May 1, 2021 -- Volume 20, No. 5
Privacy Issues in the Age of COVID-19

Privacy issues concern your employees, your customers, and your company information. While the pandemic is waning, many of the business practices adopted in the past year will continue to be used. These include remote work arrangements, teleconferencing, and, by for companies, new research and development. These practices present privacy issues that should be addressed. Read More
Recovery Strategies: Revising Your Business Plan
In the past year, business owners have focused on survival mode. They’ve had to adapt to government-imposed restrictions, changes in consumer habits, and supply chain disruptions. Now that the economy is getting back to some sort of normal, it’s time for business owners to review and rethink their business plans. Read More
Earth Day 2021 and Your Business

Long before climate change entered the vernacular, environmentalism was alive and well. Earth Day started more than 50 years ago to raise awareness of environmental dangers; the annual celebration continues today. Read More
10 Things to Know About Business Meals

You gotta eat, right? But when it comes to meals, what’s business and what’s personal? If it’s personal, nothing is deductible, but if it’s a business meal, how much is deductible? The federal income tax rules are very confusing and were made more so by a temporary change under the American Rescue Plan Act. Here are 10 things to help you navigate the complexity of tax rules. Read More
Revisiting Your Driving Policy

With employees getting back to the office and other locations, company policies regarding business driving as well as employee commuting deserves another look. This is especially true in light of new technologies and other changes in employee behaviors.  Read More
Spring Cleaning for Your Business

“It was one of those March days when the sun shines hot and the wind blows cold: when it is summer in the light, and winter in the shade,”
said Charles Dickens.
It’s the start of Spring and a time that’s ideal for cleaning things in your business. ...You may think that this activity is just another tedious chore. But if you keep in mind the benefits to be derived, you’ll be highly motivated to proceed. Read More
What You Need to Know About the Employee Retention Credit

As part of the CARES Act last year, Congress created a new tax credit to incentivize employers to keep workers on the payroll during the pandemic. The employee retention credit is an offset to certain payroll taxes; it is not an income tax credit (although there is a similar income tax credit explained later). ...Because of modifications by the different laws, the rules are very confusing. Here’s what you need to know about the employee retention credit. Read More
Figuring Your Estimated Taxes for 2021

The first installment of estimated taxes for 2021 was due April 15, 2021. This deadline applies even though the due date for filing 2020 individual income tax returns has been extended. A previous blog addressed some aspects of estimated taxes—when to pay them and what they need to cover. The following are some special issues to consider for estimated taxes in 2021.
Are Taxes a Joke?

Are taxes a joke? Certainly not when you have to complete a tax return and pay the taxes. But over the years, there have been many humorous quotations regarding taxes. On April 15, typically “Tax Day” (although the due date for filing individual income tax returns for 2020 has been postponed to May 17, 2021), here are 25 quotations, in no particular order, to amuse you. Read More
Employers: Take Note of the American Rescue Plan Act
On March 11, 2021, the American Rescue Plan Act of 2021 became law. This new law made numerous tax-related changes impacting individuals and businesses. If you are an employer, be sure to note the following changes applicable to you.
What You Need to Know About the Employee Retention Tax Credit
As part of the CARES Act last year, Congress created a new tax credit to incentivize employers to keep workers on the payroll during the pandemic... 
Because of modifications by different laws, the rules are very confusing. Here’s what you need to know about the employee retention credit. 
Pleased to share my latest eBook!
500+ Big Ideas for Your Small Business
Ideas You'll Use Everyday!
by Barbara Weltman
Whether you’re a seasoned entrepreneur or just starting out, you’ll find actionable ideas to help you with your finances, your operations, your staff, your marketing, your taxes, your technology, your environment, and your personal growth.
The 2021 tax books are
available for purchasing on Amazon!

Small Business Taxes 2021 helps small business owners maximize their bottom line with straightforward, yet comprehensive guidance from the most trusted name in tax.
Details concerning the SECURE Act and the CARES Act are included in both tax books

The complete guide to all deductions and credits for individual taxpayers J.K. Lasser's 1001 Deductions and Tax Breaks shows you just how much money you can save on your taxes--legally--simply by taking advantage of what's out there.

I'm delighted and honored to be included in this list (updated January 2021).
Building a successful business is tough, but you’re not alone. Follow these 10 women entrepreneurs for smart tips, tools, and resources.
Also, honored to be recently featured in this LinkedIn article:
"SMB Insights on Tap: 8 Experts to Follow"
You can learn more and discover some great resources in this article.
More Resources You Won't Want to Miss!
Running a business presents challenges, not least of which is cash flow. Cash flow is a problem for many people, but businesses have their own issues. How can business owners make the most of their cash flow? Listen here to my recent conversation with Doug Goldstein as we discuss this critical issue.
HBM Home-Based Business Start-Up Guide
Delivery Driver Tax and Business Guide
New eBook 2020
"Big Ideas for Recovering and Reimagining Your Small Business"
Providing ideas and resources you can use now to get your business up and running again and reimagine your business for increased success.