261 Search Results Found For: "Weltman"

WELTMAN: What to Do if You Fall Behind on Tax Payments

BY BARBARA WELTMAN- If you are an employer, you are required to deposit your employment taxes on a regular schedule that’s dependent on the usual amount of the deposit. Most small businesses are on a monthly deposit basis, which requires employment taxes to be deposited by the 15th day of the following month. But what happens if you […]

WELTMAN: New Employee Benefits to Consider

By Barbara Weltman – Anne M. Mulcahy, former CEO of Xerox, said: “Employees who believe that management is concerned about them as a whole person – not just an employee – are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability.” In this tight labor market, employers are looking for […]

WELTMAN: Strategies for Managing Multiple Businesses

by Barbara Weltman –  Entrepreneurs, by definition, are entrepreneurial. They don’t necessarily limit their business activities to a single endeavor. Some may have one business venture after another—serial entrepreneurs. Or they may run various business activities at the same time. How to handle having different activities simultaneously impacts business operations, legal matters, and, of course, […]

WELTMAN: Tax Credits Ending Soon – What to Do

BY BARBARA WELTMAN –   Two weeks from now, on September 30, 2021, a number of business tax credits end. Others are scheduled to expire at the end of the year. Of course, any of these credits may be extended by Congress. But in case they aren’t, here’s a list of business-related tax credits (and a […]

WELTMAN: PLAN YOUR HOLIDAY SALES STRATEGIES NOW

by BARBARA WELTMAN –  Kiplinger forecasts that the child tax credit payments being sent to parents each month from July through December will support more consumer spending at holiday time this year. Nonetheless, Clutch predicts that will be much harder for small businesses to compete with large companies (last year the top 100 online retailers accounted for 74.1% of […]

WELTMAN: Lending Money to Your Business – What to Consider

BY BARBARA WELTMAN With the pandemic waning, the time for government assistance programs ending, and the economy growing, your business may need money now. Additional financing may be useful to expand your activities, hire additional employees and increase compensation and employee benefits, or just to pay for the rising price of inventory or other items […]

WELTMAN: COVID-19 VACCINATIONS AND YOUR WORKPLACE

BY BARBARA WELTMAN The federal government has told us that the more…and more quickly…people get COVID-19 vaccines, the faster the pandemic will disappear because of herd immunity. There are already favorable signs that the spread is slowing down. But employers may be wondering what they can or should do about their company policy and vaccines. There […]

WELTMAN: 10 THINGS TO KNOW ABOUT BUSINESS MEALS

BY BARBARA WELTMAN 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 […]

Weltman’s Go To Tax Guide for Small Business Owners and Their Advisors

by Barbara Weltman- For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to-tax-guide for owners and their tax advisors. The J.K. Lasser’s Small Business Taxes 2021 edition for preparing 2020 returns as well as tax planning for 2021 has been updated to incorporate COVID-19-related and other new laws, court decisions, […]

Weltman: What to Know About the Federal Overtime Rule

The federal overtime pay rule takes effect January 1, 2020 By Barbara Weltman- If certain employees work more than 40 hours in a workweek, they must be paid time and a half. This requirement can’t be avoided in most cases by giving workers comp time. A federal overtime pay rule that becomes effective on January 1, 2020, […]