Tag Archives | One-Life Planning

selling business

Selling your Business

Most business owners looking to sell their business have one of two goals. 1. Maximize value for sale If you’re planning on selling your business, it’s obvious that you’ll want to maximize the value of your business. You’ll need to manage your operations for value. You’ll need to ensure that the business is poised to […]

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Tax moves 2014

9 Tax Moves for 2014

Although 2014 is more than halfway over, there are still options for taxpayers looking to save on their tax bill. 1. Sell securities. The maximum tax rate for long-term capital gains is 15% (20% for those in the top two ordinary income tax brackets). Under recent legislature, you may have to pay a surtax of 3.8% on […]

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Arranging a long-term care program for aging relatives can be an arduous process for many families. Whether working with a CPA or another professional, keep these things in mind as you make plans Some family members may prefer to step up and care for an aging parent themselves. Consider that they understand what this entails. Although a […]

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Working with a Spouse

Going into business with a spouse can be just as emotionally fraught as going into business with siblings or parents. However, spouses in business together face a unique set of challenges. In theory, spouses working together should communicate more than ordinary business partners and should be better at communicating with one another. However, this doesn’t […]

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The Team Every Business Owner Needs

Every small business owner needs a team to succeed. This doesn’t necessarily mean employees or partners (although both can certainly be a part of the team). These are people from various spheres of life and business whom you can trust. The Expert. Develop a relationship with someone in your field who is more experienced at […]

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5 Major 2014 Tax Changes

We’re less than a month into the new year, but it’s already time to take a brief look at the tax outlook for 2014. There are 5 changes that already appear poised to influence taxpayers this year. 1. Delayed Filing Season Thanks to the government shutdown in October, filing season will not begin until January […]

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Weekly Wrap-Up

The week of Christmas is typically a pretty slow week for web writing; however, there were still a few noteworthy pieces to share with you all. Take advantage of the post-Christmas slow down to look at some of these great articles. Get a Better Return on Your Business Intelligence If you enjoy a good analogy […]

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Do You Have a Hiring Strategy?

The hiring process can be slow. It can be frustrating. On the one hand, hiring new employees often occurs at high-energy times, which can be motivating and energizing when channeled. Either your business is experiencing significant growth, or you’re in crisis mode looking to replace an existing staff member. Either way, there is an undercurrent […]

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Household Employees

Tax issues abound with household employees because many employers aren’t sure how to deal with payment of a household employee.  Here are four ways to avoid tax-time problems with household employees. Don’t misclassify a household employee as an independent contractor. With the IRS increasingly vigilant in regards to employees v. independent contractors, it remains important […]

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