FICA Tip Credit Basics

FICA Tip Credit

FICA Tip Credit Basics Restaurant owners can save thousands of dollars in Taxes through the FICA Tip Credit, and they are hoping the industry won’t lose this special credit that restaurants and other food services depend on, which is available exclusively to restaurants and food service establishments. Restaurateurs are fearful of any changes or modifications…

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Entrepreneurs Can Struggle Balancing Work and Life

entrepreneur

Entrepreneurs Can Struggle Balancing Work and Life If you’re anything like me, then jobs are probably your worst enemy. Nothing’s worse than having to spend up to 12 hours a day at a job that you want nothing more than to walk away from. No matter what type of job, most of us face the…

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What Are Prevailing Wages?

Prevailing Wages

What Are Prevailing Wages? Prevailing wages have been around in the United States since 1931 when the federal government created the Davis Bacon Act. In the Davis Bacon Act, contractors and subcontractors who are working on a federally funded project that costs over $2,000 must pay their laborers the locally prevailing wages and fringe benefits…

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7 Habits of Successful Entrepreneurs

Entrepreneurs

7 Habits of Successful Entrepreneurs Entrepreneurs are a different breed. Estimated to make up approximately 14 percent of the population nationwide, the businesses they launch account for, on average, a full 48 percent of jobs. Not everyone can do what an entrepreneur does, and here again, the statistics prove it. According to Forbes, only half…

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New to Marketing Your Business Online? Here’s Where to Start

Online Marketing

New to Marketing Your Business Online? Here’s Where to Start Online marketing is an essential part of promoting a small business these days. It’s more than just opening a Facebook page or starting a blog. Marketing your business online is about creating value for your customers, entertaining them without asking for anything in return. If…

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Why we need to replace not just repeal the Affordable Care Act

Affordable Care Act

Why we need to replace not just repeal the ACA The Affordable Care Act provides insurance to tens of millions of Americans. As with most laws, there are some drawbacks to the legislation. This has led some politicians to want to repeal the law, and the new presidential administration is pushing for a repeal of…

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LLC vs. S Corp – Which One is Right for You?

Corporate Law

LLC vs. S Corp – Which One is Right for You? So you have finally decided to start your own business – Congratulations! Now is the time to make some very important decisions before you move forward in the formation of your company. One of the most important and impactful decisions you will make is in…

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