by Leif Jensen | Jan 29, 2018 | General |
If you have a side business, there are things you should be doing to ensure that the business is not a hobby. A ranching operation that lost millions is not a hobby, according to the Tax Court. A man who ran the venture in addition to his day job as an economist is...
by Leif Jensen | Jan 24, 2018 | General |
Huzzah! Small employers get guidance on health reimbursement arrangements. A 2017 law lets eligible firms, defined as those with fewer than 50 employees that don’t offer group health insurance, to reimburse workers for health insurance and medical expenses if they...
by Leif Jensen | Jan 23, 2018 | General |
When I meet with clients, I like to take a holistic approach to their business. Yes, we review their Financial Dashboard: reviewing the various metrics, as well as the prior year comparisons and industry comparisons if pertinent. But I also spend time discussing...
by Leif Jensen | Jan 22, 2018 | General |
Barkly.com in 2017 shared the following information on small business cyber-attacks. Small to medium sized businesses typically pay the ransomware for the release of their data. The average ransom demand was $1,077 22% of the businesses that experienced the ransomware...
by Leif Jensen | Jan 17, 2018 | General |
We had a call come in from someone we did not know. They were unemployed for over a year, but received health insurance from the ACA exchange. They were getting the subsidy and did not want to have to pay it back. So they were looking for ways to show income without...
by Leif Jensen | Jan 16, 2018 | General |
I was at a seminar and during it the Symantec 2017 survey of “Industry Cyber Targets” was shared. This is the top 10 sectors breached by the number of incidents; the data was based upon 2016 occurrences. Rank Industry Breaches Percentage 1 Services 452 44.2% 2...