Tag: adviser
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Are Your Employees Ignoring Their 401(k)s?
For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees often grow so accustomed to having a 401(k) that they don’t pay much attention to it. It’s in your best interest as a business owner to buck this trend. Keeping your employees engaged with their…
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The Fine Line Between a Small Business & a Hobby
It’s a matter of work vs. fun, right? No, the difference – at least from a tax perspective – is that you can fully deduct business expenses from income. Under the new tax law, you can’t deduct any hobby expenses. No single factor is determinative, but you’re probably operating a business if: You have a profit motive.…