Recent Posts by skol

The Skinny on Small Business Employee Benefits

As a small business owner, you must compete to attract quality employees against large corporations that can often afford to offer higher salaries for similar positions. One of the ways to stand out is to offer employee benefits that even the playing field. If you are looking for a way to differentiate yourself as an…
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Internet Sales Tax and Small Businesses

The recent Supreme Court ruling in South Dakota v. Wayfair has been heralded as a win for brick-and-mortar businesses. The bigger impact will be on how internet businesses must operate going forward. How will these changes impact your business? (more…)
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New Financial Reporting Standards for Not-for-Profit Entities

New financial reporting standards are here for Not-for-Profit (NFP) Entities. The Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) No. 2016-14 to update the current financial statement model. The standard is effective for annual financial statements issued for fiscal years beginning after December 15, 2017, and for interim periods with fiscal years beginning…
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What New Businesses Need to Know About Taxes

The subject of taxes often elicits a groan from those who must deal with them; especially those starting a new business. Taxes can be complicated, very involved, and on top of that, they change every year. The requirements of federal, state, and local taxes are all different and need to be sorted out. It’s no…
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