In my USA Today column in November 2009—10 years ago—I proposed a new idea: a tax credit for small businesses who hire their very first employee. Throughout the last decade, I’ve repeatedly advocated this “first employee tax credit,” and now Senator Ron Wyden (D-Oregon) has introduced such legislation. “What this bill is all about is …
A Small Biz Halloween Quiz
Halloween is just around the corner, so I’ve got a “Trick or Treat” Small Business Quiz. When do you know whether something in your small business is a “Treat”—a real opportunity—or a “Trick”—a problem disguised as a chance to grow? Are these tricks or treats for your small business? (Answers below) Your top performing salesperson …
Independent Contractor? Not so Fast!
Your small business is booming. You need to hire help. But should your new hire be an employee or an independent contractor? Or… you’re self-employed, providing services to ride-hailing companies like Uber or Lyft. Are you an employee, covered by labor laws and your costs reimbursed—or should you be considered an independent contractor? As more …
