Employee background checks

One of my clients recently had to let go of an employee who had some unpleasant business in their background. Their hiring process are lax and they had no reviews are ever done on any of the employees.  I hope that they step up their process. For my lemonade stand,...

Multiple lines of passive income

What passive income streams have you set up for yourself?  If you haven’t done any yet, are you planning on doing any? I have some old insurance dogs and financial advisors, who wake up January 1, knowing that they will be making six to seven figures without really...

Planning for the future of your business

I am reading a biography of the Mars and Hershey companies and their namesakes who ran the businesses. In both cases they were seeming always looking to the future of their businesses.  In contrast, I have a client who is aware of a problem approaching in their...

Independent Contractor

The Dept. of Labor has finalized its new independent contractor rule. It will take effect March 11 and largely hews to the draft regs the agency proposed in Oct. 2022. The rule includes six nonexhaustive factors officials will use to determine whether a worker should...

Keeping track to the penny…

The recent changes over the past few years are making it ever more difficult to cheat on your taxes. This in one way is a good thing and in another a bad thing. Yes, everyone should be paying their fair share of taxes.  All income is taxable and needs to be reported...

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