December 1, 2019 -- Volume 18, No. 12
Savvy Strategies for Online Advertising

According to the Small Business & Entrepreneurship Council’s The Digital Boost to Startups and Small Businesses: Online Advertising Delivers BIG Benefits, online advertising is a game changer for small businesses.
Estate Tax Planning for Business Owners

The value of an ownership interest in a business may be worth a lot by the time an owner dies. For heirs, whether this interest is diminished by estate taxes depends on the situation…how valuable that interest is and when the owner dies. For planning purposes, things are very confusing. Let’s try to sort them out. Read More
What You'll Want to Know About Gen Z

Those born between 1995 and 2009 (depending on the source) are referred to as Gen Z (Generation Z) and some of them are now becoming part of the job force. As an employer, it’s helpful to recognize that as a group there are certain characteristics that distinguish them from the prior generation (Millennials born between 1980 and 1994). This may help you better handle your staff. And even if you aren’t hiring, knowing more about this group can help you better market to them.  Read More
Developing Leadership Qualities: Taking Responsibility

President Harry Truman summed up leadership with his deck sign that said: “ The Buck Stops Here .”
As the leader of the country, he knew he had to take ultimate responsibility for everything that happened. As the leader of your business, you should follow suit.
Lining Up Your Employee Benefits Program for 2020

What you offer depends on what your company can afford, so check your budget and line up what to offer employees in addition to any salary or wage increases you may make. Keep in mind that most employee benefits are not subject to payroll taxes (look at the chart on page 6 of IRS Publication 15-B), so offering them is less costly than merely increasing wages. The following is a list of some key benefits to consider and the limitations that apply for 2020. Read More
Hiring Remote Workers: Benefits and Burdens

Telework is a prevalent practice these days, especially for work that can easily be done remotely (e.g., business consulting, marketing, and programming). ... If you are thinking about engaging employees to work offsite, be sure to understand how it can benefit you and your employees. But don’t ignore some of the complications for this work arrangement.
Business and Tax Rules for Veteran Entrepreneurs

Here are some business and tax rules unique to veterans. Veterans Day, November 11, is a federal holiday that has come to be a day for honoring veterans in all wars. National Veterans Small Business Week runs from November 4 through 8, 2019, as a celebration of veteran-owned businesses. Read More
Thanksgiving 2019: What Are You Grateful for?

In the midst of the Civil War in 1863, by proclamation President Lincoln scheduled a national holiday of Thanksgiving. Here’s an excerpt from the proclamation: Read More
SBT 2020
The New Tax Books for the 2020 Filing Season Are Here!

This is the small business owner's ultimate guide to a money-saving, stress-free tax season.

You can now purchase your copy from Amazon!

1001 Deductions 2020

This is the complete and thorough guide to reducing your tax burden. By listing every possible deduction and credit available to individual taxpayers, this book can help you achieve substantial savings on your 2019 tax return. 

Remember, both of these books include e-supplements covering additional developments from Congress and the IRS to keep you fully up-to-date.

The 2020 Edition is available for purchase from Amazon now!

What every self-employed person needs to know about their taxes!
This second edition helps you file your taxes correctly, accurately, and on time.

You can pre-order now -- available for purchase from Amazon on December 12!
Wage Withholding Issues You MUST Consider for 2020

As you begin to prepare for the coming year, factor in changes impacting withholding from employees’ wages. As a result, you likely need to change your procedures and make adjustments to your budget for 2020.
Steps to Take Before You Prepare Your Taxes

Use these tips to make your tax preparation as smooth as possible.
The federal government estimates that 60% of individuals use paid preparers to complete and submit their tax returns. If you are one of these people, it is important to start preparing your documents right away to expedite your tax return.
Take Advantage Now of Expiring Provisions

Several tax breaks that are available in 2019 are set to expire soon, which means that now is the time to act if the tax breaks benefit your company.
Recommended Reading
An eBook for Ride-Sharing Drivers!

Harvey Bezozi and I created an e-Book for Uber and Lyft drivers as the GPS to help them get where they want to go in their business, safely and securely.
You can find The Uber and Lyft Driver’s Guide to Running Your Business, Kindle Edition, on Amazon today!

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