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Maybe the Luddites Had It Right
Luddites were 19th century English textile workers who smashed the newly invented machines they feared would replace them. We now know that machines and other technology are enhancements used to...
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Are You Suffering from Government Anxiety?
It’s a condition in which you have this uncertain feeling about the laws you’re supposed to follow. Is it all in your head? I don’t think so. The condition is widespread lately among business owners...
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5 Tax Rules That May Fool You
Everybody knows that tax rules are complicated. But it’s not just complications that confuse many business owners. It’s also the fact that some rules that would seem to be understood one way can be...
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I was wrong!
These are three little words that we don’t often hear from politicians. As business owners, we should be willing to say them when we make mistakes. I’ll confess a couple of mine: I was sure that the...
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The Deluge of Businesses for Sale: What It Means to You
It’s been reported that between 7 and 10 million businesses will be up for sale in the next several years as Baby Boomer owners retire (or die). The book entitled The $10 Trillion Opportunity expects...
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Moms in the Workplace
Follow @BarbaraWeltman Mother’s Day is around the corner, so I’m taking this opportunity to recognize moms who work outside of the home. Here’s what we know: 71% of moms work outside the home,...
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What IRS Statistics Say about Business Income
Follow @BarbaraWeltman The IRS’s Statistics of Income Bulletin, Spring 2015 reports tax information for 2013. Overall it shows that the economy improved between 2012 and 2013; the number of tax returns...
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News from the Supreme Court
Follow @BarbaraWeltman Each year the Supreme Court weighs in on only a limited number of cases. Two cases this year are of interest to small businesses. Monitoring 401(k) fees If your business has a...
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Time Cards for Owners?
Follow @BarbaraWeltman The time clock, which enables employers to verify the time employees start and leave the job, was invented in 1888 by Willard Bundy, a jeweler who used the mechanical timepiece...
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Thoughts on Labor Day
Follow @BarbaraWeltman This year Labor Day in the U.S. falls on September 7. It is a federal holiday created in 1894 in response to unions’ urgings. This year’s event emphasizes treating workers with...
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Smartphones and Your Employees
Follow @BarbaraWeltman Most of us are now joined at the wrist to our iPhones and Androids, which is quite a phenomenon considering that the iPhone was only introduced in 2007. We also tote tablets and...
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