Small Business Tips
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Maintaining customer relationships after an acquisition
When a business is acquired, its customers don’t necessarily transfer their loyalty to the buyer. Customers may worry about future pricing, service, product quality and…
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Repair or improvement: Does the distinction matter under current tax law?
Ordinary repair and maintenance costs are generally deductible in the year they’re paid or incurred, depending on your accounting method. Costs that improve property must be capitalized.…
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Which products really drive your business’s profits?
Robust sales don’t always translate into strong profits. A popular product could produce disappointing returns when you account for discounts, shipping, returns and support costs.…
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Which fringe benefits are tax-free to employees?
To attract and retain skilled workers, your small business needs to offer more than competitive pay. Your benefits package matters, too — and benefits with…
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Let’s trade! Business bartering is still taxable
Trading items or services — without exchanging cash — has long been common among small businesses. Today, some use online barter exchanges to facilitate trades.…
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Give executive fraud risk your full attention
Occupational fraud can occur at any level of an organization. But misconduct by owners and senior executives can be particularly costly because they usually have…
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