FOCUS

    FOCUS

    A Small Business Newsletter

    Welcome to FOCUS! Designed for small businesses, this bi-monthly newsletter delivers innovative ideas for building a stronger, more profitable business.



    2017

    Feb/Mar

    Inside this issue:
    • Top Budgeting Tips for Your Small Business
    • Increase in the de minimis safe harbor for tangible property helps small businesses
    • Get the lowdown on Roth 401(k) plans
    • An IRS audit isn't the end of the world
    • How to limit risk when personally guaranteeing a business loan

    Apr/May

     

     

     



    2016

    Aug/Sep

    Inside this issue:
    • How will the new fiduciary rule impact your business?
    • On the right path - Adjustments to depreciation rules
    • Be smart: Plan for a secure retirement
    • Second time around: Financial planning when marrying again
    • Stay on top of new lease accounting guidelines

    Oct/Nov

    Inside this issue:
    • LinkedIn: Using your profile for social selling
    • Preparing for the new overtime rules
    • Your loss can be your gain: Leveraging tax liability in stock trading
    • Beware of fake charities
    • 3 year-end tax-planning tips for business owners

    Year-End

    Inside this issue:
    • Run your financial statement general ledger for you (not Yyur CPA)
    • Choosing between a calendar year and a fiscal year
    • Do you know the tax impact of your collectibles?
    • 8 questions to ask before opening a second location
    • How to manage windfall

    Feb/Mar

    Inside this issue:
    • Fiduciary Checklist - Three steps you need to address
    • The ins and outs of valuing a business
    • Don't ignore the DPAD - it may work for you
    • Dealing with the uncertainty of Social Security
    • To catch a thief: How you can recover your stolen tax identity

    Apr/May

     Inside this issue:
    • Computer Safety and Standard Troubleshooting for Everyone
    • Making the most out of your company's financial statements
    • Watch out! Tax return changes are just around the corner
    • Teach kids the ABCs of the almighty dollar
    • Is it time to choose housing options for Mom and Dad?

     Jun/Jul

    Inside this issue:
    • Strategic Planning: Not Just for "Big" Organizations
    • The responsibilities of being an executor
    • New rules for partnership audits
    • Why you might not want to include corporate assets with business assets
    • 529 plans to the rescue
     



    2015 issues

    Aug/Sep

    Inside this issue:
    • New "Supplies" Definition May Dramatically Increase Your Research Credit Benefit
    • The ins and outs of choosing a business structure
    • Joining the migration to EMV cards
    • Want to benefit your loved ones? Consider split interest trusts
    • Four ways you can beat the clock with time management

    Oct/Nov

    Inside this issue:
    • October 1 EMV Deadline Is Looming…Are You Prepared?
    • Be in the know when it comes to travel expense
    • Got kids? Then you need a good tax advisor
    • Know when you need to put a client out to pasture
    • 4 ways to stay on top of your credit report

    Year-End

    Inside this issue:
    • Financial Planning to Benefit Your Business and Employees
    • Determining Your Life Insurance Needs
    • Employee vs. Independent Contractor: Make sure you get it right
    • How to Stop Micromanaging in Your Family Business
    • What's the Tax Impact of Owning a Vacation Home?

    Feb/Mar

    Inside this issue:
    • Protect your business (and your cash) with data analytics
    • Miscellaneous itemized deductions: What you can - and can't - deduct
    • Oops! My family business chose the wrong successor
    • Are you classifying your employees correctly?
    • Watch out! There are new rules regarding excepted benefits

    Apr/May

    Inside this issue:
    • Cloud Computing: Ideal for small businesses
    • Watch out! FATCA requires disclosure of foreign accounts
    • How to keep your spouse in the loop, financially
    • Close to retirement? Then you need an exit strategy
    • Section 125 cafeteria plans. Take note of recent IRS changes.

    Jun/Jul

    Inside this issue:
    • Don't Overlook the Advantages of a Cash Balance Plan
    • Are you uncertain
      about Uncertain
      Tax Positions?
    • Bad news: IRA rollovers
      now limited to one per year
    • Is your company
      prepared for a disaster?
    • How an ABLE account can
      help those with disabilities

     

     



    2014 issues

    Aug/Sep

    Inside this issue:
    • Ransomware: Coming to a computer near you?
    • Spotting the warning signs that a customer isn't planning to pay
    • College expenses getting you down? Uncle Sam offers some valuable relief
    • The ins and outs of the individual shared responsibility payment
    • Copyright basics 101: How to avoid violating the law

     

    Oct/Nov

    Inside this issue:
    • Repair Regs: The IRS says they are here to stay... so what do they mean?
    • It's time to go SHOPping: How to navigate Small Business Health Options Program Marketplaces 
    • Putting the brakes on employee fraud
    • Long-term care insurance: good or bad?
    • The ins and outs of reverse mortgages - Be sure to run the numbers

    Year-End

    Inside this issue:
    • Most Common Retirement Plan Mistakes
    • SIMPLEs make it easier for small employers to offer a retirement plan
    • Tax breaks you can get from Uncle Sam when caring for a parent
    • Don't let excess liabilities rain down on you
    • Mission impossible? How to manage the millenial generation

    Feb/Mar

    Inside this issue:
    • Life insurance mistakes you can avoid
    • Getting a handle on the ACA's "play or pay" provision
    • Transferring family-business ownership to the next generation
    • Personal financial accounts: Is it time to consolidate?
    • Why you still need a credit shelter trust

    Apr/May

    Inside this issue:
    • Section 179... one of those rare gifts
    • New mortgage rules have moved in
    • Where there's a will, there's a way
    • 5 ways to use LinkedIn to build your business
    • What employers need to know about the 0.9% additional Medicare tax

     Jun/Jul

    Inside this issue:
    • What you don't know (about employment practices) can hurt you
    • Accurately estimating retirement expenses
    • Collectibles and taxes: Be prepared for the consequences
    • How family businesses can benefits from an advisory board
    • Do you know about the new IRS regulations on EINS?
     



    2013 issues

    Aug/Sep

     
    Inside this issue:
    • Is your back office working for you or against you?
    • Don't be caught off guard. Employing cybersecurity for small businesses
    • Work with an expert when it's time to value your company
    • 6 ways to survive an IRS audit
    • Health care act may make HSAs more attractive

    Oct/Nov

     
    Inside this issue:
    • International tax issues you may not know you have
    • The IRS offers a simpler home office deduction
    • New financial reporting options for small businesses
    • Don't let estate taxes force your heirs to sell the family business
    • 3 ways for higher-income taxpayers to enjoy tax-free Roth accounts

    Year-End

     
    Inside this issue:
    • Payroll: Getting it right or getting penalized
    • Education is key to participation in retirement plans
    • A look at Section 529 plans
    • How a buy-sell agreement can help save your company
    • The AMT: Permanent "patch" provides relief, but not full protection
     






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