Obamacare Delay: What It Means for Small Business

Barak Obama’s administration unexpectedly announced in late June 2013 that implementation of new “Obamacare” health law penalties would be delayed for at least a year. The penalties, originally slated to start January 1, 2014 (see a discussion here),...

Legalities to Consider When Starting a Home Based Business

According to the Small Business Administration (SBA), nearly 80 percent of small businesses in the United States are one-person operations, and many of those are home based businesses. Here are some legal tips for ensuring you and your business are protected if you...

Obamacare SHOP Hits Logistical Speed Bump

The so-called Obamacare Small Business Health Options Program (SHOP) hit a logistical speed bump as the U.S. Department of Health and Human Services (HHS) has now revealed that small business owners will only have one health insurance plan option to offer employees...

Small Business Tax Reform Proposal Includes Drastic Changes

Representative Dave Camp (R-MI), the chairman of the House Ways and Means Committee and one of Congress’ top tax lawmakers, has released his proposal for small business tax reform and it contains a number of drastic changes to the current code. A Forbes article takes...

Five Small Business Tax Tips

According to data from the Small Business Administration (SBA), more than 79 percent of small businesses have no employees, meaning that a vast majority of small business owners handle all aspects of their business on their own. And when tax season rolls around, it...