VOLUME 6 2022

Summer is here, and that means graduation and the end of the school year, vacations, stormy weather, seasonal jobs… and all the tension these things can cause. This month, we have some advice to help make your summer a little less stressful.

You’ll learn about saving money on your vacation by planning a mixed-use trip, some post-graduation financial considerations, and the regulations around hiring minors. We’ve also gathered a few tips for preparing your business for weather emergencies and some advice for dealing with stress and burnout. You’ll also hear from Padgett clients Tommy and Adam Waller about the importance of having a “why”.

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Planning a tax-deductible trip

With a little careful planning, you may be able to mix some leisure time in with your business travel and still get a tax deduction.

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Graduation Season is here! Now what?

If you or your child is graduating this year, you’re likely caught up in a swirl of pomp and circumstance. But have you considered how graduation may affect your finances?

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How to hire kids for the summer (including your own!)

If you want to hire some seasonal help or even let your own kids help out with your business, it’s important to know the regulations around youth in the workplace.

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5 Tips to safeguard against summer storms

Temperatures are rising and storms are likely to increase in frequency. Unpredictable weather can damage both physical and digital property. Are you and your business prepared for an emergency?

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Tommy & Adam Waller find their “why” with support from Padgett

For Adam and Tommy Waller, starting a business was not part of the plan. But when the two brothers created The Oyster Bed, the "why" was central to their entrepreneurial journey.

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8 Tips for reducing business owner burnout

More than 40% of business owners are struggling with burnout and their mental well-being. Remember to pause and take stock of your own health—especially your mental condition.

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About Padgett

At PADGETT BUSINESS SERVICES®, we know the stresses of running a business can keep owners awake at night. Your business is your livelihood — and quite possibly the livelihood of your employees — so it’s no wonder it’s always on your mind. PADGETT is here to help. We offer tax, accounting, payroll and advisory services that can help your business reach new heights, allowing you to rest easy.

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ADVISORY

PADGETT BUSINESS SERVICES® is dedicated to meeting the accounting, tax, payroll, compliance and advisory needs of small businesses. This publication is intended for informational purposes only and should not be construed as tax or legal advice. Such information is by nature subject to revision and may not be the most current information available. You should seek advice from a PADGETT BUSINESS SERVICES® representative or an independent advisor before acting on any of the information contained in this document. Each office is independently owned and operated.