn brings falling leaves and … the gridiron. Football teams—from high school to pro—are trying to put as many wins on the board as possible to make this season a special one.
For best results, start your strategic planning early. Time flies when you’re having fun — and running a business. Although it’s probably too early to start chilling a bottle of bubbly for New Year’s Eve, it’s certainly not too early for business owners to start doing some strategic planning for next year. Here are some ways to get started.
Going green in the workplace is a great way to protect our earth and increase awareness of the importance of environmental sustainability. Implementing sustainable practices in your business can drive profitability, attract new customers, motivate employees, increase efficiency, and help to protect the environment. Here are some easy ways to encourage sustainability in your business and do your part to protect our planet.
Part of offering a defined contribution plan, whether a 401(k) or a 403(b) plan, is making sure that the money participants contribute from their paycheck is deposited in their retirement account in a timely manner. While this might seem like a relatively minor and simple task in the scope of a plan sponsor’s fiduciary duties, the Department of Labor (DOL) views non-compliance with remittance rules as a major issue, and missing deadlines for deposits—even by a couple of days—can carry significant penalties.
In today's world, we hear about cyber security breaches all the time. They impact businesses of all sizes, from corporate giants like Target and Equifax, to small local businesses. Malicious individuals can gain access to a private network through any number of weak points, causing real damage to the business and their clients—damage that is often extremely expensive to repair, and can be irreparable in terms of reputation.
As you may be aware, the IRS recently provided a safe harbor to determine when a rental real estate enterprise will qualify as a trade or business, and thus able to receive the 20% Qualified Business Income (QBI) tax deduction. This IRS notice states that a rental enterprise will be treated as a qualifying trade or business if the following three requirements are met: