Category Archives: Safety Net

The Tax Man Cometh . . . for Independent Professionals

As you probably know, one of the great advantages for businesses in outsourcing to independent contractors is that they don’t…

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How Life Insurance Can Save A Business Partnership

Here’s a nightmare for you.  You and your partner signed a partnership agreement, began your business, built it, and were…

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Do I need a new employer tax ID for a new line of services?

Q.:  My current business is in transportation services and I would like to also offer consulting services. But with the…

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When do I need a new employer tax ID for an LLC?

Q.:  I recently became a sole owner of an LLC due to a partnership split. I am renaming the LLC…

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What if you’re NOT eligible for an EIDL loan?

In addition to the Payroll Protection Program, the SBA extended its Economic Injury Disaster Loan program to cover businesses affected…

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What company financial reports does an LLC need?

Q.:  What kind of financial reports are minimally required of an LLC, and how often should they be made available…

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Chasing Your Dreams–an Interview with Robert Tuchman

Ready to chase your dreams of being an entrepreneur? Yes, I mean you. Why not you? Listen in to this…

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Using key man policies as a business partnership benefit

Q.: We are setting up key man insurance policies, and one of the spouses asked whether the business could pay…

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Minimize Tax Terrors in Two Simple Steps

It’s coming up to that time of year again. The time that most business owners dread. Tax season. Most entrepreneurs…

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Director liability when you’re no longer a director?

From the Department of “Hey, That’s a Good Point!” comes this article on Board of Directors liability by attorney Alan…

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