by Leif Jensen | Oct 12, 2020 | Running a Business |
While Congress is still be debating the color of an orange, the SBA did something for small PPP loan holders. Both parties have stated that they believe that a complete streamlined forgiveness PPP plan should be made for loans of $150,000 or less. But there has yet...
by Leif Jensen | Oct 7, 2020 | Running a Business |
Illinois Department of Human Rights Beginning July 1, 2020, Illinois employers who have had an adverse judgment or administrative ruling related to sexual harassment and/or unlawful discrimination in the preceding calendar year shall disclose annually to the Illinois...
by Leif Jensen | Oct 5, 2020 | Running a Business |
Several large retailers have entered into product streams that are beyond their typical products or services for vertical integration. Walmart, Kroger and Albertsons have entered the milk business bottling business. They all use low priced milk as a loss leader to...
by Leif Jensen | Sep 23, 2020 | Running a Business, Taxes |
I have lots of clients who want their vehicles to be company vehicles, but they only use the vehicles for commuting back and forth to their offices and for other personal uses. So they don’t get to claim a business vehicle. They can get reimbursed for their business...
by Leif Jensen | Sep 21, 2020 | Running a Business |
“Failure is not to be feared. It is from failure that most growth comes.” Failure is usually the greatest fear of most entrepreneurs. That fear is exponentially increased especially if you are just starting your business and have a family to feed. Fear can be...
by Leif Jensen | Sep 15, 2020 | Investing, Retirement, Running a Business |
Yes, there are options for retirement plans for small owners and their employees. I have a SIMPLE set up in my office. But there are a number of options for small businesses to assist workers save for retirement: SEPs, SIMPLE IRAs, payroll deduction IRAs, profit...