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The Latest Questions Small Businesses Are Asking

Up and Running

Company culture is defined as the shared values, beliefs and practices of company employees including management. Company culture changes as the employees in the business change, as management makes strategic decisions and as the business environment shifts. Look for common employee behaviors.

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Why Employer-Sponsored Health Insurance Is A Thing Of The Past And What You Should Do About It

YoungUpstarts

companies can no longer afford to provide group health insurance to their employees. And both employers and employees alike have tried to make the most of a bad situation. Below as an overview of the steps you should take right now whether you’re an employer, insurance professional, trusted adviser, or employee: If you’re an employer….

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Proper Due Diligence: The “Other” List

YoungUpstarts

Hire a CPA. First off, a CPA will save you time by doing the same work faster than you while providing a valuable third party perspective. First off, a CPA will save you time by doing the same work faster than you while providing a valuable third party perspective. Prepare wisely.

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How Much Does the 501(c)(3) Application Process Cost in 2021?

Board Effect

Your total projected revenue must be less than $50,000 in any of the next 3 years. These companies charge a fee, but it will be far less than what an attorney or CPA charges. Your bylaws are your nonprofit’s governing documents. Actual gross receipts must not exceed $50,000 in any of the past 3 years.

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Do Nonprofit Organizations Need to Pay Taxes?

Board Effect

Some states require a “letter of determination” from the state Department of Revenue during tax season to demonstrate that they meet the qualifications of a tax-exempt organization. Does your nonprofit hire employees? Form 990 provides a description of your nonprofit’s revenue, expenses, assets, liabilities, and business activities.

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Tax Credits for Startups in New York State

David Teten

As our federal and state government continue to worry about job creation, they’re trying their best to promote entrepreneurship. For background, we rarely see a CPA come to us with a startup idea. For background, we rarely see a CPA come to us with a startup idea. New York Jobs Tax Credit. Photo courtesy Shedboy.).

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[INTERVIEW] How LaMar Van Dusen, Founder Of Phoenix Management, Wants To Help Entrepreneurs Grow Their Businesses

YoungUpstarts

That’s time they could be spending on generating new revenue for their company. Maybe they only have one or two employees in the beginning. But you should still enlist a qualified CPA to make sure everything’s squared away, especially at tax time. Time is an important resource, just like money. But, it gets old really fast.

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